The GMT fund-raising address has made a notable move after a four-month hiatus. Between March 25 and March 29, this address transferred $74.71 million worth of GMT from Binance, representing 11.63% of the total circulating tokens at that time.
This action propelled the coin’s price up by 34%, from $0.2989 to $0.4006, marking its highest peak in nearly a year.
GMT Accumulation Address Has Distributed 215 Million Tokens To Many Addresses
In recent months, the accumulation address has distributed 215 million tokens across numerous addresses. Among these, address 0x730…2a1671 received the largest share. Just nine hours ago, this address deposited 25.58 million GMT back into Binance, valued at $3.44 million. This significant deposit comes after four months of inactivity.
四个月前的 $GMT 吸筹地址有行动了！
帮大家回顾下这个地址的骚操作：03/25 – 03/29 期间高调从 #Binance 转出价值 7471 万美金的 GMT，占当时流通代币总量的 11.63%
以一己之力推动币价在五天内快速上涨 34% ($0.2989 > $0.4006)，且达到近一年币价峰值👻 https://t.co/ehGC5tdypo pic.twitter.com/vvibDW4jkL
— Ai 姨 (@ai_9684xtpa) August 3, 2024
The strategic movements of the $GMT fund-raising address continue to shape the market dynamics, demonstrating its substantial influence on the token’s price and distribution. As these large transactions unfold, the market watches closely, anticipating further impacts on $GMT’s valuation and stability.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
