PANews reported on March 21 that according to @ai_9684xtpa monitoring, the $ORCA deployment address transferred tokens worth $9.62 million to Wintermute one hour ago, and some of them have been recharged to exchanges such as Coinbase, Binance, KuCoin, and Kraken. Currently, Wintermute still holds 2.2 million ORCA (about $7.5 million).
Since the first deposit to the exchange at 22:18, the price of ORCA has fallen from $3.642 to $3.39 (a drop of 7%). In addition, Wintermute interacted with ORCA as early as December 2024, and it seems that this is not the first time that it has participated in its market liquidity management.
