6 whales bought millions of dollars of this Altcoin from Binance
At this time, Lookonchain announced that institutional investors and whales are accumulating an altcoin called GMX.
Accordingly, 6 new wallets created in the past two days have purchased GMX worth 15.3 million USD.
“Whales/institutions are buying GMX and GMX price is up ~24% in the last 2 days.
“In the past 2 days, 6 new wallets withdrew a total of 344,502 GMX (15.3 million USD) from Binance.”
GMX, which rose to $46 after gains over the past two days, continues to trade at $42.23 at the time of writing.
Additionally, according to CryptoQuant data, long-term Bitcoin investors and whales are also buying large amounts of BTC.
