According to on-chain analyst Ember, a whale/institution transferred the last 120,800 GMX ($3.63 million) in the address to Binance in the past 15 minutes, and the GMX price was smashed again ($30 to $28.5). The whale/institution today transferred a total of 388,000 GMX ($12.13 million) to Binance for sale, generating a loss of $5.82 million.