All opinions Top Picks Most Discussed Crypto Premium Traders API
watch
GMX

GMX USDT Trading Surge Signals Caution

The trading activity for GMX USDT has experienced a significant surge, with volume reaching 37 times the usual amount, amounting to 109.22K USDT in just five minutes. Despite this substantial increase in trading volume, the selling volume is slightly higher at 63.65K USDT. The current 24-hour trading volume on Binance stands at 845.72K USDT, and the price has increased by 2.0% over the past day to $13.60. The boost score indicates minimal enthusiasm for this spike, rated at 1 out of 10.
Source available for registered users Sign Up Free

AI Analysis

The recent spike in trading volume for GMX USDT, being 37 times the average, suggests a momentary burst of trader interest or possibly a coordinated activity. Such extreme volume increases often occur...

AI Recommendation

Given the extraordinary volume spike with a modest increase in price and a low boost score, it is prudent to approach this situation with caution. Traders might consider waiting for a clear confirmati...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

strong buy
GMX

Binance GMXUSDT Pair Displays Abnormal Buy Surge

Significant buy activity on Binance's GMXUSDT pair indicates strong investor interest, with over $1.7 million traded in seconds and a notable price increase. Learn more about this market movement and what it suggests for GMX.
Read full + analytics
sell
GMX

GMX Slips with Persistent Declines Amid Moderate Market Activity

An analysis of GMX cryptocurrency reveals ongoing negative price movements over multiple timeframes, reflecting short-term bearish sentiment despite active trading volume. Read more for insights and future outlook.
Read full + analytics
sell
GMX

GMX Price Dips Significantly from All-Time High

Learn about GMX's current price trend, recent declines, and market metrics, highlighting its significant drop from the all-time high and recent trading activity.
Read full + analytics
sell
GMX

GMX Cryptocurrency Facing Short-Term Decline

GMX cryptocurrency has experienced a slight decline in recent hours and days, with notable drops in the last 24 hours and weekly trend, highlighting a cautious outlook for traders and investors.
Read full + analytics
weak buy
GMX

GMX Shows Signs of Volatility After 85% Drop from ATH

Analyze GMX's recent market trend, a significant 85% drop from its ATH, and assess its potential for traders looking to leverage in a volatile environment, considering current prices and volume.
Read full + analytics
watch
GMX

GMX Project Converts ETH to USDT Amid Hack Recovery Efforts

GMX team liquidates 10,000 ETH to USDT amidst asset recovery from a hack, signaling strategic move towards stabilizing assets for user refunds.
Read full + analytics
strong buy
GMX

Final Hours Alert: Secure Your Edge Before Season 10 Ends!

Countdown to Season 10 finale emphasizes the importance of timely participation. Early action could lead to substantial gains with the upcoming LP-Bonds and new phase. Don't miss this last chance to lock in your advantage in the evolving crypto landscape.
Read full + analytics
strong buy
GMX

GMX Hack Results in $40 Million Theft Using Embedded Bug

GMX experienced a major security breach where $40 million was stolen by exploiting an embedded bug, despite most funds being recovered and the hacker receiving a bonus and immunity.
Read full + analytics
watch
GMX

Potential GMX Rebuy Before Price Recovery Could Be Humorous

Analyzing the possibility of GMX being bought back before its expected price rebound, highlighting strategic investment moves.
Read full + analytics
strong buy
GMX

GMX Hacker Returns $37.5M and Keeps $5M ETH as Bounty

The GMX hacker has reimbursed $37.5 million and kept $5 million in ETH as a bounty, highlighting unique cybersecurity dynamics in DeFi.
Read full + analytics