GSR Market transferred 75,000 UMA to CEX after receiving them from the UMA wallet
According to on-chain analyst ai_9684xtpa from X platform, it is suspected that market maker GSR Market received 75,000 UMA (worth about $430,000) from the UMA wallet and then transferred it to CEX. Since June 8, 2023, the UMA project team has transferred a total of 173,000 UMA (worth $920,000) to GSR Market, all of which have now been transferred to exchanges.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,998, the cumulative long liquidation intensity on major CEXs will reach $1.376 billions
Data: If BTC breaks $96,913, the total short liquidation intensity on major CEXs will reach $1.952 billions.
Traders hedge the risk of multiple Fed rate cuts through mid-2026 using SOFR options