Massive $ORCA Price Drop Following Wintermute’s Large Deposits into Exchanges

Spread the love

In a dramatic series of events, the cost of the $ORCA token has taken a nosedive, plunging almost 30% after a gigantic deposit by Wintermute, the famous market-making company. Just two days prior, Wintermute had received a huge amount of $ORCA tokens from the project and, in turn, dumped the full 2.5 million tokens (which equate to about $9.62 million) onto exchanges. This sudden deposit has profoundly affected the price of the token, sending it into a sharp downward spiral. Since Wintermute received the $ORCA tokens, the price has seen a steep 29.7% drop, plummeting from $3.642 to $2.56. The

The post Massive $ORCA Price Drop Following Wintermute’s Large Deposits into Exchanges appeared first on The Merkle News.

Go to Source