This article outlines the MEME coin holdings of five cryptocurrency market makers, collectively holding over $120 million worth of MEME coins. Among them, Wintermute has the largest holdings and covers the most popular projects, with several of its held MEME coins successfully listed on Binance. The holdings of other institutions are relatively smaller, mainly consisting of established MEME coins like PEPE and SHIB.

This article explains what a market maker is, why the market needs market makers, the DWF event, and its impact on the industry from the perspective of a "senior retail investor" (God's eye view) who is already capable of "rational" analysis.

This article will explain what a market maker is from the perspective of Web3 projects, why we need market makers, the DWF event, the main operational models of crypto market makers, as well as the risks and regulatory issues involved.

Some market makers are reducing their risk exposure, while others are diversifying their business.

As key participants in the cryptocurrency market, market makers play an important role in maintaining market liquidity, improving market efficiency, and reducing costs.