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Market makers GSR Markets and Wintermute have sold 48.2 million ARBs to CEX in the past 7 days

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2024-03-28 10:16:14
Spot On Chain posted on social media that two primary market makers, GSR Markets and Wintermute, have sold 48.2 million ARBs ($80.83 million) to CEX in the past 7 days, and GSR has transferred 26.94 million ARBs ($45.1 million) to Binance, all of which came from token unlocking on March 16th; Wintermute will transfer 21.24 million ARBs ($35.7 million) to various CEX, mainly Binance. Currently, two market makers hold 19.6 million ARBs ($33.7 million).
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