Analysis: Wintermute is a market maker for ORCA, and had withdrawn coins from CEX 12 hours before the coin listing announcement was released
Bitget2024/12/06 10:03
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
On December 6, crypto data analyst @ai_9684xtpa posted on social media that Wintermute is the market maker for ORCA, a new token listed on CEX. It started making markets for ORCA as early as December 2023 and currently holds tokens worth $4.2 million on-chain. Twelve hours before the coin listing announcement, this institution withdrew 125,000 ORCA from CEX (currently worth $830,000).
2
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
New York Late Money Rates from The Wall Street Journal
Dow Jones•2026/09/25 20:41
PayPal Holdings Inc. Stock Rises 4.6%, Outperforms Peers
Dow Jones•2026/09/25 20:33
Crypto prices
More
Bitcoin
BTC
$83,678.99
-0.78%
Ethereum
ETH
$2,678.76
-0.27%
Tether USDt
USDT
$0.9998
+0.02%
BNB
BNB
$773.58
-0.68%
XRP
XRP
$1.56
+1.48%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$121.17
+3.85%
TRON
TRX
$0.3377
-0.78%
Zcash
ZEC
$1,532.77
-0.68%
Hyperliquid
HYPE
$91.45
-1.86%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now