According to BlockBeats, GSR deposited 5 million EDU (approximately $3.2 million) into Binance just 22 hours ago, as reported by monitoring service The Data Nerd.

Since this deposit, the value of EDU has declined by 6%, significantly impacting GSR’s holdings. Currently, GSR holds only 820,000 EDU, valued at about $494,000.

This transaction highlights the volatility in the crypto market, as large deposits can influence asset prices and investor sentiment. Traders will be watching closely to see how EDU performs in the coming hours.

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