PANews reported on October 26 that according to Spot On Chain monitoring, GSR Markets deposited 7.41% of the total supply of NEIRO back to Bybit in the past 14 hours. It is worth noting that GSR Markets withdrew 74.13 million NEIRO from Bybit at an average of $0.084 (estimated cost: $6.2 million) between October 8 and 21. However, this move is likely to provide more liquidity rather than selling. If this is a real sale at an average price of $0.075 ($5.53 million), it would result in a loss of $669,000 (-10.8%) after just 18 days.
GSR Markets deposited 7.41% of the total NEIRO supply back to Bybit in the past 14 hours
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