Wintermute deposits $98.7M in BTC to Binance over 18 hours

Crypto market maker Wintermute deposited 1,279.99 BTC to Binance in eight transactions over the past 18 hours, according to Onchain Lens. The transfers were worth about $98.68 million. The most recent transaction took place about 30 minutes ago and involved 90.1 BTC worth about $6.97 million. Exchange deposits are typically interpreted as a sign of intent to sell.