Arthur Hayes transferred 237,000 GMX to a newly created address
According to third-party on-chain monitoring data, BitMEX founder Arthur Hayes has been the top individual GMX holder since 2022, holding GMX long-term at a cost of about $45 (this price does not include earnings from staking). Half an hour ago, he transferred all his GMX holdings (237,000 coins worth $9.78 million) to a newly created address. This address then transferred 41,000 GMX ($1.68 million) into Binance, OKX and Bybit. The new address received Gas from Wintermute and is likely owned by Wintermute. Its GMX may be delegated for sale or OTC trading through Wintermute.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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