Just now, the GMX on Binance pumped 100% and dumped in short interval again. Fun Fact, right before the GMX started to move, there’s large quantity fi
Main Idea
GMX on Binance experienced a rapid 100% price surge and subsequent dump, preceded by large GMX-USD perpetual contract fills on Hyperliquid exchange.
Key Points
1. GMX's price on Binance surged by 100% and then dumped quickly in a short interval.
2. Before the price movement, a large quantity of GMX-USD perpetual contracts ($800k worth) were filled on Hyperliquid exchange between 20:12:46 and 20:13:45 UTC.
3. The price surge on Binance began at 20:14:41 UTC, shortly after the large fills on Hyperliquid.
Description
Just now, the GMX on Binance pumped 100% and dumped in short interval again. Fun Fact, right before the GMX started to move, there’s large quantity fill on GMX-USD perp
Latest News
- Bitcoin Dominance Declines to 52% as Ethereum and Altcoins Show Potential for Growth2025-08-09 23:09:14
- Ethereum Experiences Increased Buyer Activity and Accumulation Amid Growing Market Confidence2025-08-09 23:08:57
- Dogecoin’s Trendline Breakout Suggests Potential for Price Movement Toward $0.25–$0.29 Amid Increased Whale Activity2025-08-09 22:56:40
- Solana ($SOL) Eyes Potential Move to $187 Amid Bullish Breakout and Rising Trading Volumes2025-08-09 22:22:25
- Bo Hines Steps Down from White House Crypto Council, Future of Bitcoin Reserve Strategies Remains Uncertain2025-08-09 21:56:41