Odaily Planet Daily reports that according to Ember monitoring, two hours ago, Alameda Research’s bankruptcy liquidation address (0x7B7…84d0) exchanged 129 million STG tokens for 11.142 million ZRO tokens, valued at $24.29 million. This STG accounts for 12.9% of the total STG supply and was obtained by Alameda Research as an investment institution through investment unlocks. Previously, LayerZero announced plans to launch the L1 blockchain Zero and in August 2025, acquired Stargate for $110 million. STG holders can exchange their tokens at a fixed rate of 1 STG = 0.08634 ZRO.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Approximately $316 million was liquidated across the entire network in the past 24 hours, mainly long positions.
Odaily Planet Daily reports that Coinglass data shows approximately $316 million in liquidations across the entire network in the past 24 hours, with long positions liquidated at $290 million and short positions around $25.61 million.
GateNewsBot16m ago
Matrixport's associated whale has added to their ETH long position again, currently with an unrealized loss of $15.5 million.
Odaily Planet Daily reports that, according to Lookonchain monitoring, a whale associated with Matrixport has been continuously increasing its ETH long positions during the market downturn. Currently, it holds 115,000 ETH, valued at $215 million. The whale (0x6C8...84F6, 0xa5B...1D41) is currently experiencing an unrealized loss of over $15.5 million.
GateNewsBot28m ago
Today, the Fear and Greed Index dropped back to 5, and the entire month of February has been in a state of extreme fear.
PANews February 23 News, according to Alternative.me data, the cryptocurrency Fear & Greed Index dropped to 5 today, after February 12, further down from yesterday's 9, indicating that market sentiment remains in a state of "Extreme Fear." Currently, the index has been in the Extreme Fear zone throughout February.
GateNewsBot1h ago
Before Musk gave him $1 million, he earned $600,000 by issuing tokens.
X announced the winners of the million-dollar article contest, @beaverd was rewarded for exposing Deloitte corruption, but Bubblemaps accused him of being a "serial market maker," profiting $600,000 by manipulating coin prices. Although controversial, Beaver gained support in the crypto community for his interesting subculture and the Somaliscan project, sparking a discussion about whether he should be held responsible.
区块客1h ago
Bitcoin ETF outflows for five consecutive weeks, market waits anxiously for NVIDIA earnings report
Last week, the US stock market experienced volatility due to profit concerns over AI software stocks and the Supreme Court's tariff ruling. Bitcoin ETFs saw five consecutive weeks of outflows, indicating a cautious attitude toward risk assets. Market focus has shifted to NVIDIA's upcoming earnings report and the US January PPI data, which are expected to provide important clues about the economic outlook.
ChainNewsAbmedia1h ago
BGD Labs Announces Offboarding Plan From Aave Protocol
After climbing the previous week on the heels of Grayscale’s S-1 filing, the decentralized finance ( DeFi) token linked to the lending protocol Aave slipped 7% against the greenback, giving back a portion of those earlier gains. As the market recalibrated, BGD Labs disclosed it will end its
Coinpedia6h ago
