Wintermute has sold approximately $250,000 worth of ACT tokens through Raydium in the past half hour, in line with its founder's arbitrage trading speculation.

Blockbeats

04-01

BlockBeats News, April 1st, according to on-chain data, Wintermute sold approximately $250,000 worth of ACT tokens through Raydium in a high-frequency manner in just under half an hour, in line with its founder's arbitrage trading speculation, and the idea that "Wintermute responded only after significant price swings, arbitraging the AMM pool."

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