Giant market maker Wintermute moved millions of dollars in line with the rise in Bitcoin (BTC).
Wintermute could not remain unresponsive to the rise in the cryptocurrency market and transferred millions of dollars to the stock market. According to data transmitted by the on-chain analysis platform Lookonchain 9 February 119 from the giant market maker, stablecoin issuer First Digital Labs, which took action on the day million FDUSD took them and transferred them to the cryptocurrency exchange to Binance transferred.
This move of the market maker, preparation before purchasing interpreted as transfer. However, this step, which came in parallel with the increases in prices, was welcomed by the cryptocurrency community. positive was welcomed.
Wintermute triggered significant price increases on projects with its altcoin investments in the past period.
According to CoinGecko data, in the last 24 hours 7% Bitcoin, which is on the rise, at the time of writing from $47,600 is being traded.