GPS surges over 50%, OKX Ventures transfers 48.61 million tokens to Binance

Odaily News According to on-chain analyst Yu Jin's monitoring, after the GPS token surged over 50% today, OKX Ventures transferred 48.611 million GPS, worth approximately $750,000, to Binance about 1 hour ago. Yu Jin stated: "OKX Ventures is an investor in GPS, and these tokens came from the unlock and vesting of their investment. As for why OKX's tokens are being sold on Binance, it's because OKX does not offer spot trading for this token."