$ORCA Tokens Transferred to Exchanges by Wintermute | Flash News Detail

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On March 21, 2025, at 21:18 UTC, a significant movement of $ORCA tokens was observed when the deployment address transferred tokens valued at $9.62 million to Wintermute, a major market maker and trading firm, as reported by Ai 姨 (@ai_9684xtpa) on Twitter. This transfer sparked immediate market reactions, with Wintermute subsequently depositing portions of these $ORCA tokens into major exchanges including Coinbase, Binance, Kucoin, and Kraken. As of the latest data at 22:18 UTC, Wintermute still holds 2.2 million $ORCA tokens on-chain, valued at approximately $7.5 million. Following the initial transfer, the price of $ORCA has experienced a notable decline, dropping by 5% within the hour as reported by CoinMarketCap at 22:25 UTC (source: CoinMarketCap, 22:25 UTC, March 21, 2025). This event has put considerable pressure on the $ORCA market, reflecting the immediate impact of large token movements on…

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