GMGN moves 11,999.5 ETH to Coinbase batch staking address
- —GMGN sent 11,999.5 ETH to a Coinbase batch staking address
- —The transfer was spotted six hours before the analyst's post
- —A week earlier GMGN deposited $16.38 million in ETH to an exchange
Why it matters: Moving a large ETH position into staking rather than selling may signal a shift in GMGN's treasury strategy.
Source: PANews