Wintermute founder and CEO Wishful Cynic responded to a question on social media about "why are you selling ETH recently?" to other users, saying that the institution has actually been buying ETH recently. Another user asked whether the "buying behavior" mentioned by wishful cynic was "completed through OTC or directly through the order book of the trading platform?", but wishful cynic did not respond positively, saying that there is no difference between the two. It was previously reported that on August 7, according to The Date Nerd monitoring, Wintermute deposited 17,368 ETH to Binance in the past 24 hours, which is about 43.17 million US dollars. In addition, on August 5, Wintermute was monitored to transfer 22,460 ETH from its market making and other trading platform accounts to Binance deposit addresses in the past 24 hours, which were then transferred to Binance hot wallet (wishful cynic did not respond to this data).