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 […]