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Wintermute Joint Creation: Cryptocurrency trading activity usually increases before the end of the year

Wintermute Joint Creation: Cryptocurrency trading activity usually increases before the end of the year

2023/12/25 23:35
BTC-0.13%

Wintermute co-founder Evgeny Gaevoy stated that as a source of liquidity for hundreds of tokens, the platform trades various assets throughout the year. Although the number of unique assets traded during Christmas is slightly less compared to other days in December, trading activity usually increases before the end of the year. He said: "We have received more and more business requests, which are usually driven by strategic considerations such as year-end taxes, whether it's for booking transactions or settling invoices and other operational needs before the end of the year."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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