According to Ai 姨 (@ai_9684xtpa), market maker Wintermute has transferred 5.19 million LAYER tokens, valued at over $11.67 million, from Binance to OKX within the past two hours. The average transfer price was $2.24, while the current price stands at $2.28. This significant liquidity migration suggests increasing trading opportunities and potential price stability for LAYER around the $2 mark on OKX. Traders should monitor order book depth and price action on OKX as LAYER establishes itself on the new exchange (Source: Twitter @ai_9684xtpa).

According to Ai 姨 (@ai_9684xtpa), Wintermute has been identified as the market maker for the LAYER token. This partnership is likely to enhance liquidity and improve price efficiency in trading LAYER, benefiting traders by potentially reducing spread and increasing trade execution speed. The tweet references a link for further details on the market-making activities.