🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Wintermute denies that the abnormal big dump of ACT and several other Memecoins is related to it.
According to Techub News, Wintermute founder and CEO Evgeny Gaevoy denied that today's unusual big dump of several Memecoins, including ACT, is related to him, stating that he only reacted after the abnormal movement occurred, and that the on-chain related transactions were AMM arbitrage.
Previously, various altcoins experienced a short-term big dump, with ACT dropping over 50% in a short time; DEXE falling over 28%; DF decreasing over 17.7%. According to Arkham data, an address marked as the market maker Wintermute is selling altcoins and Memecoins, including ACT, BONK, ai16z, BONk, TST, BABYDOGE, MUBARAK, BANANA, BROCCOLI, TUT, etc.