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Wintermute’s Hidden Hand in SLERF’s Price Action Coin Edition 15 Nov 2024

Wintermute’s Hidden Hand in SLERF’s Price Action 📉

Wintermute's involvement in SLERF's price fluctuations has attracted significant attention. An analysis of a Solana-linked portfolio associated with Wintermute shows a balance of $13.9 million, which recently dipped by $398,840. This observation prompts questions regarding Wintermute's strategies and the effects on related cryptocurrencies such as SLERF.

The portfolio holds a variety of tokens, including Wrapped SOL (WSOL), USDC, MOODENG, USDT, and POPCAT. The noticeable changes in value underscore the influence that Wintermute may have on the volatile price actions within the cryptomarket.

Source: coinedition.com ↗