Brother Bao reviews the five major market makers of the popular $MEME :
The holdings of 5 crypto market makers in MEME coins, including Wintermute, GSR Markets, Auros Global, B2C2 Group, and Cumberland DRW. These institutions collectively hold MEME coins worth over 120 million dollars, with Wintermute being the largest in terms of holdings and covering the most popular projects. Multiple MEME coins held by them have successfully launched on Binance, indicating their deep layout and influence in the MEME coin field.
In contrast, other institutions have smaller holdings, mainly focusing on established MEME coins like PEPE and SHIB, with significant transfers or sales occurring on multiple platforms, except for upper and lower case NEIRO.
It is worth mentioning that DWF Labs, which previously made a high-profile layout in MEME, no longer holds any MEME projects in its public address, possibly related to increased U.S. regulatory scrutiny on MEME market makers.
In early October this year, several market makers, including Gotbit, ZM Quant, and CLS Global, were accused by multiple U.S. regulatory agencies of operating the MEME market, with the operator of MyTrade having pleaded guilty, and the CEO of Gotbit being charged by the U.S. Department of Justice for allegedly orchestrating a large-scale fraudulent trading scheme.
Wintermute: Holdings exceed 110 million dollars, 68% of MEME coins successfully launched on Binance.
GSR Markets: Still holds over 5 million dollars in NEIRO, with several large transfers possibly for providing liquidity, rather than selling!
Auros Global: Holdings valued at approximately 330,000 dollars, frequently transferring NEIRO in the past month, with an average amount per transaction below 70,000 dollars.
B2C2 Group: Only holds nearly 7 million dollars in SHIB.
Cumberland DRW: Holds nearly 230,000 dollars in PEPE and SHIB, having sold millions of dollars in the past few months!