According to data tracked by the on-chain analysis tool Scopescan, the veteran cryptocurrency market maker GSR sent 9.5 million U.S. dollar stable coins USDT to multiple centralized exchanges earlier today (5th), suspected to be preparing for bargain hunting.
.@GSR_io just sent 9.5M $USDT to multiple CEX deposit.To buy the dip ? Moneyflow:https://t.co/gCBFrR3U1Thttps://t.co/TWfsFiaeT5 pic.twitter.com/kCVYrTsDtB
— Scopescan (@0xScopescan) August 5, 2024
Scopescan also analyzed the current largest positions of several market makers:
Wintermute：USDT、USDC、ETH
GSR:GALA、USDT、KARRAT
Jump Crypto：USDC、USDT、ETH
Flow Traders：BTC、MKR、AAVE
Related articles: "Nearly a year after the collapse of FTX, how have various cryptocurrency market makers responded to market changes? 》
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