Author: Sohrab Khawas
Sohrab Khawas 
Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he’s trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he’s not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
Sep 3, 2024 11:02
Sohrab Khawas
Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he’s trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he’s not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
In the past couple of hours, Wintermute executed a significant transaction, withdrawing 75 million $FDUSD from Binance. The transfer is done to the First Digital Labs. Over the last five days, similar transactional moves reveal a larger pattern, where Wintermute has withdrawn a total of 241 million $FDUSD from Binance. All the transferred funds eventually end up at the First Digital Labs. These transactions raise questions about the strategic movements of funds from Wintermute.
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