Odaily reports that blockchain analyst Ai Yi stated in a post that Wintermute OTC address 0xDbe...7B910 received 10 million APE from the ApeCoin treasury and its Coinbase address three days ago, worth $6.31 million. In the past three hours, Wintermute has deposited 7 million of these APE into Binance, approximately $3.99 million.
It is reported that Wintermute is also a market maker for APE.