A savvy crypto trader deployed millions of dollars to manipulate the prices of avalanche’s AVAX tokens on GMX_IO. By shauryamalwa
A savvy crypto trader deployed millions of dollars to manipulate the prices of Avalanche’s AVAX tokens on the decentralized exchange GMX, taking profits of upwards of $500,000 by utilizing a strategy that exploited a basic loophole.
DEX allows users to trade spot and perpetual futures using its on-chain trading interface at low fees and has processed more than $45 billion in trading volume since its inception in 2021.
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