Huo Xing Finance reports that on September 5, according to Arkham monitoring, market maker Wintermute has been continuously purchasing PONS tokens using a TWAP strategy, with its current holdings valued at over $3 million. Arkham noted that Wintermute may soon begin providing on-chain market-making services for PONS.
Wintermute purchases over $3 million in PONS tokens, may launch on-chain market making
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Summary
On-chain data from Arkham shows that Wintermute has accumulated over $3 million in PONS tokens using a TWAP strategy. The firm may soon begin offering on-chain market-making services for PONS driven by market news. This activity indicates potential liquidity support for PONS in the coming weeks.
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