GSR Markets likely further withdrew 33.73M NEIROETH ($2.85M) from Bybit

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Oct 21, 15:17

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GSR Markets likely further withdrew 33.73M NEIROETH ($2.85M) from Bybit

Outflow

Related addresses

GSR Markets (likely) 0x56F

Total tokens transferred

33.730M

NEIROETH

Related transactions

Bybit

GSR Markets (likely) 0x56F

Oct 21, 15:17

Wallet 0x56f (likely GSR Markets) just further withdrew 33.73M NEIROETH ($2.85M) from Bybit:

transaction: 0x02c7d9d80ab39bafdf3a9908d07dcca42e133eae479efdb594ed662bc7bfe151
address: 0x56f9f854e3b22307ad9fc6f57c57f302c519fbc5

Overall, the market maker has withdrawn 74.13M NEIROETH, or 7.41% of the total supply, from Bybit at an average price of $0.084 (estimated cost: $6.2M) over the last 13 days.

The NEIROETH price dropped 27.45% in the past 7 days, which might have prompted GSR Markets to accumulate more tokens.

Fig 1. The overall NEIROETH accumulating history of the wallet 0x56f (likely GSR Markets).

#gsr markets

#withdraw

#neiroeth

#neiro on ethereum

#bybit

#massive

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Wallet 0x56f (likely GSR Markets) further withdrew 33.73M NEIROETH ($2.85M) from Bybit

Last synced: Oct 22, 01:40

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2024 Oct 25 - 19:42

GSR Markets completed moving all 74.13M NEIROETH back to Bybit

Wallet 0x56f (likely GSR Markets) deposited the last 39.13M NEIROETH ($2.73M) to Bybit. Overall, this wallet deposited all 74.13M NEIROETH (7.41% of supply) back to Bybit at $0.075 on average ($5.53M) in the last 7 hours, mostly likely to provide more liquidity rather than to sell.

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