Just saw data from lookonchain, Wintermute apparently received 119 million FDUSD from First Digital Labs and then immediately transferred it to one of the major CEXs in the last 24 hours. The amount is quite significant. But looking at this action, BTC actually dropped 1.87% in the last 24 hours, even though it had risen earlier this morning. It seems like large money flows into the crypto market but haven't directly pushed prices up yet. Need to keep monitoring how the developments unfold.

FDUSD-0.01%
BTC-1.32%
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