$GMX price fell 14% in the short term due to a certain Whale/institution dumping 267,000 GMX
Gate News: According to Yu Jin monitoring, in early June, a Whale or institution purchased 302,000 GMX (USD 13.47 million) at an average price of USD 45 through six addresses, which pushed the GMX price up by 12%. Six hours ago, this Whale/institution transferred a total of 267,000 GMX (USD 8.5 million) to exchanges through four addresses for sale. This caused the GMX price to drop from USD 33 to USD 28, a decrease of 14%. This Whale/institution suffered a loss of USD 4 million on GMX.
gate data shows that the price of $GMX has dropped by 2.57% in the past 24 hours, with the current price at $30.28, market cap at $297.27M, and 24-hour trading volume at $201.66K.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
$GMX price fell 14% in the short term due to a certain Whale/institution dumping 267,000 GMX
Gate News: According to Yu Jin monitoring, in early June, a Whale or institution purchased 302,000 GMX (USD 13.47 million) at an average price of USD 45 through six addresses, which pushed the GMX price up by 12%. Six hours ago, this Whale/institution transferred a total of 267,000 GMX (USD 8.5 million) to exchanges through four addresses for sale. This caused the GMX price to drop from USD 33 to USD 28, a decrease of 14%. This Whale/institution suffered a loss of USD 4 million on GMX.
gate data shows that the price of $GMX has dropped by 2.57% in the past 24 hours, with the current price at $30.28, market cap at $297.27M, and 24-hour trading volume at $201.66K.