What do marketmakers do on the drawdup?
There are such dumps not every day, so I decided to see what market makers do during the panic in the market. Let’s look at their wallets.
-Wintermute
•large conclusions of SOL
•+4k ETH
•+280b PEPE
Wintermute brings the alto out of the top 20 on m.kape and top memes on Ethereum. The same purchases for SOL and ETH were on August 5.
-GSR Markets
•+1.6kk ENA
•+800k RENDER
•large ETH withdrawals
RWA and AI tokens with which you worked earlier are withdrawn from exchanges + actively forward stables between exchanges.
-DWF LABS
Sent 2 million USDT to the exchanges for purchase.
•In general, no one panics, viola bags are not dumped, no one cares about a 30-40% drawdown. The main volume first enters ETH, then comes SOL and followed by RWA and AI.