Sold 2,647 BTC during low liquidity hours on January 7th, 2026.

Pays more than $1 million per employee amid high-profit digital asset trading conditions.

Received a deposit of 288 BTC ($26.3M) from Bitcoin mining firm MARA on January 4, 2026.

Accumulated 4,811 BTC on January 3, 2026, representing approximately $500M in value as part of coordinated large-scale Bitcoin purchases by major entities.

Started bidding back tax loss positions.

Has invested in AAVE since 2022 and participates in its governance.

Bought 2,622 BTC in a 10-hour period on December 22, 2025.

Transferred 6,500 BTC in a single-hour period on December 19, 2025, as part of coordinated large-scale Bitcoin movements totaling over $2.5B across multiple exchanges and market makers.

Sold over $10 billion worth of Bitcoin on December 18, 2025.

Purchased 3,000 BTC on December 17, 2025.

Wintermute sold 1,526 BTC as part of simultaneous large-scale BTC sales from multiple exchanges (Binance, Coinbase, BitMEX) totaling over $2B within minutes.

Tessera is Wintermute's Prop AMM venue on Solana, designed for large institutional-size trades and listed among the main players in the Prop AMM space that dominates 40-60% of total Solana DEX volume.

Total on-chain holdings decline 31% to $377M by December 14th from $549M peak on November 22nd. Recent outflows include 77 BTC ($6.9M) to Bitstamp and 450 ETH ($1.4M) to Binance.

Wintermute receives $365 million in stablecoins, 2,671 BTC, 73.65k ETH, and 389k SOL over 24 hours on December 11th.

Wintermute transfers millions in ETH and BTC to Binance.

Wintermute receives $309.15 million in stablecoins from Bullish, Coinbase, and Circle on Solana before FOMC meeting.

Wintermute achieves $1.17M realized PnL over 7 days, topping the Smart Money profitability leaderboard.

Binance transfers 2,214.5 BTC, 43k ETH, and 112.9k SOL to Wintermute on December 8th.

Bullish sends $132 million to Wintermute on Solana on December 8th.

Wintermute sells 9,315 BTC alongside coordinated dumps from Binance (5,460 BTC), Coinbase (8,375 BTC), Bitfinex (3,751 BTC), BlackRock (5,193 BTC), and Bitwise (5,010 BTC).

$200 million USDC flows into Wintermute on Solana in 24 hours.

On Dec 5th, Wintermute receives 1,584 BTC, 53.86k ETH, and 263k SOL as the most active entity in 24-hour period.

Wintermute publicly advocates for exemptive relief for DeFi trading of tokenized equities in SEC Crypto Taskforce comment letter process, joining Robinhood, Coinbase, and Securitize in vocal support.

Wintermute receives massive USDC inflows from Coinbase, Circle, and Bullish in recent days to buy SOL for institutional investors.

Wintermute bought 4,707 BTC alongside coordinated purchases from whales (20,430 BTC), Binance (8,324 BTC), Coinbase (6,814 BTC), Strategy (3,887 BTC), Kraken (1,731 BTC), and Bitstamp (1,650 BTC) during BTC rally from 83K to 93K.

Wintermute bought 8,577 BTC as part of coordinated buying activity alongside Satoshi whales, Binance, Strategy, Coinbase, and BitMEX.

On Dec 2nd, Wintermute operates as the most active market maker with $525m in volume across 982 BTC, 50.5k ETH, and 441k SOL.

Wintermute sold 9,315 BTC alongside coordinated selling from Coinbase (8,375 BTC), Bitmex (7,993 BTC), Binance (5,460 BTC), Bitwise (5,010 BTC), and Bitfinex (3,751 BTC).

Wintermute sold 8,714 BTC today alongside other major entities including Fidelity, BlackRock, Coinbase, Binance, and Bybit in selling activity totaling over $5B worth of Bitcoin.

Wintermute among multiple recipients of $REZ token distributions from RenzoProtocol Investor Distribution contract in recent days, with SevenXVentures receiving the largest allocation of 83.57M $REZ (~$514.67K).

Staggering volumes transferred from Binance to Wintermute in the last 2 days, with suspected large $SOL supply exchange executed at $130-$140 range.

Wintermute closed one-third of their delta neutral position, with the tweet referencing $mon token bidding.

$133 million transfers from Binance to Wintermute in market making activity.

Wintermute buys Bitcoin alongside major institutions including BlackRock and major exchanges in buying activity totaling over $10B.

Wintermute officially denies being the major entity that experienced losses on October 10, contradicting previous unverified reports linking the company to the incident.

Unverified insider reports claim losses occurred on October 10 from autodeleveraging of automated market making vaults, with aggressive selling of spot holdings to cover these losses.

Wintermute sold its NVIDIA stock position.

