Suspected STEPN investors or team deposited 14.34 million GMT into CEX

According to Spot On Chain monitoring, the wallet address starting with 0x8b3 (STEPN investor or team wallet) deposited 14.34 million GMT into CEX about 14 hours ago, equivalent to approximately $3.87 million. Notably, since July 2023, it has received a total of 131 million GMT from all unlocks and deposited 25.8 million GMT into CEX at a price of about $0.27 each (approximately $6.93 million) when prices were falling. The wallet currently still holds around 104.5 million GMT, worth approximately $27.7 million.