In a recent development, Binance Labs, the independent investment arm of Binance, has stirred speculation after transferring a massive STEPN (GMT) reserve. The reserve was transferred to Binance Deposit, which spurred rumours of a possible selloff of investment tokens. Moreover, the GMT price plunged 14% after the transaction, catalyzed by the bearish market trend. Binance The post Binance Labs 9M GMT Transfer Raises Selloff Speculations, GMT Price Crashes 14% appeared first on CoinGape .