TechFlow, according to on-chain analyst烬 (Yujing), eight hours ago a whale sold 36,834 GMX for 2.13 million DAI (average price of $58.3). As a result, the GMX price on CEX dropped from $61.4 to $60.2.
The whale originally purchased its GMX holdings on March 14 at an average price of $71.9 and has now sold them at $58.3, resulting in a loss of $500,000 on this investment.
In addition, between January 25 and January 26, the whale bought 28,872 GMX for $1.28 million (average price of $44.3); then between March 9 and March 11, it sold 18,500 GMX at an average price of $64.2, realizing a profit of $570,000.




