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TechFlow reported on November 28 that, according to Etherscan monitoring, a whale/institutional investor transferred the remaining 120,800 GMX tokens (approximately $3.63 million) from their address to Binance within the past 15 minutes, causing the GMX price to drop from $30 to $28.50. Today, this address has transferred a total of 388,000 GMX tokens (approximately $12.13 million) to Binance, resulting in an estimated loss of about $5.82 million.
According to EJMonitor, a whale/institutional investor transferred the remaining 120,800 GMX (approximately $3.63 million) from their address to Binance within the past 15 minutes, causing the GMX price to drop from $30 to $28.50. The address has sent a total of 388,000 GMX (approximately $12.13 million) to Binance today, resulting in a loss of about $5.82 million.
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