Bullish exchange becomes highly active in market making through Wintermute; the exchange went public on NYSE in August 2025 with ticker BLSH, raising over $1.1 billion.

Wintermute sends 12.29M ENA (~$3.91M) to a whale address, who then withdraws 5.27M ENA (~$1.47M) from Binance and stakes the full amount into Ethena.

Wintermute submits second response to SEC Crypto Task Force, advocating for dealer self-custody for on-chain settlement and exemption of DeFi liquidity-provision from dealer registration requirements.

Arthur Hayes sends 520 ETH worth $1.66M to Wintermute and other market makers alongside ENA and ETHFI transfers.

Arthur Hayes deposits 2.62M ENA (~$733k) to Wintermute and Binance, and transfers 133k ETHFI to Wintermute.

A whale/institution purchases 19,945 ETH worth $63.82M at an average price of $3,200 through Wintermute, Coinbase, and FalconX.

Anchorage Digital receives 4,094 BTC ($405M) from multiple institutions including Wintermute, Coinbase, Cumberland, and Galaxy Digital over a 9-hour period.

Monetalis accumulates 1.85M UNI (~$14.33M) from Wintermute and FlowTraders within 24 hours, while transferring 72.9M ARB (~$19.62M) to Wintermute and B2C2.

Wintermute launches TV license forward contracts according to Bloomberg report.

Bank analyst reports institutions favor regulated equity markets over token markets due to regulatory protection concerns, referencing Wintermute as an example of token market issues.

CEO Evgeny Gaevoy states centralized exchanges are best positioned to drive transparency on token listings and market maker operations including loan terms, quoting performance, and general disclosures.

Wintermute releases market report stating October market washout has settled with positioning reset and market tone less fragile, while sentiment improvement has not yet translated to capital flows.

Monad ICO filing on Coinbase discloses Wintermute receives 20M MON tokens under a 1-year market maker agreement, while other market makers (CyantArb, Auros, Galaxy, GSR) received larger amounts with 1-month renewable terms.

Market maker tracking bot reports large Bitcoin transfer from Binance to Wintermute, with stablecoins moving to market makers.

Wintermute transfers millions of crypto to Binance exchange, with speculation about potential market manipulation similar to previous lowcap pumping and short liquidation events.

Wintermute reports only 4 $ORE tokens remain in inventory across all OTC desks.

Wintermute serves as a liquidity source for MuteSwap's Liquidity Mesh Protocol alongside Godex, Bisq, Trocadore, and DWF Labs.

Wintermute states that money has stopped flowing into crypto markets, with capital rotating internally rather than fresh capital entering, causing rallies to die fast and market breadth to narrow. (Tweet ID: 1986368726711558453)

CEO Evgeny Gaevoy confirms the firm remains financially stable despite recent losses from the Binance ADL incident.

Reports claim market-making operations are down, with comparisons to 2022 events.

CEO Evgeny Gaevoy officially denies all rumors about suing Binance, calling such claims "baseless" and stating the firm has no plans to pursue legal action now or in the future.

Wintermute's tracked wallets decline from $637M to $572M (-12%) following the crash, with reports of the firm negotiating with Binance for a refund while Binance spends $188M from its insurance fund and refunds $283M for oracle depegs (excluding ADL losses).

Wintermute takes major losses during Binance's ADL incident on 10/11 involving approximately $20B in liquidations, with CEO hinting at ADL system malfunction and sources reporting preparation for legal action against Binance.

Wintermute transfers millions in BTC and ETH to Binance exchange.

Public call for independent investigation into market manipulation allegations against Wintermute, alongside Binance and CZ, through proper legal channels.

Wintermute joins $39M Series A investment in Pave Bank, a regulated platform for businesses to transact in stablecoins, CBDCs, and tokenized real-world assets, alongside investors Accel and Tether.

Wintermute locks veAERO tokens on Aerodrome protocol on Base, positioning alongside Coinbase as smart money in the Base DeFi ecosystem.

Wintermute receives millions in BTC from multiple major centralized exchanges including Binance, OKX, Bybit, Crypto.com, and Bullish.

Wintermute appears on a New Era Finance podcast episode to provide market maker insights following a recent market crash.

Wintermute participates as a market maker in Circle's Arc public testnet launch, joining an ecosystem that includes major banks, asset managers, exchanges, and payment companies across global markets.

Wintermute issues bullish "max bid" recommendation citing BTC reclaiming 115k, easing yields, declining volatility, DeFi and AI sector leadership, and favorable Q4 setup with macro tailwinds including cooling inflation and dovish Fed policy.

Wintermute expresses buying interest in MEGA tokens at a discount to expected market value alongside Ethena in a Polymarket-related opportunity.

