ChainCatcher message: According to on-chain analyst Yu Jin monitoring, after GPS surged by more than 50% today, OKX Ventures transferred 48.611 million GPS tokens (about $750,000) into Binance about an hour ago.
Yu Jin said that OKX Ventures is a GPS investment firm. The tokens transferred out in this instance likely come from investment unlock/vesting, or because OKX has not listed that token for spot trading, so it was moved to Binance for sale.
Yu Jin said that OKX Ventures is a GPS investment firm. The tokens transferred out in this instance likely come from investment unlock/vesting, or because OKX has not listed that token for spot trading, so it was moved to Binance for sale.