There was quite an interesting on-chain action at 05:39 this morning.



A transaction of 148.2 WBTC (worth about 5.08 million dollars) was first moved from the anonymous wallet 0xCa3a... to the intermediary address 0x2639..., and then this address directly sent 38.2 WBTC into Wintermute's pocket.

Who is Wintermute? A well-known market maker in the industry. Their on-chain operations of this scale are often not just a casual play - they may be adding depth to a trading pair, reallocating the tokens in their hands, or even preparing for upcoming market fluctuations.

Where did the remaining 110 coins go? Will they gradually flow into exchanges or other institutions? This subsequent trend can be monitored; maybe we can sniff out some signals.

Anyway, with large funds moving, the market structure will change to some extent.
WBTC-1,4%
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SatoshiLeftOnRead
· 2025-11-25 01:18
It's another one of those mysterious operations in the middle of the night; Wintermute has been making moves lately.
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RektHunter
· 2025-11-24 08:35
Is this bunch at Wintermute hoarding again? Feels like they've been stockpiling for so long and are still waiting for an opportunity.
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just_another_wallet
· 2025-11-22 23:33
110 BTC are unaccounted for, that's the key, it feels like something is about to happen.
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AlgoAlchemist
· 2025-11-22 01:47
Here we go again, the whales started making moves just after 5 a.m. I knew it wouldn't stay this quiet.
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RebaseVictim
· 2025-11-22 01:46
Damn, is Wintermute up to something again? They threw the money in so fast, that's really something.
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SellLowExpert
· 2025-11-22 01:45
Wow, Wintermute is causing trouble again. These market makers really can't resist the temptation.
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airdrop_whisperer
· 2025-11-22 01:44
Wintermute is lurking again, these market makers love to operate in such a mysterious way. It feels like there must be some small moves coming up.
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GhostChainLoyalist
· 2025-11-22 01:40
Another move by Wintermute. These market makers just love to play this game. It looks like they're about to dump the price.
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