Arkham data suggests Konstantin Lomashuk sold Ethereum holdings ahead of a price drop and moved tens of millions in USDC to Wintermute.
Arkham reported that an address suspected to belong to Lido founder Konstantin Lomashuk sold 14,585 ETH prior to a market decline. The same address subsequently transferred 47.2 million USDC to a deposit address linked to Wintermute, a cryptocurrency market-making firm. These actions have drawn attention given their timing before the downturn.