The GMX project party sold 10,000 ETH for 29,597,000 USDT about 7 hours ago.
PANews reported on July 12 that, according to on-chain analyst Yu Jin's monitoring, the GMX Hacker yesterday transferred assets to the GMX project party, including 10.495 million FRAX and 10,000 ETH (30 million USD). Seven hours ago, the GMX project party sold 10,000 ETH for 29.597 million USDT, at a selling price of 2,959 USD. The conversion to stablecoins is expected to be preparation for returning assets to users.