Wintermute just moved ~$7.4M in $ETH to Binance and OKX in about 15 minutes.
Unwrapped its WETH, split it across different chains, then sent it in:
3,327 $ETH ($6.36M) to Binance
549 ETH ($1.05M) to OKX
It pulled 1,138 ETH back from Binance, so net it's ~$5.2M in.
ETH is sitting at ~$1,910, down from ~$2,400 a week ago.
Market makers move like this all the time. But this much ETH hitting exchanges at these levels is worth watching
#ETHUSDT
Unwrapped its WETH, split it across different chains, then sent it in:
3,327 $ETH ($6.36M) to Binance
549 ETH ($1.05M) to OKX
It pulled 1,138 ETH back from Binance, so net it's ~$5.2M in.
ETH is sitting at ~$1,910, down from ~$2,400 a week ago.
Market makers move like this all the time. But this much ETH hitting exchanges at these levels is worth watching
#ETHUSDT
