Report Links $2.08M in LAPTOP Sales to Wintermute-Tagged Wallet
Onchain tracker Lookonchain reported that a wallet Arkham labels as Wintermute received part of a 2.5 million LAPTOP token team allocation and sold 466,255 tokens for about $2.08 million at an average price of $4.47 on the token's launch day. Separately, trader Jaider Hurtado said Aerodrome and Uniswap pools opened with little liquidity and that an observed displayed price fell roughly 98% within under an hour of trading.
Why It Matters
The movement of project-allocated tokens to a wallet tied by an analytics provider to a market maker, combined with a steep early price collapse and sparse launch pools, highlights how launch-day token flows and liquidity conditions can strongly affect short-term market outcomes for holders.
Key Facts
- lookonchain finding: Address received part of a 2.5 million LAPTOP team allocation
- wallet-tag: Address labelled by Arkham as Wintermute (0x4B3F…1f2a)
- tokens-sold: 466,255 LAPTOP
- sale-value: about $2.08 million
- average-sale-price: $4.47 per LAPTOP
Onchain analyst Lookonchain traced a portion of Laptop Token's team allocation to a single wallet that Arkham analytics attributes to Wintermute. According to Lookonchain, the address received part of a 2.5 million LAPTOP allocation and sold 466,255 tokens on the token's launch day, realizing roughly $2.08 million at an average price near $4.47. Arkham's label identifies the wallet as 0x4B3F…1f2a.
The retained sources do not disclose the nature of the relationship between Wintermute and the Laptop Token project. Lookonchain's tracing supports that the tokens originated from a team allocation and quantifies the sales, while Arkham provides only the wallet attribution; neither source confirms whether the address was trading on behalf of Wintermute, executing under a market-making mandate, or acting for another party.
Separately, trader Jaider Hurtado documented very thin liquidity at launch, saying Aerodrome and Uniswap pools "opened nearly empty." He recorded the displayed price moving from $316.75 at 12:03 UTC to about $6 at 12:40 UTC — a decline of roughly 98% — and noted about $10 million of volume in the first hour despite the low initial pool depths. The available evidence does not establish that the sales traced by Lookonchain flowed through the Aerodrome or Uniswap pools Hurtado described.
The tagged wallet still held a substantial balance after the reported disposals. Arkham showed 200,745 LAPTOP remaining at the address, and BaseScan listed 200,744.99999998 LAPTOP at the same wallet. These on-chain observations together sketch the token movements and liquidity conditions that characterized Laptop Token's opening trading period.
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