Wintermute transferred 2.303 million TAI to CEX in the past 13 hours, possibly to provide liquidity
Wintermute, a market maker, has started transferring TAI tokens to CEX for liquidity purposes, after receiving 3.3% of TAI's circulation supply yesterday, as monitored by Spot On Chain. In the past 13 hours, 2.303 million TAI tokens (worth $349,000) have been deposited into CEX, while 15.6 million TAI tokens (worth $2.39 million) remain in the market maker's wallet.
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.
You may also like
Ethereum Whales Accumulate Over 330.000 ETH Amid Market Uncertainty
Tether posts record $13 billion profit in 2024, boosts reserves
Ethereum Could Surpass All-Time High in March on High Institutional Demand
Ripple Expands RLUSD Liquidity with New XRP Ledger Functionality