Wintermute Holds Significant Portion Of CBBTC On Base Network

According to BlockBeats, on September 13, Nansen CEO Alex Svanevik announced on social media that Wintermute currently holds 98 CBBTC, equivalent to approximately $5.68 million. This amount represents 13.42% of the total CBBTC on the Base network. Svanevik noted that the introduction of CBBTC on the Base network is expected to significantly increase the network's Total Value Locked (TVL). It appears that Wintermute is the first market maker for CBBTC on this network.