Home > Quick > Body

Lookonchain: Wintermute may profit over $3 million after FDUSD resumes anchoring

clock
2025-04-02 17:19:14
Lookonchain monitoring data shows that FDUSD was briefly decoupled to $0.8726 due to bankruptcy news. After the decoupling event, Wintermute withdrew 31.36 million FDUSD from Binance. If it was bought at a price near the bottom of $0.90, the institution may profit more than 3 million dollars after FDUSD resumed anchoring.
Note: FDUSD is a dollar stablecoin with a theoretical anchor price of $1.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.