Wu learned that FLUID surged over 50% briefly this morning. On-chain analyst Amir Ormu believes this may be related to Wintermute's upcoming loan repayment. Nansen data shows that Wintermute MM Address net purchased 13.272 FLUID in the last 24 hours, worth about $516,000. Last December, Wintermute proposed a liquidity plan in Fluid Governance, borrowing 700,000 FLUID tokens from the DAO Treasury to provide liquidity on CEX and DEX over the next year, and the repayment deadline is approaching. However, Amir Ormu pointed out that when Wintermute borrowed in December, the price of FLUID was $7-10, while now the price of FLUID is only about $4, meaning they are repurchasing the tokens to repay the loan at nearly half the discount.