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BitMEX Founder Arthur Hayes Makes Massive $8,000,000 Profit Buying Up GMX: On-Chain Data

dailyhodl.com

BitMEX founder Arthur Hayes has reportedly seen the value of his GMX portfolio balloon by more than $8 million in a matter of months. The blockchain-tracking Twitter account Lookonchain reports that Hayes bought 200,580 GMX between March 3rd and September 7th of last year. He spent 3,386 Ethereum (ETH) worth $5.

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Bitcoin GMX
$ 29.09

Timeline of Gmx


GMX retains spot as the leading protocol on Arbitrum, here's why - AMBCrypto

Despite the volatility in the decentralized finance (DeFi) market in 2022, GMX, a decentralized exchange for spot and perpetual trading on Arbitrum and Avalanche, has maintained its position as the project with the highest total value locked (TVL) on Arbitrum, according to data from DefiLlama.


This DeFi Token Soars 102% In 2022 Even As Bitcoin, Ethereum, Dogecoin Miss Out On Market Gains - Benzinga

As 2022 draws to a close, it is clear that decentralized crypto exchange's native token GMX (CRYPTO: GMX) is the biggest gainer, surging over 102% and trading at $45, as per Benzinga Pro data. What Happened: Apex crypto Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) did not even make it on the list of top 100 gainers by market capitalization, recorded at 2:30 a.m.


GMX ranks as best performing crypto during devastating bear market - CryptoSlate

The GMX token is only down -23% since reaching its all-time high on January 16, making it the best-performing cryptocurrency (excluding stablecoins) in this bear market. The post GMX ranks as best performing crypto during devastating bear market appeared first on CryptoSlate.


GMX skyrockets 32% and to the top of the charts - Crypto news

GMX — a token powering a decentralized exchange (DEX) — skyrocketed by 32% after blockchain data revealed that it overtook top DEX Uniswap. Crypto research firm shared data about GMX's raking in $1,167,858 in daily fees on Nov.


GMX DEX Falls Victim to $400k Price Manipulation That Made Use of its No Slippage Feature - Cryptonews

The decentralized exchange (DEX) GMX has fallen victim to an exploit by a large and sophisticated trader who reportedly was able to “siphon all the liquidity” from its avalanche (AVAX) market and profit from the manipulated price.


GMX DEX Reportedly Suffers $565,000 Exploit - BeInCrypto

Decentralized exchange (DEX) GMX allegedly experiences price manipulation on the AVAX/USD pair in key exchanges. The post GMX DEX Reportedly Suffers $565,000 Exploit appeared first on BeInCrypto.

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