On August 24, according to monitoring by Onchain Lens, Wintermute transferred 1,279.99 BTC to Binance through 8 transactions in the past 18 hours, valued at approximately $98.68 million. The latest transfer was 90.1 BTC, worth about $6.97 million. Previous data indicated that Wintermute has been consistently transferring BTC to trading platforms, with a total of 3,834.3 BTC transferred to Binance this week, valued at around $256.8 million. Large deposits on trading platforms are often viewed by the market as potential selling pressure signals; however, for market makers like Wintermute, these transfers may also be used for liquidity management, market making, and cross-platform trading, and it is not possible to confirm actual selling behavior solely based on on-chain transfers.
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Wintermute Transfers 1,279.99 BTC to Binance, Valued at Approximately $98.9 Million
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