Wintermute Outflows Reach 9,458 Bitcoin Across 40 Fresh Wallets Since October 1

Forty newly created digital wallets have withdrawn 9,458 Bitcoin, valued at approximately $771.5 million to $772 million, from crypto market maker Wintermute since October 1. The data has prompted speculation of institutional accumulation, though analysts note the transfers could represent custodial rebalancing, collateral, or hedging. The cumulative outflows expanded following a series of multi-wallet transfers, including 1,090 Bitcoin worth $90.38 million on October 21 and 1,127 Bitcoin worth $93.45 million on October 22. In parallel, a separate single-day inflow of 32,380 Bitcoin worth $2.6 billion was recorded.