The ApeCoin project has recently turned to Wintermute for handling significant token transactions, raising eyebrows in the crypto community. Wintermute’s OTC address, 0xDbe…7B910, received 10 million $APE tokens from the ApeCoin Treasury and its Coinbase address three days ago. This transfer, valued at $6.31 million, marks a substantial move in the ApeCoin ecosystem. In the past three hours alone, Wintermute has deposited 7 million $APE tokens onto Binance, which amounts to approximately $3.99 million. This transaction is part of Wintermute’s broader role as a market maker for $APE, aiming to provide liquidity and stability in the trading of these tokens.
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