GSR Market Deposits 300,000 LINK to Binance
CryptoNewsTerminal Staff02 Jul, 2024
GSR Market Deposits 300,000 LINK to Binance
On-chain analyst The Data Nerd reported that an address believed to belong to crypto market maker GSR Market (beginning with 0x4E2) received 300,000 LINK from a specific multi-sig address 14 hours ago and subsequently deposited the entire amount to Binance. This substantial transaction implies that GSR Market may be preparing for a potential increase in LINK trading activity or positioning itself to take advantage of market movements.