GSR is one of the leading cryptocurrency companies specializing in market-making and liquidity provision. The company has been actively operating in the crypto market since 2013, offering trading and derivatives services for various projects and investors. The core of GSR’s activity lies in creating highly liquid markets for digital assets and ensuring stability in the volatile cryptocurrency environment
But today, we'll talk about how a client made $20,000 from GSR movements thanks to on-chain analysis. The client followed the GSR wallet from our selection. How to find these wallets is shown in the screenshot below
It all started when I noticed that the wallet of GSR, a major market maker, began making significant transfers of $RARE tokens. This caught my attention, as such actions typically indicate preparation for major market movements. According to public data, GSR transferred 13.3 million $RARE tokens to several leading exchanges, including Binance, Kraken, Gate, and Coinbase.