Market Maker Company Transfers This Altcoin to Cryptocurrency Exchange Binance

Bitcoinsistemi2024/08/10 21:15

By:Mete Demiralp

The cryptocurrency market maker company transferred a large amount of this altcoin to Binance. Here are all the details.

According to Onchain data, major market maker company Wintermute has made some interesting transactions in recent hours.

The data shows that the company transferred approximately 14 million Arbitrum (ARB) to cryptocurrency exchange Binance in the last 24 hours, worth around $7.93 million at the time of writing. Although the exact purpose of the transfer is not clear, transfers to centralized cryptocurrency exchanges generally have the purpose of selling.

When the data at the time of writing is evaluated, it is seen that Wintermute has a total of $125 million in cryptocurrency wallets. $24 million of these are held in stablecoins, while the rest of the company's portfolio is as follows:

Wrapped Bitcoin (WBTC) – $10.21 million
Pepe (PEPE) – $8.32 million
Wrapped Ethereum (WETH) – $7.80 million
Dai (DAI) – $5.71 million
BitMart (BMX) – $4.60 million
Optimism (OP) – $4.34 million
Neiro (NEIRO) – $3.91 million
Polyhedra Network (ZKJ) – $3.32 million
Arbitrum (ARB) – $2.52 million
Taiko (TKO) – $2.49 million

Another cryptocurrency company, Pantera Capital, transferred 1inch (1INCH) tokens to Binance in a transaction made today.

*This is not investment advice.

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