Giant market maker Wintermute and an anonymous whale attracted attention with their multi-million dollar Arkham (ARKM) transaction.
According to data provided by on-chain analysis platform Etherscan, market maker Wintermute, 5 October Millions of ARKM transfers were made daily. According to data TSI 12.45 The market maker taking action in the waters is approximately $1.9 million worth 5 million ARKMs cryptocurrency exchange to Binance transferred. Market experts interpreted this transfer as a pre-sale preparation.
With this transfer, Wintermute has increased its total sales in the last 2 days. $2.54 million worth 6.65 million ARKM It was transferred to Binance.
Currently held by market maker Wintermute $1.2 million worth 3 million 250 thousand There is ARKM.
On the other hand, reported by on-chain analysis platform Lookonchain to data According to the wallet identified as Arkham Ecosystem Fund approx. $10 million worth 25 million ARKM He attracted attention by transferring it to an anonymous wallet.
Then this wallet will hold 20 ARKM for trial purposes. Binance sent it to their wallets. transferred 25 million ARKM total supply to 2.5% It corresponds.
ARKM dropped 15%
According to CoinGecko data, these transfers triggered serious volatility on the price. Daily candle opening from $0.402 made by ARKM, first 10% rising to $0.440 next 15% down to $0.376 declined. While writing ARKM from $0.384 is being traded.