Wintermute Supposed Address Buys $300K Worth of CAT, Unrealized Profit at $886K
CryptoNewsTerminal Staff25 May, 2024
Wintermute Supposed Address Buys $300K Worth of CAT, Unrealized Profit at $886K
Wintermute's supposed address recently purchased 37.86 million CAT (worth $300,000) using 1,800 SOL four hours ago, according to Lookonchain. The unrealized profit from this transaction is $886,000. CAT is the native token of the Crypto Airdrop Token project, which aims to provide a decentralized and transparent airdrop platform. SOL is the native token of the Solana blockchain, which is known for its high speed and low transaction fees. Wintermute is a cryptocurrency market maker and liquidity provider. The firm has been active in the cryptocurrency market since 2017 and has a strong track record of profitability. The purchase of CAT by Wintermute's supposed address is a sign of the growing interest in the Crypto Airdrop Token project. The project has a strong community and a clear roadmap, which makes it an attractive investment for cryptocurrency investors.
