GSR Markets’ $3.2M EDU Token Dump Signals Crash

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In the last 24 hours, GSR Markets, a leading crypto trading firm and liquidity provider, has deposited 5 million EDU tokens worth almost 3.2 million USD over Binance. The EDU token price has dropped by nearly 6% following the deposit. Currently, the GSR Markets continue to hold 820,000 EDU tokens, which are worth nearly $500,000. Amid the recent sell-off, the quick change in strategy of GSR Markets to the EDU towards the EDU token warns of a potential downtrend. Currently, the EDU token trades for $0.5972. With the higher price rejection yesterday, the token continues the bearish trend and is down 2.92% today.