Wintermute initiates large-scale asset sell-off impacting the market
Market maker Wintermute has started a substantial sell-off of its assets, putting pressure on the market. Reports on social media platform X suggest this move may be linked to the CLARITY bill vote, though there is no official confirmation.
Source X
These actions by Wintermute could significantly affect market stability and prompt reactions from other major players. The lack of official statements means that market participants will continue closely monitoring developments and the company’s future decisions.
In the near term, increased market volatility is expected along with possible strategy adjustments by major market makers in response to the situation.