HOW MM IS ACTING IN THE CONTEXT OF THE ELECTION RESULTS NEAR THE ANNOUNCEMENT DAY 🎮🎮🎮
- Jump Trading has disbursed a small amount of stablecoin to exchanges like Binance, Coinbase within 1 week, currently in the main wallet holding 150M USD stablecoin, still not really warmed up with the market.
- Wintermute has been more active than Jump Trading at the same time, disbursing a much larger amount of stablecoin than Jump, currently in the main wallet there is only more than 20M stablecoin.
- GSR Market also followed the top 2 MMs above when disbursing more than 20M USD stablecoin to Binance and Coinbase, currently the main wallet still holds about 28M USDT.
- B2C2 Group has not had much activity in the past month, currently holding 28M USDT in its wallet.
- Tether has not started disbursing after minting 1 billion USDT a few days ago, and is still holding 3 billion USDT in its wallet. When Tether transfers that pile of USDT to the exchange, the altcoin will start running healthily.