Wintermute sold approximately $250000 worth of ACT tokens through Raydium in nearly half an hour, in line with its founder's speculation about arbitrage trading

According to BlockBeats news, on April 1st, according to on chain data, Wintermute sold approximately $250000 worth of ACT tokens through Raydium high-frequency trading in nearly half an hour, which is in line with its founder's speculation of arbitrage trading, and "Wintermute reacted only after the price fluctuated violently, arbitrage the AMM pool".