Whale 0x5db just moved 20.78M STORJ ($17.18M) to the Binance deposit address:

• transaction: 0xef30d9d559e357fcd9282d3070e8372541f1f126c9bcabbaf216983b29ea2d59
• address: 0x5db5e0986adcc926ecf822489d0eec4b97aa373b

The whale withdrew 20.78M STORJ ($21.6M) from OKX and Binance at an average price of $1.04 on December 17, 2023. If truly sold now, the whale would realize a loss of $4.49M (-20.8%) from STORJ.

Notably, whale 0x5db received its funding ETH from whale 0x97c who just deposited 3.99M STORJ ($3.27M) to Binance 12 hours ago (more details here). Overall, there have been three whales (likely one person) depositing 30.78M STORJ ($25.3M) at an average price of $0.82 to Binance, accounting for 7.24% of the total supply, in the last 17 hours.

• other whale 1: 0x97c13e89447b4a0984dee1c9e944aaae4d37dcd6
• other whale 2: 0xdf75ac4d543eedf9c88fc930c8ae8a3799ba3251

The three whales together suffered a joint loss of $745K (-2.86%) from STORJ.

Fig 1. Whale 0x5db's overall STORJ trading history.

Fig 2. The three whales' overall STORJ trading history.