Market makers such as Wintermute bought SHIB from DEX to keep its price from plunging
2024-07-18 14:41:37
According to Lookonchain monitoring, WazirX hackers have sold 5.43 trillion SHIB and obtained 26,535 ETH, worth about $92 million, but because Wintermute and other market makers bought SHIB from DEX and deposited it into the exchange to sell arbitrage, the price has not yet plummeted.
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