Stepn officially unlocked 61.2 million GMTs for VC, consultants and teams

It is reported that according to the monitoring data of Lookonchain, @ Stepnofficial officially unlocked 61.2 million GMTs (worth about 20.6 million US dollars) for VC, consultants and teams five hours ago. According to data monitoring, five addresses that received unlock tokens transferred GMT to Binance, totaling 9.67 million GMT (worth about 3.25 million US dollars).

Interpretation of this information:

The message reports that @Stepnofficial has unlocked a significant number of Global Media Tokens (GMT) for Venture Capitalists, consultants, and teams, worth approximately $20.6 million. Lookonchain has monitored this data, stating that several addresses have received these unlock tokens, with five addresses transferring around 9.67 million GMT (equivalent to $3.25 million) to Binance.

The primary message points to a significant unlocking of tokens by @Stepnofficial, which indicates that the GMT token is likely to be in high demand. The amount of tokens, 61.2 million, and their value of $20.6 million, illustrates a large sum of money involved, which is in line with the cryptocurrency market’s volatile nature.

Most importantly, the data monitoring aspect of this message highlights the level of transparency in the cryptocurrency market. While the transaction could have gone unnoticed for a longer duration, the fact that Lookonchain monitors the data and reports it points to the transparency that exists in the cryptocurrency market.

The transfer of tokens to Binance could suggest that there is a market for GMT on this cryptocurrency exchange, and investors looking to buy or sell GMT could use Binance as a platform.

In conclusion, the message highlights the transfer of tokens worth millions of dollars, the transparency in the cryptocurrency market, and the potential market demand for GMT on the Binance cryptocurrency exchange.