SLERF's recent price movements have drawn attention to Wintermute's activity. An analysis of a Wintermute-linked portfolio on Solana reveals a $13.9 million balance
A recent analysis of a Wintermute-linked portfolio on Solana has revealed a 13.9 million balance, with a recent dip of $398,840. This activity has sparked interest in the strategies employed by Wintermute and its potential impact on related tokens like SLERF.
The account's portfolio includes a diverse range of tokens, such as Wrapped SOL (WSOL), USDC, MOODENG, USDT, and POPCAT. Among these holdings, the most significant change occurred in WSOL, with the account currently holding 12,018 tokens, valued at $2.56 million. This marks a slight decrease of $98.19K from previous values. Despite this decline, WSOL remains a prominent asset in the portfolio, with its price at $213.25 per token.
The analysis also reveals that the account's holdings in USDC have remained largely stable. Priced at a stable $1.00, the total holdings in USDC amount to 2.488 million, equating to a value of $2.49 million. This stability in both price and total holdings provides a buffer against the portfolio's more volatile assets. Similarly, another stablecoin, USDT, maintains its $1.00 value, with the account holding 817,555 USDT, totaling $817,560.
In terms of the more volatile assets in the portfolio, MOODENG has shown positive momentum. The account currently holds 1.685 million MOODENG tokens, valued at $994,920. This represents a significant increase of $228,860 from previous values, indicating growing confidence in the asset. Notably, MOODENG has performed well despite the current market, where many assets are declining.
On the other hand, the POPCAT token has seen a decline in value. With holdings of 474.027K POPCAT tokens, the asset is valued at $796.36K, showing a decrease of $99.55K. Priced at $1.68 per token, the drop in POPCAT adds to the overall portfolio's decrease. This shift suggests a potential change in sentiment around the token, warranting close attention from investors.
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