The GMX project team sold 10,000 ETH 7 hours ago and exchanged it for 29,597,000 USDT, or used it to refund users

2025-07-12 08:42:12

ChainCatcher news, according to Ember monitoring, after the GMX hacker returned 10,000 ETH (approximately 30 million USD) to the GMX project team yesterday, the GMX project team sold 10,000 ETH 7 hours ago for 29,597,000 USDT, with an average selling price of 2,959 USD. It should be converted into stablecoins for the next step of asset return to users.

source

warnning

Risk warning

Related tags

GMX ETH USDT on-chain tracking hacker

Related reading

Data: Ethereum spot ETF had a net inflow of 102 million USD yesterday, continuing a 10-day net inflow

2026-08-29 12:05

Data: Machi closed part of the positions with a loss of 1.96 million USD, holding over 100 million USD in long ETH positions

2026-08-29 10:21

Data: The current whale position on the Hyperliquid platform is $6.945 billion, with a long-short position ratio of 0.9

2026-08-29 10:00

Data: In the past 24 hours, the total liquidation across the network was 452 million USD, with long positions liquidated at 360 million USD and short positions liquidated at 91.9883 million USD

2026-08-29 09:30

Related tags

GMX ETH USDT on-chain tracking hacker

app_icon

ChainCatcher Building the Web3 world with innovations.