TechFlow reports, according to on-chain analyst Yu Jin's monitoring, Amber Group transferred 18,839 GMX (worth approximately $1.37 million) from its 0xb63c address to Binance this morning. Amber currently still holds 175,086 GMX (worth around $12.95 million), second only in quantity to Arthur Hayes, founder of BitMEX.
Amber acquired its GMX holdings over the past three months by withdrawing from Binance; based on the prices at the time of withdrawal, the estimated cost is likely around $64.62.
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