Wintermute Receives 2.5M LAPTOP Tokens, May Join as Third Market Maker

iconKuCoinFlash
Share
AI summary iconSummary
On September 9, 2026, Wintermute received 2.5 million LAPTOP tokens from a multi-signature address, with the funds later transferred to multiple exchange deposit addresses. GSR Markets and G20 had previously received tokens for market-making purposes. If confirmed, the total market-making allocation would reach 23 million tokens, or 2.3% of the total supply. Wintermute’s activity adds to the growing list of altcoins to monitor amid evolving market dynamics. The Fear & Greed Index remains a key indicator for traders tracking shifts in market sentiment.

BlockBeats news: On September 9, according to on-chain analyst Ai Yi (@ai_9684xtpa), 21 hours ago, Wintermute received 2.5 million LAPTOP tokens from the LAPTOP multisig address, followed by the distribution of these tokens to multiple exchange deposit addresses. Previously, GSR Markets and G20 had received market-making tokens several days ago, suggesting Wintermute may be a newly added market-making participant.


If this transfer is indeed part of the market-making arrangement, the total number of tokens actually used by LAPTOP for market-making will increase to 23 million, representing 2.3% of the total supply. Of this, GSR Markets will receive 15.5 million, G20 will receive 5 million, and Wintermute will receive 2.5 million.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.