TechFlow reports, according to on-chain analyst Yujin, 8 hours ago two whale addresses holding GMX (possibly belonging to the same individual/institution) deposited 54,607 GMX (worth $1.78 million) into GMX staking.
The address ending in 0x856 deposited 28,385 GMX (worth $920,000); the address ending in 0xacc deposited 26,221 GMX (worth $850,000). These two addresses have now staked a total of 210,493 GMX (worth $6.88 million), at a cost basis of approximately $58. They are currently down $5.34 million (-43%) on a floating loss.
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