Wintermute stops selling and starts stockpiling? Mubarak hits 1B!
An hour ago, Wintermute withdrew from both gate and the on-chain market-making address the mubarak
0xDBF5E9c5206d0dB70a90108bf936DA60221dC080
Compared to the crazy market-making from a few days ago, the new address has not made a single sale, suggesting a significant stockpiling in preparation for listing on Binance?
Tracking the market-making address on the chain, the average acquisition price in winter is in the range of 0.13-0.16, which is the undervalued range for market makers.
The market makers have already shown you their cards, what else are you worried about?
https://intel.arkm.com/explorer/tx/0xfe6f4c514682666fd606437d9e551d03a5bf5267b585c0f73830dafe99c8879e