Lookonchain
Lookonchain
$FDUSD
+0.01%
Since $FDUSD depegged, #Wintermute has transferred 75M $FDUSD to First Digital Labs. They likely bought $FDUSD at a discount during the depeg and redeemed it 1:1 through First Digital—making a solid profit.
Lookonchain
Lookonchain @lookonchain · 
FDUSD briefly depegged to $0.8726 after bankruptcy news. After the depeg, #Wintermute withdrew 31.36M $FDUSD from #Binance. Assuming they bought $FDUSD near the bottom at $0.90, they would make over $3M when $FDUSD returned to the peg. https://t.co/Sm1quGE1WR https://t.co/5mE6MGj9hw
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