Wintermute's founder denies shorting MON

BlockBeats News, December 1st, in response to allegations that Wintermute, a key player in the Monad ecosystem, was acting as a market maker but shorting MON, Wintermute's founder, Evgeny Gaevoy, denied the claims, stating, "Please refrain from making unsubstantiated statements."

Subsequently, when asked by a community member if Evgeny was going long, Evgeny replied, "Indeed, I am."

At the time of writing, MON was trading at $0.02513, marking a 23.3% decrease in the past 24 hours.