Lookonchain: Amber Group and Arca are increasing their holdings in GMX

According to ChainCatcher news and analysis by Lookonchain, in the past month, Amber Group and Arca have been increasing their holdings of GMX.

Amber Group received 122,144 GMX (currently worth 9.8 million USD) from Binance exchange addresses in the past month, with an average acquisition price of 61.9 USD. These 122,144 GMX have now been transferred to 3 new addresses.

In the past 3 days, Arca purchased 42,972 GMX at an average price of about 81.5 USD using 2,065 ETH, and a month ago, they bought 23,476 GMX at an average price of 42.6 USD using 1 million USDC. (Source link)