$WLD The 25 million tokens that were agreed to be returned on the 24th have finally been repaid today. I took a rough look at the repayment status of these market makers. Some seem to be quite honest, while others have such outrageous operations that I am stunned!
First, let's take a look at a table to summarize the market maker's currency holdings. This time, the market maker address also includes the exclusive exchange deposit and withdrawal account address in the calculation, so the balance estimate will be more accurate.
Not to mention the market makers whose account address balances have not changed much, for example, Wintermute and Amber Group repaid a total of 21 million tokens yesterday, but today's 4 million tokens were repaid directly from the Binance exchange, most likely from Flow Traders and GSR Markets.
The logic of Flow Traders is relatively easy to understand. You deposit money into your own Binance exchange deposit account, then transfer it to the exchange, and finally repay the money from the exchange.
GSR's operation is really outrageous. The money was transferred back and forth between the exchange account and its own wallet. I was stunned... It really looks like money laundering... The WLD tokens were also dispersed in several exchanges, such as Gate, Bybit, and Kucoin. Is this preparing to make a market seriously?
WLD is a really crazy coin...
