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.
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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Source: Cryptocurrency - investing.com
