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Wintermute has transferred 75 million FDUSD to First Digital Labs since the FDUSD's unpegging.

2025-04-03 17:53

BlockBeats News, April 3rd, according to LookIntoChain monitoring, since the FDUSD has deviated from its peg, Wintermute has transferred 75 million FDUSD to First Digital Labs.


Wintermute likely purchased FDUSD at a discounted price during the deviation and profited by exchanging it with First Digital at a 1:1 ratio during the redemption.

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