Binance： A GPS market maker only sold and did not buy within 21 hours, selling 70 million GPS and earning 5 million US dollars

BlockBeats News: On March 7th, according to Binance's announcement, the recent abnormal GPS prices were directly caused by a certain market maker. Market makers sold approximately 70 million GPS units between 13:00 UTC on March 4, 2025 and 9:55 UTC on March 5, 2025. During the aforementioned period, the market maker did not place any orders. After the start of spot trading, the market maker continued to sell tokens and became the biggest beneficiary, earning approximately $5 million. While Binance is conducting a thorough investigation into this matter, the account of the market maker has been temporarily frozen.