On May 2, Spot On Chain monitoring data showed that 8 hours ago, a GMX whale released 16,500 GMX (about 1.51 million US dollars) after staking for 293 days. Five hours after the release of the pledge, the whale sold 2,000 GMX in exchange for 139,000 USDC. Since the first purchase on July 12, 2022, the whale has never sold any GMX.
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A GMX whale unstaked 16,500 GMX and exchanged 2,000 GMX for 139,000 USDC
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