GSR allegedly acting as a market maker for WCT, with large transfers heading straight to Binance
WCT is gaining momentum again—GSR has been targeted, allegedly as its market maker.
Just 6 hours ago, they transferred 4 million WCT to Binance, equivalent to 1.61 million USD, and today a total of 7 million WCT (approximately 3.46 million USD) has been credited.
Do you think this is a sign of a market crash? It could also be a preparation for listing to boost liquidity.
For those trading WCT, be aware that this situation may be much more lively than you think.
