15 minutes ago, the last 120.8 thousand GMX were transferred into CEX from a certain address
On November 28, according to on-chain analyst Yu Jin's monitoring, a large whale or institution transferred its last 120.8 thousand GMX (approximately $3.63 million) into CEX and completed the sale within the past 15 minutes, causing the price of GMX to fall from $30 to $28.5 again.
Data shows that this whale or institution has sold a total of 388 thousand GMX today (about $12.13 million), resulting in a loss of $5.82 million from this clearance operation and causing a significant impact on the price of GMX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant CEO: BTC Dominance Unlikely to Decline Soon Given Growth Rate
Dollar could rise if Trump implements tariffs: economist
FET breaks $1.50