---
title: "STG Jumps Over 40% After 8 Million Tokens Withdrawn From a Centralized Exchange"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289265223.md"
description: "STG surged over 40% after an address withdrew 8 million tokens from a centralized exchange on June 10. The report highlights that STG, now acquired by ZRO, converts at a fixed rate of 1:0.08634. With ZRO trading at $0.84, the implied STG price is ~$0.07, significantly below its current market price of $0.36."
datetime: "2026-06-10T02:54:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289265223.md)
  - [en](https://longbridge.com/en/news/289265223.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289265223.md)
generator: "portal-rs"
---

# STG Jumps Over 40% After 8 Million Tokens Withdrawn From a Centralized Exchange

STG rose more than 40% after an address withdrew 8 million STG from a centralized exchange (CEX). According to BlockBeats On-chain Detection, the withdrawal was made from a CEX on June 10. The report noted that after STG was acquired by ZRO, STG can only be converted one-way into ZRO at a fixed rate of 1 STG to 0.08634 ZRO. ZRO’s price was reported at $0.84 and did not rise. Based on the stated conversion ratio, the implied STG price would be around $0.07, while STG was trading at $0.36, according to the report.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**