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A position on a certain address on GMX v1 was liquidated, generating over 13 million US dollars in fees, 30% of which will be used to repurchase GMX

A position on a certain address on GMX v1 was liquidated, generating over 13 million US dollars in fees, 30% of which will be used to repurchase GMX

Bitget2025/04/07 11:02

Odaily Planet Daily reports that according to Sigma Squared monitoring, an old Bitcoin position was liquidated on GMX v1, generating over 13 million dollars in fees (borrowing costs). 30% of the collected fees will be used to repurchase GMX.

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