Is Wintermute Back In Action With $GALA After 4 Months? 🤫
After 4 months of inactivity, 4 hrs ago, the GALA project wallet sent 200K USDT and 65M GALA (~$1.6M) to wallet 0x625d7 (~ 0.2% Cir. Supply) 📌
———
Wallet 0x625d7 was created 9 months ago, with the first transaction being the GALA project transferring 150M GALA (~$2.29M) and continuously sending large amounts over 6 months (10/2023 - 3/2024).
After receiving these funds, wallet 0x625d7 always transfers them to the Wintermute wallet 0xdbf5 for direct distribution to CEXs (Binance, Kraken, etc.) or through intermediary wallets before reaching CEXs.
The current price of GALA is close to the price previously sent to Wintermute. Could this be a new price push contract?
———
On X, GALA also announced a partnership with Animoca Brands to provide market liquidity.
Share your thoughts with our team, what's happening this time?
