ChainCatcher news, the encrypted cloud storage platform Storj has announced the appointment of Colby Winegar as CEO. He previously served as the Chief Revenue Officer of Storj for many years, driving key strategic partnerships, technology alliances, acquisitions, and new customers.Before joining Storj, Colby co-founded and led CrowdStorage. He scaled CrowdStorage to serve over 1,000 customers, including Western Digital and Vivint. Colby was also responsible for strategic partnerships and new growth opportunities at Vivint Smart Home, North America's leading smart home service provider, and established partnerships with Best Buy and Airbnb.

ChainCatcher news, according to @ai_9684xtpa monitoring, two hours ago the Storj project direction GSR Markets Binance deposit address transferred 5 million STORJ, worth 3 million dollars, suspected of being a delegated sell or market making.

ChainCatcher news, according to PR Newswire, Storj announced the acquisition of PetaGene, the creator of cunoFS, to consolidate the growth momentum driven by Storj's recent acquisition of the distributed GPU provider Valdi. Storj now offers distributed cloud object storage, distributed on-demand GPU computing, and distributed file storage installations. These features collectively provide seamless access to distributed cloud for video and AI workloads, enhancing performance, security, cost, and carbon savings for more edge and global customers.cunoFS, developed by PetaGene, is a high-performance installation client that is expected to revolutionize the cloud workflows of data-intensive media and entertainment industries, as well as users of all cloud platforms and object storage providers. In addition to the Linux client, cunoFS launched a Windows native client at IBC 2024, with its macOS native client set to be released later this year.

ChainCatcher news, according to CoinDesk, the crypto-supported cloud storage platform Storj has announced the acquisition of high-performance cloud computing provider Valdi, adding graphics processing unit (GPU) computing capabilities for its enterprise clients, with the specific acquisition amount not disclosed.It is reported that this acquisition aims to address the computing power shortage brought about by the growth of the artificial intelligence market by allowing clients to utilize available GPU computing resources from data centers around the world.

ChainCatcher message, Ethereum co-founder Vitalik stated on Warpcast: "Which are the most likely to succeed in the DePIN projects? This category seems to be a new naming for something that has already existed for a decade (StorJ, various decentralized Ubers, etc.) but has never taken off? So, why will it take off now?"

ChainCatcher message, according to Spot On Chain monitoring, 4 hours ago, the Storj team deposited 2.5 million STORJ to Binance, approximately 1.88 million USD.

ChainCatcher news, the decentralized storage network STORJ team released the Q4 2023 report. The data shows that by the end of Q4, the total circulating supply of STORJ reached approximately 366.4 million tokens, with operational reserves retaining about 28 million STORJ.In addition, as of the end of Q4 2023, the total non-circulating supply of STORJ tokens held by Storj was 58.6 million tokens, which includes 28 million tokens in non-time-locked reserves and 30.6 million tokens in time-limited reserves. As of the end of Q4 2023, the total supply of STORJ tokens reached 425 million, combining the 366.4 million circulating supply with the 58.6 million non-circulating supply.

ChainCatcher news, according to Spot On Chain monitoring, about 3 hours ago, the Storj team deposited 2 million STORJ (1.42 million USD) to Binance. Since November 9, 2023, the Storj team has cumulatively deposited 28.9 million STORJ to Binance at an average price of approximately 0.821 USD.

ChainCatcher news, according to Spot On Chain monitoring, new whales accumulating STORJ from September to October are profiting from their investments.In the past 2 days, 3 whales deposited 21.24 million STORJ (approximately 16.6 million USD) to Binance at an average price of 0.784 USD. Additionally, 2 whales still hold 25.57 million STORJ (approximately 18.9 million USD), accounting for about 6% of the total supply.The total expected profit gained by the 5 whales from STORJ is 16.8 million USD, with realized profits of 8.2 million USD.

ChainCatcher news, according to Spot On Chain monitoring, in the past 17 hours, three whale addresses (suspected to be the same person) deposited 30.78 million STORJ (approximately 25.3 million USD) into Binance, accounting for 7.24% of the total supply. These three whale addresses purchased 10 million STORJ (approximately 4.44 million USD) at an average price of 0.44 USD between September and October, and further increased their holdings by 20.8 million STORJ at a price of 1.04 USD on December 17, resulting in an overall loss of 745,000 USD.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, on October 8, a giant whale withdrew 6.01 million STORJ from Binance at a price of $0.47, having deposited this 6.01 million STORJ (approximately $4.93 million) into Binance one hour earlier.It is reported that he withdrew STORJ from Binance and held it for nearly 3 months, during which the price of STORJ rose from $0.47 to the current $0.82. He is expected to realize a profit of $2.11 million (+75%) on STORJ.

ChainCatcher news, according to Lookonchain monitoring, 30 minutes ago, a whale deposited 19 million STORJ (16.15 million USD) into Binance.It is reported that on November 19, the whale withdrew 19 million STORJ (14.11 million USD) from Binance, at that time the price was about 0.74 USD, and the current profit exceeds 2 million USD.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, 20 minutes ago, 2 addresses withdrew 23.02 million STORJ (23.78 million USD) from Binance and OKX.Meanwhile, STORJ started to rise 2 hours ago, climbing from $0.928 to a peak of $1.095 (+18%).

ChainCatcher news, according to Spot On Chain monitoring, the Storj team address deposited 1 million STORJ (approximately $945,000) to Binance after the price increase.It is reported that since November 9, 2023, the team address has cumulatively deposited 17 million STORJ (approximately $13.2 million, average price: $0.779) to Binance, most of which was before the price drop.

ChainCatcher news, according to Scopescan monitoring, Upbit currently holds 19.76% of the total supply of STORJ tokens, making it the largest holder of STORJ tokens.

ChainCatcher news, according to Spot On Chain monitoring, the Storj team deposited 3 million STORJ (approximately 2.42 million USD) to Binance about 5 hours ago.

ChainCatcher news, according to Lookonchain monitoring, in the past 3 hours, the address starting with 0x387 has withdrawn a total of 19 million STORJ (approximately 13.43 million USD) and 48,534 AAVE (approximately 4.3 million USD) from Binance.Previously reported, the address withdrew 5 million STORJ (approximately 3.5 million USD) and 48,534 AAVE (approximately 4.3 million USD) from Binance.