BITPRISMIA
A significant Bitcoin transfer by Galaxy Digital has drawn attention due to its potential implications for market liquidity, institutional activity, and Bitcoin's price dynamics.
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Wintermute's CEO revealed that their OTC desk has almost no Ethereum (ETH) left for sale, indicating strong institutional demand and potential supply scarcity for large-scale transactions.
The crypto market is experiencing a split, with institutional investors focusing on Bitcoin and Ethereum while retail investors shift towards newer, more speculative altcoins.
Wintermute, a leading crypto market maker, may become a market maker for the PUMP token, which could significantly enhance the token's liquidity, stability, and market perception.
Wintermute, a crypto market maker, secured a Bitcoin-backed credit line from Cantor Fitzgerald, signaling growing institutional involvement in crypto financing and its impact on market liquidity.
Wintermute, a digital assets-focused market maker, has secured a Bitcoin credit line from Cantor, following similar deals with Maple Finance and FalconX, to support its capital-intensive operations.