Blockchain tracker Lookonchain finds that a trader using the decentralized exchange (DEX) GMX made more than $1 million by accurately predicting Ethereum’s (ETH) price action over the past several weeks. Lookonchain notes the trader shorted ETH on July 14th, when it was trading near a recent high at around $2,000, and then the trader closed The post GMX Trader Makes Over $1 Million Shorting and Then Longing Ethereum During Crypto Market Crash: On-Chain Data appeared first on The Daily Hodl .
