The moment that investors have been waiting for for a long time in Bitcoin has come and BTC has passed $ 30,000.
This rise in BTC also worked for altcoins, and there were also rises on the altcoin front.
While there are investors waiting for these rises to continue for sales, some investors preferred to sell at this rise.
Popular on-chain data provider Lookonchain announced today that a whale has sold Gains Network (GNS) and GMX (GMX) tokens that it bought from Binance a month ago.
According to the post, the whale bought 41,302 GMX (worth $3.05 million) from Binance at $74 a month ago, while it bought 59,064 GNS (worth $493,000) at $8.36.
This whale made a profit of $ 214,000 by selling the GMX tokens it bought for $ 79 for $ 3.26 million, while selling the GNS tokens at $ 6.86, making a loss of $ 88,000.
Whale also bought 1,696 Ethereum for the sale of GMX tokens, and 211 ETH for the sale of GNS tokens.
“A whale sold all of the GNS GMX tokens it bought from Binance 1 month ago.
Whale bought 41,302 GMX (worth $3.05 million) at $74, and 59,064 GNS ($493,000) at $8.36.
This whale earned $214,000 by selling GMX tokens for $3.26 million at $79, while it lost $88K by selling GNS tokens for $6.86.
In response to these sales, the whale bought 1,696 and 211 ETH in two parts."
https://twitter.com/lookonchain/status/1645650610308673536?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1645650610308673536%7Ctwgr%5E2ae53ae44030379349dae04daconferef%%34934ur2 in-ethereum-made-by-this-smart-money-on-gmx-and-gns-heres-how
GMX, which went up to $ 80 in the last 24 hours, experienced some pullback and is trading at $ 78.69 at the time of writing.
GNS, which rose above $ 7 with the rise, continues to be traded at $ 6.77 at the time of writing, with its decline.
*Not investment advice.
