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Market maker Wintermute swallowed 35,000 SOL in five minutes, big moves are coming?
[Bitpush] Around 05:25 this morning, two significant SOL transfers appeared on-chain. First, 17,602 SOL (, worth approximately 2.39 million USD ), flowed out from a major exchange and headed straight to the market maker Wintermute's Wallet. Immediately after, Wintermute received a second deposit of 17,596.17 SOL.
In a short period, this market maker has continuously bought over 35,000 SOL. Are they hoarding or preparing to take some action? The market may soon provide an answer.