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GSR Withdraws $1.11M in ARKM From Binance and OKX

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By on October 7, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post GSR Withdraws $1.11M in ARKM From Binance and OKX appeared first on Coinpedia Fintech News

Amid the broader market recovery, the GSR firm withdraws 730,000 ARKM tokens. The value of the withdrawal stands at nearly $1.11 million over Binance and OKEx exchanges. Within an hour, along with the massive withdrawal, the GSR pulled 8.9 million USDT from Binance. Amid the recent withdrawals, GSR has left a holding of 2.82 million ARKM tokens worth $4.29 million, along with the 9.31 million USDT tokens. While the recent withdrawals come as a potential strategic shift in the market position, they also warn of minor liquidity adjustments.

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