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15 minutes ago, the last 120.8 thousand GMX were transferred into CEX from a certain address

15 minutes ago, the last 120.8 thousand GMX were transferred into CEX from a certain address

Bitget2024/11/28 13:54

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.

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