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Giant Investors Dump GMX Coin and O 4 to the Stock Exchange!
Cryptocurrency markets have attracted a lot of attention in recent years. In addition to leading cryptocurrencies such as Bitcoin and Ethereum, new altcoins such as GMX coin are entering the radar of investors every day. April 8, 2024 is also a very active day for cryptocurrency markets. In this article, we’ll take a look at some of the most important developments of the day, especially whale activity.
Arthur Hayes transfers GMX coin, investor profits with PANTIES
An address tracked by Lookonchain invested 30 SOL (about $106,000) in PANTIES today and made a profit of 1,767.5 SOL (about $313,000). The investor bought 31 million PANTIES and sold them for 1,797.5 SOL (about $318,000). He then invested another 600 SOL (about $106,000) to buy 6 million PANTIES.
This guy who made $3M on $SLERF made another 1,767.5 $SOL($313K) on #PANTIES with only 30 $SOL($5K) today!
This guy 30 $SOL($5K) to buy 31.57M #PANTIES with a new wallet, then sold 31M #PANTIES for 1,797.5 $SOL($318K), realizing a profit of 1,767.5 $SOL($313K).
Then he used his… pic.twitter.com/KjEwgCHlaF
– Lookonchain (@lookonchain) April 8, 2024
BitMEX founder Arthur Hayes transferred 237,000 GMX (about $9.78 million) to a new address. The address then transferred 41,000 GMX (about $1.68 million) to Binance, OKX and Bybit. The data shows that the new address belongs to Wintermute. This suggests that Hayes may have entrusted his GMX to Wintermute for sale or OTC trading.
BitMEX 创始人 @CryptoHayes 这是不打算继续持有 GMX 了？
Arthur Hayes 自 2022 年以来作为 GMX 持币第一的个人地址，长期持有 GMX，成本约 $45 (这个价格没算上质押获得的收益)。
半小时前，他将持有的全部 GMX (23.7 万枚，价值值 $9.78M) 转至一个新建地址。该地址随后将 4.1 万枚 GMX($1.68M)… pic.twitter.com/AWoz4jEaRg
– 余烬 (@EmberCN) April 8, 2024
Maker and ENA coins are booming
A whale that bought 4,488.9 MKR at an average of $2,963 in March transferred 3,001 MKR (about $10.66 million) to Binance today. MKR serves as the governance token of the MakerDAO protocol. MakerDAO is a decentralized finance (DeFi) protocol that runs on the Ethereum blockchain. The goal of the protocol is to create a stablecoin called DAI. DAI is a cryptocurrency pegged to the US dollar and is backed by a set of smart contracts managed by MakerDAO to maintain price stability.
这个在 3 月份以 $2,963 的价格买入 4488.9 MKR 的鲸鱼，半小时前将 3,001 MKR($10.66M) 转入了币安。
应该是要获利止盈了。https://t.co/pgFDge8A82 https://t.co/9XJABUjbPm pic.twitter.com/wVJB1rYglg
– 余烬 (@EmberCN) April 8, 2024
The whale named “0x4f6”, a highly successful trader in altcoin trading, bought 2.65 million Ethena (ENA) on Bybit at an average price of $1.13. The whale had previously invested in altcoins such as ENS, CYBER, LINK, FTM, SAND, MANA and AEVO and made a profit of 347 thousand dollars with a success rate of 71.4%. Ethena has recently attracted the attention of many investors and was expected to rise.
Cryptocurrency markets are generally bullish today. Bitcoin and Ethereum have gained more than 2% in the last 24 hours. Altcoins are rising similarly. PANTIES and Ethena are among the coins that attracted attention after whale investments. Time will tell how cryptos will move in the coming period. Cryptocoin.com we’ll be transmitting the movements of the whales.
