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News

Wintermute Transfers $7M BLUR Across Coinbase, OKX, Kraken!

August 28, 2023 - Around 2 mins mins to read

Key Points:

  • 0x0a0d shifts 49.7M BLUR tokens ($13.3M) to Coinbase.
  • Wintermute orchestrates $7M BLUR token transfers from Coinbase.
  • BLUR tokens journey from Coinbase to OKX and Kraken exchanges.
Scopescan monitoring brought attention to significant transactions Wintermute within the crypto space.
Wintermute Transfers $7M BLUR Across Coinbase, OKX, Kraken!

The Blur pool address with the identifier “0x0a0d” executed a noteworthy transfer, moving a substantial amount of 49.7 million unlocked BLUR tokens. Valued at approximately US$13.3 million, this transfer caught the eye of industry observers.

The destination of this sizable transfer was none other than Coinbase, a prominent platform in the crypto landscape. This move indicated a deliberate strategy by the Blur pool address, showcasing their involvement in the dynamic world of digital assets.

Adding intrigue to the situation, crypto market maker Wintermute entered the scene. Operating on multiple addresses, Wintermute orchestrated a series of transactions involving BLUR tokens. These maneuvers resulted in the transfer of around $7 million worth of BLUR tokens from Coinbase.

image 1454

Wintermute’s activities did not halt at Coinbase. The transferred BLUR tokens found their way to other notable exchanges, namely OKX and Kraken. These subsequent transfers further solidified the intricate web of movements within the crypto ecosystem.

These actions are indicative of the nuanced strategies that players in the crypto market employ. The movement of tokens between different platforms and addresses reflects the dynamic nature of the space, where speed, timing, and execution play crucial roles.

Scopescan’s monitoring sheds light on the behind-the-scenes actions that contribute to the intricate dance of assets in the digital realm. As the crypto landscape continues to evolve, such transactions serve as a testament to the fluidity and sophistication of the market.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Blur

Coinbase

Kraken

OKX

Wintermute

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Wintermute Transfers $7M BLUR Across Coinbase, OKX, Kraken!

Key Points:

  • 0x0a0d shifts 49.7M BLUR tokens ($13.3M) to Coinbase.
  • Wintermute orchestrates $7M BLUR token transfers from Coinbase.
  • BLUR tokens journey from Coinbase to OKX and Kraken exchanges.
Scopescan monitoring brought attention to significant transactions Wintermute within the crypto space.
Wintermute Transfers $7M BLUR Across Coinbase, OKX, Kraken!

The Blur pool address with the identifier “0x0a0d” executed a noteworthy transfer, moving a substantial amount of 49.7 million unlocked BLUR tokens. Valued at approximately US$13.3 million, this transfer caught the eye of industry observers.

The destination of this sizable transfer was none other than Coinbase, a prominent platform in the crypto landscape. This move indicated a deliberate strategy by the Blur pool address, showcasing their involvement in the dynamic world of digital assets.

Adding intrigue to the situation, crypto market maker Wintermute entered the scene. Operating on multiple addresses, Wintermute orchestrated a series of transactions involving BLUR tokens. These maneuvers resulted in the transfer of around $7 million worth of BLUR tokens from Coinbase.

image 1454

Wintermute’s activities did not halt at Coinbase. The transferred BLUR tokens found their way to other notable exchanges, namely OKX and Kraken. These subsequent transfers further solidified the intricate web of movements within the crypto ecosystem.

These actions are indicative of the nuanced strategies that players in the crypto market employ. The movement of tokens between different platforms and addresses reflects the dynamic nature of the space, where speed, timing, and execution play crucial roles.

Scopescan’s monitoring sheds light on the behind-the-scenes actions that contribute to the intricate dance of assets in the digital realm. As the crypto landscape continues to evolve, such transactions serve as a testament to the fluidity and sophistication of the market.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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