- Lookonchain names Arthur Hayes, the BitMex CEO, as the largest holder of GMX.
- The BitMex CEO once accumulated around 200,580 GMX tokens worth $5.72 million.
- Hayes’ GMX holding is currently worth $13.47M, reflecting a profit of close to $9M.
Loonkonchain, a blockchain analytics tool that grabs data from DEXs, has identified Arthur Hayes, the BitMex CEO, as the largest holder of GMX, the native crypto for the decentralized exchange under the same identity.
According to Lookonchain, Hayes accumulated 200,580 GMX tokens between March 3, to September 7, 2022. He paid 3,386 ETH for this purchase, equivalent to $5.72 million. The average buying price of each GMX token during this period was $28.5.
Source: https://coinedition.com/ceo-arthur-hayes-is-the-largest-individual-gmx-holder-lookonchain/