On March 23, Wintermute has fully recharged 2.5 million ORCA tokens (approximately $9.62 million) received from the project side into CEX. Since Wintermute received the tokens two days ago, the ORCA price has dropped by 29.7% (from $3.642 to $2.56).
BlockBeats previously reported that the ORCA deployment address transferred tokens worth $9.62 million to Wintermute on the evening of March 21, which may be used for market-making or selling.