Analysis: Wintermute is the market maker for ORCA, having withdrawn from Coinbase 12 hours before the coin listing announcement

CoinVoice has recently learned that crypto data analyst @ai_9684xtpa posted on social media, stating that Wintermute is the market maker for Binance's newly listed token ORCA.

As early as December 2023, it began providing liquidity for ORCA, currently holding tokens worth $4.2 million on-chain. 12 hours before the coin listing announcement, the institution withdrew 125,000 ORCA (currently valued at $830,000) from Coinbase. [Original link]