Suspected Wintermute wallet has accumulated SYRUP worth $5.2 million over the past two weeks
Foresight News reported that, according to Arkham monitoring data, a wallet suspected to belong to Wintermute has been "quietly" accumulating SYRUP tokens recently. Over the past two weeks, a total of $5.2 million worth of SYRUP tokens have been withdrawn from multiple exchanges and transferred to wallets associated with this market maker. As of now, this wallet holds SYRUP tokens worth $6.1 million, approximately 20.397 million tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays Sounds the Alarm: Dual Impact of Stronger Dollar and Volatile Interest Rates May End Carry Trade's "Sweet Spot"
Barclays expects G10 currency volatility to rise and remain elevated, noting that carry trade returns have declined since the end of August. The bank warns against bottom fishing and suggests that emerging market currencies may undergo repricing.

Meta's $25 billion stock offering oversubscribed by 5 times, with over half allocated to long-term investors and existing shareholders
According to media reports, the 15 largest investors in this offering hold approximately 70% of the issued shares, indicating that large institutional investors are the main driving force behind this fundraising. The offering was priced at $625 per share, representing a 2.7% discount to last Friday's closing price prior to the issuance announcement. However, on Tuesday, Meta closed down 1.64% at $620, already falling below the offering price.

Cerebras (CBRS.US) secures major Oracle deal: to be deployed in 2027, share price jumps 10% at one point
Oracle (ORCL.US) will provide cloud services based on Cerebras (CBRS.US) computers in its data centers, bringing another major client to this emerging company that challenges Nvidia’s dominance in AI hardware.

