Wintermute deposited $98.68M in BTC to Binance across 8 transactions in 18 hours.
Macro & Markets ·
Wintermute deposited 1,279.99 BTC (approximately $98.68M) to Binance through eight transactions completed over an 18-hour period, with the most recent transfer of 90.1 BTC (~$6.97M) occurring roughly 30 minutes before reporting. The market-making firm has executed these movements in steady increments rather than as a single deposit.
The mechanics suggest a deliberate, staged approach to moving substantial liquidity. Whether the deposits represent positioning for upcoming trades, rebalancing across venues, or another operational need remains unclear from the transaction data alone. Wintermute's account activity can be monitored on chain analytics platforms.
It is not yet apparent whether additional transfers are planned or whether this sequence concludes the movement.