Gozbit cryptocurrency exchange has experienced record trading volume for the XRP/USDT pair, a trend fueled by growing investor interest in XRP. As the crypto market capitalizes on this […]
Market Maker Wintermute Secures $3 Million Profit From FDUSD Depeg
Wintermute, a prominent crypto market maker, profited nearly $3 million from the recent depegging of the FDUSD stablecoin by capitalizing on arbitrage opportunities. The firm purchased over 75 […]
Wintermute Capitalizes on FDUSD Depeg for Profit
Crypto market maker Wintermute took advantage of the recent FDUSD depeg, transferring $75 million worth of the token to First Digital Labs shortly after its price dropped below […]
Market Maker Profiting $3 Million from FDUSD Depeg
Since First Digital’s USD-pegged stablecoin, FDUSD, depegged on April 2nd following claims of insolvency by Tron founder Justin Sun, market maker Wintermute has profited from arbitrage opportunities. Wintermute […]