Wintermute Transfers $160M in ETH as Ethereum Faces Key Resistance

TL;DR:

• Institutional deposit: Algorithmic market maker Wintermute moved 61,847 ETH (approximately $160.3 million) from its active wallet to Binance and Coinbase on September 11, 2026.
• Mass liquidations: Derivatives records showed $758.02 million in forced liquidations over 24 hours across the broader market, with Ether leading liquidations at $307.48 million.
• Price rejection: The price touched an intraday peak of $2,667 fueled by US CPI data before retracing toward the $2,540 range.

This Friday, algorithmic trading firm Wintermute deposited $160.3 million worth of ETH into centralized platforms Binance and Coinbase, triggering marked volatility in Ethereum that coincided with a pause in the asset’s upward momentum.

Lookonchain detected the transfer at 16:14:47 GMT, detailing that the London-based firm moved 61,847 ETH from its active wallet 0xf81..73AA over a three-hour span. Subsequently, onchain intelligence platform Arkham confirmed the ownership of the addresses involved in the flow.

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