FTX and Alameda-linked wallets transferred up to $75M in ETH to Wintermute, according to onchain analysis.
Security & Exploits ·
Wallets associated with FTX and Alameda transferred up to $75 million in ether to Wintermute, according to onchain analysis. Wintermute is a London-based algorithmic trading firm and market maker that provides liquidity across centralized exchanges, decentralized protocols, and over-the-counter venues. The firm operates across dozens of trading platforms and has historically commanded significant market share in spot crypto trading.
The transfer comes amid ongoing developments related to FTX and its affiliated entities. Wintermute's role as a core liquidity provider across the crypto ecosystem means such flows could have implications for market structure and price discovery across multiple trading venues where the firm operates.
The exact timing, purpose, and current status of these funds remain unclear from available onchain data. It is not specified whether the transfer represents a new movement or historical activity, nor has there been public confirmation from either party regarding the transaction's intent or outcome.