Wintermute Address Received 10 Million MIRAI, Potentially as a Liquidity Provider

On May 16th, as per on-chain data, the Trump family's crypto project WLFI purchased $3 million worth of EOS via the BSC ecosystem DEX protocol Pancake. Meanwhile, they also bought $3 million worth of Vaulta (A) through the exSat ecosystem DEX protocol 1DEX. Before this piece of news, Vaulta (formerly EOS) announced that the EOS token would be swapped for A on May 14th, supporting a 1:1 frictionless exchange with no alterations to the tokenomics.

On May 16th, based on official data, by May 15th, the Bitcoin spot ETF under BlackRock, namely the Bitcoin Investment Trust (IBIT), held approximately $646.97 billion worth of Bitcoin, which surpassed the current holding of approximately $591.46 billion of the Strategy.

On May 16th, according to official channels, the U.S. Securities and Exchange Commission (SEC) has put out Frequently Asked Questions (FAQs) associated with crypto asset activities and distributed ledger technology. These FAQs cover broker-dealer custody rules, the in-kind creation of crypto ETFs, the net capital treatment of Bitcoin and Ethereum, and the transfer agent rules for tokenized securities. Commissioner Hester Peirce characterized this guidance as an "incremental move" and reminded that non-securities crypto assets are not safeguarded by the Securities Investor Protection Act (SIPA).

On May 16th, according to the analysis of crypto KOL niftywap.eth, the Believe platform is amassing the token supply for its ecosystem token through a fee mechanism. Taking the meme coin Theranos as an example, in the past 24 hours, the Believe platform has accumulated 2.3% of the token supply (which is currently locked) and has risen to the third-largest holder, second only to theranoscexwallet.sol. niftywap.eth further stated that if the fees used for the token could be distributed to the team, the issue of the listing fund would be alleviated. The team needs several percentage points of funding to survive and get listed on a centralized exchange (CEX). Whale users are not willing to donate, and they shouldn't. As long as the team uses these fees for marketing and listing projects, this is the new gold standard.

On May 16th, as monitored by Onchain Lens, the Trump family's crypto project WLFI expended $3 million to purchase EOS, with an average purchase price being $0.825.

On May 16th, according to GMGN data, the crypto KOL pow sold approximately $600,000 worth of LAUNCHCOIN just 5 minutes ago. Before this, the crypto KOL pow ( @traderpow ) sold 7.6 million LAUNCHCOIN this morning at a price of $0.203, and exchanged them for 9,040 SOL (worth $1.54 million).