According to @CryptoCoinCoach, GMT is forming a falling wedge near a strong demand zone between 0.013 and 0.011, a pattern that often precedes a bullish reversal. According to @CryptoCoinCoach, a breakout could lead to upside continuation, while a breakdown below the demand zone would invalidate the setup.

According to The Data Nerd, a whale address 0x8b3 deposited 30 million GMT, valued at approximately $3.99 million, to Binance. The wallet still holds a substantial amount of 267.54 million GMT, approximately $35.64 million. Such large movements could impact GMT's market dynamics and liquidity on Binance.

According to EmberCN, Binance Labs has recently transferred 400,000 AXS tokens, valued at $3.72 million, to Binance. This follows a prior transfer of 30 million GMT tokens. Binance Labs is an investor in Axie Infinity and has received a total of 11.8 million AXS tokens through vesting unlocks. Of these, 10.8 million AXS tokens, with an average transfer price of $10.13, have been moved to Binance over the past four years, amounting to a total value of $109 million.

According to @ai_9684xtpa, a major accumulation address has distributed 215 million tokens to multiple addresses over the past few months. The largest recipient, address 0x730...2a1671, recently deposited 25.58 million GMT tokens worth $3.44 million into Binance after a four-month hiatus. This activity raises questions about potential price volatility for GMT.