Market Maker Wintermute Buys More Than $3 Million of PONS Tokens
Uk Jin
Summary
- Wintermute, a global digital-asset market maker, has been accumulating large amounts of PONS tokens.
- Wintermute has been buying PONS in small batches through Uniswap, bringing its current holdings to more than $3 million.
- Arkham said Wintermute is buying PONS, suggesting it may have taken on market-making for the token.
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Global digital-asset market maker Wintermute has been accumulating large amounts of PONS tokens.
Blockchain analytics platform Arkham said on Sept. 5 that Wintermute has recently been buying PONS in small batches through the decentralized exchange Uniswap. Wintermute's current PONS holdings are valued at more than $3 million.
Arkham said Wintermute is buying PONS and may have taken on market-making duties for the token.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.