Compartir este artículo
Trader Who Predicted Luna's Downfall Now Holds 450K MOON Tokens
The pseudonymous GCR likely bought 450,000 of the coins at an average price of 40 cents-45 cents, Loch Research's Prithvi Jhaveri said.
Pseudonymous trader GCR, who made a $10 million bearish bet against Terra's LUNA cryptocurrency in early 2022, is holding large amounts of Reddit's community token Moons (MOON), an on-chain expert said, confirming claims made by a trending Reddit post.
The post by Reddit user Nutcase420 in r/CryptoCurrency subReddit alleges that GCR bought 450,000 MOON tokens from the MEXC exchange, and 24 hours ago, transferred the same to the cryptocurrency exchange Kraken via Arbitrum Nova. Moons is an ERC-20 token distributed as a reward for comments or posts in the r/CryptoCurrency subreddit channel.
STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines
The post cites a tweet, which says the Kraken deposit address — 0x5D1177F01f6607628b78fB29C73C8de751B28839 — is associated with GCR because it has previously received large amounts of ether (ETH) from GCR's Ethereum name service domain @GiganticRebirth: Ezekielx.eth.
We know 0x5D1177F01f6607628b78fB29C73C8de751B28839 is his Kraken Deposit because he sent millions in ETH to it from his ezekielx.eth address pic.twitter.com/ipDa0W51ma
— ray tio (@nahnah64) August 8, 2023
CoinDesk reached out to GCR on Twitter, but didn't hear back.
Meanwhile, Prithvi Jhaveri, co-founder and CEO of Loch Research, confirmed the speculation.
"After conducting a bit of on-chain analysis, we were able to confirm that this Kraken address is associated with GCR. He sent millions of ETH to it from an ENS that’s confirmed to be his Ezekielx.eth. He bought 450k MOON at an average price of 40 cents-45 cents," Jhaveri told CoinDesk, adding that it is unclear when GCR acquired MOON tokens.
Social media is hailing GCR's supposed MOON holdings as a bullish catalyst for the token. "Well this was some unexpected awesome news. The positive Moons headlines keep happening, don’t know how much more I can take. What’s next, Moons on Coinbase?," one member commented on the GCR post in the r/CryptoCurrency subreddit.
MOON surged over 50% early this week after Kraken listed the token.
Early last year, GCR shorted Terra's LUNA token for $10 million, betting against Terraform Labs CEO Do Kwon that the cryptocurrency would trade lower than $88 by March 2023. LUNA crashed in May 2022 along with Terra's algorithmic stablecoin UST, destroying billions in investor wealth.
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
XRP Underperforms Market as Sudden Bitcoin Surge Forces $387M of Liquidations
XRP's technical outlook remains uncertain, with support at $2.05 and resistance at $2.17, as traders watch for volume expansion
Lo que debes saber:
- XRP posts gains but underperforms compared to the broader digital asset surge, with below-average trading volume raising questions about the move's strength.
- Bitcoin's rise above $94,000 triggered a broad market rebound, leading to significant liquidations and reshuffling of positions.
- XRP's technical outlook remains uncertain, with support at $2.05 and resistance at $2.17, as traders watch for volume expansion to confirm momentum alignment.
Top Stories