A whale transfers 2.5 million UNI tokens ($15.75 million) to Wintermute for sale one hour before the tweet, after transferring 1.882 million UNI ($11.61 million) six days prior.

Wintermute participates in Pave Bank's $39 million Series A funding round led by Accel, with Pave Bank being a Georgian-licensed programmable bank serving fiat and digital assets.

A public argument occurs between a Wintermute representative and CJ from Limitless regarding Limitless's onchain market making strategy.

Wintermute expands market making operations into the Counter Strike skin market.

Wintermute extracts $20-40 million per token launch through loan and options mechanisms while running liquidity strategies for token listings.

Wintermute dumps inventory to fund a massive legal case against Binance.

An institutional address that received 30 million UNI in 2020 transfers 1.697 million UNI ($10.29 million) to Wintermute in the past 5 hours, while still holding 24.9 million UNI worth $149 million.

Wintermute discloses in an interview that Binance's aggressive auto-deleveraging at incorrect prices caused them substantial losses during recent market volatility and they await compensation from the exchange, with the incident reducing their liquidity provision and affecting order book depth across markets.

An entity claims Wintermute continues selling coins in the market in violation of an undisclosed deal and issues threats in response to this alleged activity.

Wintermute provides market making services for Synthetix sUSD pools with weekly treasury incentive payments, while concerns emerge about treasury depletion and potential depeg risks.

Wintermute sends millions to Binance exchange in a transaction pattern similar to transfers made before the previous flash crash.

A whale uses Wintermute's OTC desk to purchase 10,000 ETH for 39.87M USDC at $3,987 per token after previously selling at $4,458 earlier in the month.

Binance hot wallet transfers assets to Wintermute wallets.

Wintermute wallets were active immediately before the October 10 flash crash that triggered $500M-$1B in forced liquidations, while $1.1B in BTC and ETH shorts opened on Hyperliquid hours before the event netted approximately $190M profit.

CEO Evgeny Gaevoy addresses conspiracy theories in a new interview, stating it is highly unlikely that last week's liquidation event was designed to wipeout retail traders.

On October 12, Wintermute completed the first block trade in CME Group's XRP options in partnership with Superstate, demonstrating continued business operations in institutional derivatives.

Following a $600B market crash on Friday, Wintermute publishes official post-mortem stating "business as usual" while facing criticism for not addressing 99.9% flash crashes and a prolonged $USDe depeg during the chaos.

Wintermute holds tokens for the Aster project, which experienced a botched airdrop that negatively affected regular participants.

Co-founder Yoann Turpin publicly addresses ongoing solvency concerns, stating the firm maintains a market neutral position with minimal leverage and zero leverage in their venture portfolio, though acknowledging the venture portfolio is suffering.

Market rumors suggest potential collapse of the firm alongside Crypto.com could trigger contagion effects similar to FTX/Alameda, beyond just liquidation cascades.

The firm posts three new job openings including Business Development & Partnerships Associate, Graduate DeFi Algorithmic Trader, and notably a Head of Compliance - MiCA role, signaling strategic preparation for EU Markets in Crypto-Assets regulatory compliance.

Formal escalation to SEC officials alleges Binance and Bybit manipulate SOL price through Wintermute, with claimed comprehensive evidence showing Binance transfers tens of thousands of SOL daily to suppress price despite proof of reserves showing no SOL holdings beyond customer funds.

The firm opens a full-time Investment Associate role focused on Liquid Strategies in New York, signaling expansion of their liquid trading team.

Wintermute is characterized as sponsor of STBL token pump, raising concerns about potential coordinated price manipulation beyond the previously reported 309% increase in token holdings.

Wintermute increases STBL token holdings by 309% this week ahead of STBL's Ethereum expansion launching October 10 with USST/YLD minting and October 24 with multifactor staking.

Allegations emerge that 888M ecosystem growth tokens ended up on exchanges creating approximately 1.5B in sell pressure, with traders awaiting clarification from Wintermute and Plasma on the tokenomics issue.

Binance transfers SOL tokens to the market maker within the last 3 hours, with on-chain evidence confirming the transactions.

Research published by the firm reveals 48% of Ethereum EIP-7702 activations are linked to criminal activities, contradicting Vitalik Buterin's security claims about the protocol.

The company announces hiring for 7 key positions including BD & Partnerships Associate, Graduate DeFi Algorithmic Trader, Head of Compliance - MiCA, Investment Associate, Marketing Manager, Product Manager, and Sr Compliance Officer, indicating significant business expansion.

Managing Director CryptoKatryna attends Fireblocks SPARK'25 conference September 8-10, 2025 in Barcelona to discuss OTC trading and partnership opportunities.

Ron Hammond, Head of Policy and Advocacy, comments on bipartisan crypto market structure legislation developments, revealing the firm's policy advocacy role beyond market making activities.