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

Jul 12, 2025 08:38:45

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.

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