<ul data-eligibleForWebStory="false"><li>GMX token falls below $12 due to exploit in GLP pool, triggering panic selloff.</li><li>Technical analysis shows key support levels breaking, signaling deepening bearish momentum for GMX.</li><li>GLP minting suspended after $40M hack, leading to negative sentiment surrounding the crypto.</li><li>GMX experiences selloff, dropping to $11.67, confirming strong bearish trend. Further downside risks indicated by technical indicators.</li></ul>

GMX Below $12 As GLP Pool Is Exploited For $40M

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