GSR Markets deposited 5 million EDU tokens worth $3.2 million on Binance, causing a nearly 6% price drop. They still hold 820,000 EDU tokens valued at $500,000.
Open Campus's EDU Token, aimed at transforming the education sector, has experienced a 31.57% increase over the last day, with its price at $0.952317. It boasts a market cap of $278 million and a volume of $146 million, circulating 292 million coins out of a 1 billion max supply.
Animoca Brands plans to buy more EDU tokens from the open market, signifying its support for Open Campus's Web3 education protocol. Binance backs the project, and the investment news has caused a surge in the token's price.