Wintermute sold approximately $250,000 worth of ACT tokens through Raydium in the last half hour, in line with its founder's arbitrage trading speculation.

BlockBeats News: On April 1st, according to on-chain data, Wintermute executed a high-frequency sell of approximately $250,000 worth of ACT token through Raydium in a span of half an hour. This aligns with its founder's arbitrage trading speculation and the narrative that "Wintermute reacted after the price experienced significant fluctuations, arbitraging the AMM pool."