The Data: Amber Group and Arca Are Adding to GMX

According to Lookonchain analysis, Amber Group and Arca are increasing positions in GMX. Among them, Amber Group has received 122,144 GMX (currently worth $9.8 million) from Binance Exchange addresses in the past month, with an average receiving price of $61.9. The 122,144 GMX GMX has now moved to 3 new addresses. Arca bought 42,972 GMX with 2,065 ETH at an average price of about $81.5 in the past 3 days and 23,476 GMX with 1 million USDC at an average price of $42.6 a month ago.