While Wintermute held approximately 50M $ARB in March 2024, it currently only holds 3.6M $ARB .

Arbitrum March 2024 price: $2.11

Today's price: $0.70

Wintermute is one of the big market makers. Robinhood's second largest market maker.

It seems that VCs do not shy away from realizing profits. It should not be difficult since they are tokens that they obtain very cheaply.

“According to IntoTheBlock data, 97% of Arbitrum (#ARB) holders are at a loss. “