Summary of the MEME Coin Holdings of Five Major Cryptocurrency Market Makers: Wintermute's Large Bets Achieve High Success Rate for Binance Listings, Most Institutions Focus on Established Projects

This article summarizes the MEME coin holdings of five cryptocurrency market makers, collectively holding over $120 million in MEME coins, among which Wintermute is the institution with the largest holdings and the most popular projects covered, and several of its MEME coins successfully listed on Binance. Other institutions hold smaller amounts, primarily focusing on established MEME coins like PEPE and SHIB.

Written by: Nancy, PANews

With the continuous expansion of market size and the gradual maturation of operational models, MEME is gradually moving towards scale and institutional operation. Among them, the participation of some cryptocurrency market makers is also increasing, which will further promote the continuous enhancement of liquidity and stability in the MEME market.

This article by PANews summarizes the MEME coin holdings of five cryptocurrency market makers, including Wintermute, GSR Markets, Auros Global, B2C2 Group, and Cumberland DRW. These institutions collectively hold over $120 million in MEME coins, with Wintermute being the institution with the largest holdings and the most popular projects covered, and several of its MEME coins successfully listed on Binance, indicating its deep layout and influence in the MEME coin space. In contrast, other institutions hold smaller amounts, mainly focusing on established MEME coins like PEPE and SHIB, and have made large transfers or sell-offs on multiple platforms.

It is worth mentioning that the publicly disclosed address of DWF Labs, which previously made a high-profile layout in MEME, no longer holds any MEME projects, 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 for operating in the MEME market, with the operator of MyTrade pleading guilty and Gotbit's CEO being charged by the U.S. Department of Justice for allegedly orchestrating large-scale fraudulent trading.

Wintermute: Holdings exceed $110 million, with 68% of MEME coins successfully listed on Binance.

Arkham data shows that as of November 8, Wintermute holds 19 MEME coins worth over $1 million, with a total holding value exceeding $110 million. Among them, the top three projects by holding amount are MOODENG, GOAT, and PEPE, which together account for 40.9% of Wintermute's overall MEME holdings. Moreover, these MEME coins mostly come from Ethereum and Solana, and most are popular projects.

It is worth mentioning that among the 19 MEME coins held by Wintermute, 13 projects have successfully listed on Binance, accounting for as much as 68.4%, indicating that this institution has seemingly become a bellwether for MEME coin listings on Binance.

GSR Markets: Still holding over $5 million in NEIRO, multiple large transfers may be for providing liquidity.

Arkham data shows that as of November 8, GSR Markets holds over 48.51 million NEIRO (uppercase), accounting for 4.8% of the total supply of the token, worth over $5.08 million in NEIRO. Since October, GSR Markets has transferred over $99.13 million in NEIRO to the exchange Bybit in multiple transactions, but Spot On Chain monitoring suggests that this operation may be aimed at providing more liquidity rather than selling.

Auros Global: Holding approximately $330,000, frequently transferring NEIRO in the past month.

Arkham data shows that as of November 8, Auros Global mainly holds PEPE, NEIRO (in both cases), and SHIB, with a holding value of $330,000, of which PEPE alone is worth $197,000. Notably, since September 30, Auros Global has frequently transferred lowercase NEIRO to exchanges like Binance and Uniswap, with each transfer below $70,000.

B2C2 Group: Only holding SHIB valued at nearly $7 million.

Currently, B2C2 Group only holds large amounts of SHIB. Arkham data shows that as of November 8, B2C2 Group holds SHIB worth $6.89 million. Since this year, B2C2 Group has been transferring large amounts of SHIB to platforms like Coinbase and Robinhood, with individual transactions often amounting to several million dollars.

Cumberland DRW: Holdings near $230,000 in PEPE and SHIB, having sold off several million dollars in the past months.

Cumberland DRW also chooses to hold established MEME coins, but with a smaller allocation ratio. Arkham data shows that as of November 8, Cumberland DRW holds approximately $210,000 in PEPE and $18,000 in SHIB. In recent months, Cumberland DRW has successively transferred millions of dollars worth of PEPE and SHIB to platforms such as OKX, Robinhood, and FalconX.