A position on a certain address on GMX v1 was liquidated, generating over 13 million US dollars in fees, 30% of which will be used to repurchase GMX
Odaily Planet Daily reports that according to Sigma Squared monitoring, an old Bitcoin position was liquidated on GMX v1, generating over 13 million dollars in fees (borrowing costs). 30% of the collected fees will be used to repurchase GMX.
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
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange