Wintermute is suspected of profiting through arbitrage during the FDUSD depegging.

PANews, April 3 - According to Lookonchain monitoring, since FDUSD decoupled due to market panic, Wintermute has transferred 75 million USD worth of FDUSD to First Digital Labs. Analysis suggests that it may have purchased FDUSD at a discount during the decoupling period and redeemed it at a 1:1 price, achieving considerable arbitrage profits.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)