Wintermute Linked Address Deposits $2.15M in $ARB to Binance
CryptoNewsTerminal Staff20 Aug, 2024
Wintermute Linked Address Deposits $2.15M in $ARB to Binance
On-chain data analysis has revealed that an address associated with the crypto market maker Wintermute transferred 4 million $ARB (approximately $2.15 million) to Binance 13 hours ago. Following this, another transaction was conducted, where 5.57 million $ARB (equivalent to $2.96 million) was moved to a hot wallet. In a separate incident, a different address connected to the Arbitrum team transferred 2.05 million $ARB (roughly $1.1 million) to Coinbase 10 hours ago. These transactions suggest potential trading activities or asset management by these entities. ```
