114.99 BTC large transfer to market maker, over ten million USD on-chain transfer

【BiTi】On-chain data shows that at 20:18 Beijing time, 114.99 Bitcoins were transferred from a major exchange to Wintermute as a market maker, corresponding to approximately $10.34 million. This large transfer is traceable on the blockchain in real-time and reflects liquidity management movements between institutions and market makers.

BTC-0,65%
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GateUser-c802f0e8vip
· 10h ago
Wintermute is stocking up again; this pace seems a bit frequent.
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ForkMastervip
· 10h ago
Hmm... Wintermute is buying again? Looks like someone is about to start a betting agreement. This wave of institutional-level liquidity management is not simple.
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SmartContractPlumbervip
· 10h ago
$10.34 million transfer, what a scale... Wintermute is actively market making, it seems that the liquidity pressure on the institutional side is quite significant. --- Top exchanges withdrawing to market makers, this operational logic is very clear, it's just a lack of liquidity. --- 114.99 BTC, precise to the decimal point, indicates that this is not an arbitrary transfer; there are specific risk control and settlement needs behind it. --- Wintermute, this market maker... needs to pay attention to whether there are issues with contract permission settings, so as not to encounter re-entrancy vulnerabilities again. --- On-chain traceability is quite good, at least it’s much more transparent than the transfer black box of some projects. --- If the permission control is improper for a transfer of this scale, it could really become an attack vector. Wintermute previously suffered from this issue.
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NightAirdroppervip
· 10h ago
Is the market maker accumulating positions? Or are institutions distributing? It's truly terrifying upon closer inspection.
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MysteryBoxBustervip
· 10h ago
The rhythm of large sell-offs, market makers are also accumulating...
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CryptoPunstervip
· 10h ago
Uh... over 10 million USD just went into the market maker's pocket, and I'm still calculating my lunch money for today.
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