# $2.08 Million Sell-off in an Altcoin: Wintermute Sells 466K Tokens

> Wintermute sold 466,255 LAPTOP for a total of $2.08 million. On-chain data platform Lookonchain reported that the Laptop Token team sent 2.5 million LAPTOP to Wintermute and the company has…

**Wintermute sold 466,255 LAPTOP for a total of $2.08 million.**

On-chain data platform Lookonchain reported that the Laptop Token team sent **2.5 million LAPTOP** to Wintermute and the company has begun selling LAPTOP on-chain. The sell-off flow indicates that a portion of the LAPTOP supply has entered the market.

Lookonchain reported the average selling price as **$4.47**.

### Wintermute’s LAPTOP sales monitored on-chain

Arkham records show repeated **LAPTOP and USDC transfers** between Wintermute and Kyber Network. These movements reveal that the sales did not consist of a single transaction and took place via multiple on-chain transactions.