Wintermute Engages in High-Frequency ACT Token Sales on Raydium

According to BlockBeats, on-chain data reveals that Wintermute has conducted high-frequency sales of approximately $250,000 worth of ACT tokens on Raydium within the past half-hour. This activity aligns with the founder's speculation regarding arbitrage trading, suggesting that Wintermute reacted to significant price fluctuations to exploit arbitrage opportunities in the AMM pool.