GSR has been depositing $OM to #CEX over the past week? 🥶
1hr ago, wallet 0xd39df has deposited 2M OM ~ $1.57M to #Binance
This wallet was just created within the last 3 weeks. And it has received over 33.5M OM ~ $22.21M from 4 different wallet addresses.
Out of the 33.5M OM received, over 12M OM have been staked, and 4M OM ~ $3.23M have been deposited to #OKX and Binance within the past week. 🤔🤔
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Wallet 0x03c7, 1 out of the 4 addresses that sent OM, is directly related to GSR 0x2478 fund wallet and the @MANTRA project.
The GSR 0x2478 wallet received OM from the MantraDAO Treasury in 2 batches:
- 11/2022: 116.66 OM at a price of 0.044
- 05/2023: 38.9 OM at a price of 0.022
The entire amount was distributed to the new wallet address 6 months ago through Binance exchange, coinciding with the time when 4 wallets mentioned above received a large amount of OM.
🍸 This could indicate that GSR is actively engaging with $OM at the current time (the price has increased at least 18x, from 0.044 to 0.78 now).
