The dYdX grant program's multi-signature address sold 294,000 DYDX through Wintermute, equivalent to about $1 million
According to on-chain analyst Yu Jin's monitoring, dYdX's funding program multi-signature address was sold by Wintermute in an OTC manner yesterday for 294,081 DYDX exchanged for 1,003,127 USDC at a selling price of $3.41. The dYdX funding program multi-signature address has received a total allocation of 3.357 million DYDX from the DYDX community treasury since January 10, 2022, with 2.729 million DYDX being sold by Wintermute and converted into stablecoins for grant funding purposes.
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