Binance launched the $BAN contract yesterday, triggering a sharp increase in its liquidity. Today, market watchers discovered GSR’s possible involvement in market-making for $BAN, based on notable wallet activities. Here’s a breakdown of the evidence supporting this observation: 1. GSR’s wallet (address: GNjGn…4iBW4, identified by Arkham) withdrew 1.5 million BAN tokens from Gate.io and MEXC approximately 20 hours ago, with a portion subsequently deposited into KuCoin. 2. Another wallet, G13si…zWCdu, transferred BAN worth $2.28 million to Gate.io just four hours ago. The required SOL for this transaction was supplied by GSR. GSR Markets 或为 Meme 代币 $BAN 做市商！🤓 数据佐证如下1️⃣ GSR
The post GSR’s Potential Market-Making Role In $BAN: A Game-Changer For Liquidity And Investor Confidence appeared first on The Merkle News.
