The STEPN unlocked 79.2M GMT ($28.6M) today, of which 55.3M GMT ($19.1M) have just been distributed to 45 unique addresses:

• STEPN: Token Time Lock: 0xf6f26b544b8f8761b6a4aa7f16bc7b71775dc3bd

Notably, among those 45 receiving addresses:

• 8 addresses have deposited 5.39M GMT to Binance at $0.354, accounting for 6.8% of the unlock;
• 22 addresses, who are strong holders and still keep GMT from at least the 3 recent vestings), received 37.9M GMT ($13.1M), accounting for 47.6%;
• 15 addresses, who may deposit their GMT to CEX soon, got 12M GMT ($4.15M), accounting for 15%.
• Visit here for the complete list of GMT vesting addresses.

Overall, the STEPN Token Time Lock has unlocked 316.8M GMT ($81.2M) in four monthly distributions since October 9, 2023. The contract still holds 2.43B GMT ($824M).

Fig 1. Top 15 GMT vesting addresses.

Fig 2. The STEPN Token Time Lock has unlocked 316.8M GMT ($81.2M) since October 9, 2023.