Wintermute sold 466,255 LAPTOP tokens for about $2.08 million at an average price of $4.47 after receiving a reported 2.5 million-token allocation from the token team, according to Lookonchain. The blockchain analytics firm said Wintermute retained about 2.03 million tokens after the sale, while earlier Arkham-linked data showed an address tagged as Wintermute holding about 200,745 tokens after selling the same amount and distributing tokens to exchange deposit addresses. LAPTOP, a political memecoin associated with Hunter Biden that launched on Coinbase-built Base on September 9, surged from 5 cents to as much as $190.81 before dropping to about $0.739 amid thin liquidity, bot activity and fragmented market data. The project said it would add 4 million tokens to Aerodrome liquidity, while on-chain allocations to Wintermute, GSR Markets and G20 and distributions from a project multisig prompted continuing questions over the token's supply and launch mechanics.