Stargate Treasury allegedly commissioned GSR Markets to sell 5 million STG

According to ai_9684xtpa monitoring, Stargate Treasury (treasury address) is suspected of entrusting GSR Markets to sell 5 million STG coins, worth 3.66 million US dollars, which have all been deposited into Binance seven hours ago.

Yesterday, address 0x22d...a63df also deposited 10.24 million tokens received from the treasury two months ago into the exchange, worth 8.89 million US dollars.

Upbit listed STG won trading pair yesterday, causing a 45% surge in coin price.