CandleFocus

Wintermute’s Hidden Hand in SLERF’s Price Action

Wintermute, a cryptocurrency trading firm, has drawn attention due to its recent trading activity on the Solana blockchain. An analysis of a Wintermute-linked portfolio shows a balance of $13.9 million, with a recent decrease of $398,840. The portfolio includes various tokens such as Wrapped SOL (WSOL), USDC, MOODENG, USDT, and POPCAT. WSOL holdings have decreased by $98.19K, but it remains a significant asset in the portfolio. USDC and USDT, stablecoins, have maintained their values. MOODENG has shown positive momentum with a $228,860 increase, while POPCAT has seen a decline of $99.55K. These changes raise questions about Wintermute's strategies and their impact on related tokens.

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