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CryptoWorld News reports that, according to on-chain analyst Yu Yan's monitoring, after a certain address withdrew 8 million STG tokens (approximately $2.2 million) from Gate, the price of STG increased by over 40%.
After STG was acquired by ZRO, it can only be exchanged unidirectionally for ZRO, at a fixed ratio of 1 STG = 0.08634 ZRO.
The current ZRO price is $0.84, and based on this ratio, the implied price of STG should be around $0.07, but the current STG price is $0.36.