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.
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