GMX DAO IS STACKING
$GMX AGAINST THE TAPE 🚨
GMX DAO repurchased 18,500
$GMX over the last 6 days for roughly $120,000, averaging $6.49. Since March 5, the DAO has accumulated 48,280 tokens worth about $320,000 at an average of $6.63, signaling sustained internal confidence amid volatility. Treasury-led accumulation can tighten supply and sharpen sentiment if a larger catalyst follows.
Track liquidity at the $6.49 to $6.63 zone. Let the market prove demand with real bid support and expanding volume before you chase. If buybacks keep hitting the tape, expect weak hands to be flushed and momentum to accelerate fast.
I like this because treasury buybacks during volatility are rarely passive. They usually signal conviction, defend price, and quietly reduce available supply. If the buyback pace continues,
$GMX can reprice hard once attention returns.
Not financial advice. Manage your risk.
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