Wintermute Emerges as Key PONS Holder

ChainCatcher reported that Arkham, an on-chain data analysis platform, has marked 24 million dollars' worth of PONS tokens ($0.72 each) as belonging to Wintermute, a market maker.

This makes Wintermute a significant new holder of PONS, the native token of Robinhood Chain's Meme Coin launchpad Pons.

According to Arkham, Wintermute seems to be gradually buying PONS through a time-weighted strategy and may prepare to provide liquidity for the token on-chain.