PANews reported on April 6 that, according to Onchain Lens monitoring, a whale address recently deposited 31 million STO tokens (approximately $5.86 million) into Binance and Bitget exchanges in batches, and profited approximately $1.37 million from this operation.

On-chain data shows that the whale previously withdrew 31.06 million STO tokens from Binance at a cost of approximately $4.49 million.