Wintermute Transfers $57 Million in Solana and Bitcoin to Exchanges, Fueling Sale Speculation

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World crypto market maker Wintermute transferred practically $60 million value of Bitcoin and Solana to centralized exchanges.

Odaily reported on Aug. 23 that Wintermute deposited about 169.5 Bitcoin to Binance, value about $13.1 million at present costs.

Wintermute additionally transferred about 129,500 Solana to Binance the identical day. The tokens have been value about $12.4 million.

One other 407.5 Bitcoin was deposited to Coinbase by way of a separate middleman pockets. That quantity was valued at about $31.4 million.

The whole worth of the cryptocurrency Wintermute moved to Binance and Coinbase on Aug. 23 reached about $57 million. Onchain Lens stated belongings moved to exchanges could also be used for promoting.