- Lookonchain names Arthur Hayes, the BitMex CEO, as the largest holder of GMX.
- The BitMex CEO once accumulated around 200,580 GMX tokens worth $5.72 million.
- Hayes’ GMX holding is currently worth $13.47M, reflecting a profit of close to $9M.
Loonkonchain, a blockchain analytics tool that grabs data from DEXs, has identified Arthur Hayes, the BitMex CEO, as the largest holder of GMX, the native crypto for the decentralized exchange under the same identity.
According to Lookonchain, Hayes accumulated 200,580 GMX tokens between March 3, to September 7, 2022. He paid 3,386 ETH for this purchase, equivalent to $5.72 million. The average buying price of each GMX token during this period was $28.5.
1/ Arthur Hayes (@CryptoHayes) is currently the largest individual holding address of $GMX, holding 200,580 $GMX ($13.47M).He bought 200,580 $GMX with a cost of 3,386 $ETH($5.72M at that time) from Mar 3, 2022 to Sept 7, 2022, the average buying price is $28.5. pic.twitter.com/cWjlnQScJs
— Lookonchain (@lookonchain) February 6, 2023
Data from Coinmarketcap shows that GMX has a total supply of 8,871,720 tokens. With 200,580 tokens in his portfolio, Hayes holds 2.26% …
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