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Wintermute’s $241M FDUSD Exodus: Binance Withdrawals to First Digital Labs

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Creator: Sohrab Khawas

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Sohrab is a passionate cryptocurrency news creator with over five years of experience conserving the industry. He retains a eager interest in blockchain skills and its ability to revolutionize finance. Whether or no longer he’s trading or writing, Sohrab at all times retains his finger on the pulse of the crypto world, the recount of his experience to carry informative and participating articles that educate and inspire. When he’s no longer examining the markets, Sohrab indulges in his spare time actions of graphic develop, minimal develop or being attentive to his favorite hip-hop tunes.

Sep 3, 2024 11: 02

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In the past couple of hours, Wintermute done a huge transaction, withdrawing 75 million $FDUSD from Binance. The switch is performed to the First Digital Labs. Over the closing five days, identical transactional strikes indicate a greater pattern, where Wintermute has withdrawn a total of 241 million $FDUSD from Binance. The complete transferred funds at closing find yourself at the First Digital Labs. These transactions elevate questions on the strategic movements of funds from Wintermute. 

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