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Market Maker Bought This Altcoin Listed on Binance, The Price Increased!

source-logo  en.bitcoinsistemi.com 11 October 2023 14:43, UTC
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Investment firm GSR Markets, a leading market maker, has purchased large amounts of Worldcoin ($WLD) from various exchanges.

According to the post of Blockchain data analysis platform Spot on Chain, GSR Markets received 675,000 $WLD tokens from Bybit and Gate.io exchanges during the day.

With this latest purchase, GSR Markets' total $WLD received in the last seven days reached 1.697 million $WLD ($2.57 million).

“GSR Markets received 675 thousand $WLD ($1.05 million) on the Bybit and Gate.io exchanges.

The market maker has been actively accumulating $WLD from exchanges lately and has sold a total of 1.697 million $WLD in the last 7 days.

GSR Markets currently holds 10.368 million $WLD ($16.07 million), making GSR Markets one of the largest holders of $WLD tokens in the market.”

🚨 GSR Markets just accumulated 675K $WLD ($1.05M) from #Bybit and #Gate.io 15 mins ago.

The market maker has been actively accumulating $WLD from exchanges lately, totaling 1.697M $WLD ($2.57M) over the past 7 days.

Currently, @GSR_io Markets holds 10.368M $WLD ($16.07M),… pic.twitter.com/RGQz3cDWLl

— Spot On Chain (@spotonchain) October 11, 2023

With this news, $WLD increased by approximately 6% and rose to $1.64. $WLD, which gave back some of its gains, is trading at $1.6 at the time of writing.

*This is not investment advice.

en.bitcoinsistemi.com