# Robinhood — X 热门讨论 (2026-09-15 23:09 UTC)
## @CohassetRey (Cohasset) · 09-15 21:04 · ♥67 ↻10 💬2 A THIRD MARKET MAKER JUST ENTERED robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571.
A few days ago I saw that Wintermute + Cumberland were already sitting on millions of robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571.
Now GSR-linked activity is showing up too. The setup is getting ridiculous.
Cumberland:
> 14.7M robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 > ~$8M+ position > accumulated for more than a week > now its biggest visible bag
Wintermute:
> 3.43M+ robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 > accumulated through TWAP-style buying > still actively moving PONS through its execution wallets
Combined, those two alone control ~18.1M robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571.
And now wallets being tracked as GSR are routing multiple 250K PONS clips into KuCoin and Gate.
That would put THREE major liquidity firms around the same token:
> Cumberland > Wintermute > GSR
Three showing up around the same token starts looking like something much bigger is being prepared.
Especially when Pons keeps expanding across spot, perps and new exchange venues.
I still don’t know what they’re getting ready for.
But this is exactly why I’ve been tracking the market-maker flow instead of just watching the robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 chart.
First Wintermute.
Then Cumberland.
Now GSR.
robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 liquidity is getting institutional very fast. > 引用 @byTheGentleman: Two market makers are now sitting on 14.6M $PONS.
This is getting hard to ignore.
Cumberland:
> 11.6M $PONS > ~$7M position > buying every day for a week > 8.5M withdrawn from Gate before the latest buy
Wintermute:
> 3.43M $PONS > accumulated gradually through TWAP-style buying
Combined:
~15.03M $PONS.
And this is happening while PONS already has roughly $16.8M sitting across its Uniswap V3 liquidity pools.
One market maker showing up can be inventory.
Two of the biggest liquidity firms in crypto independently building positions around the same token is where I start paying attention.
First Wintermute. Then Cumberland.
Now I want to know what they’re getting ready for. https://x.com/CohassetRey/status/2099967492923768887
## @Alaouicapital (Alaoui Capital) · 09-15 20:51 · ♥50 ↻2 💬16 Possible dip on $IDX if you want to be allocated in one of the greatest narratives
Robinhood mentioned the index themself
0xcd4e70bfd73952123449e453f08c12e44ab89e58 https://t.co/Jj6sYyVR35 https://x.com/Alaouicapital/status/2099964454150541682
## @tomatofroots (Himas) · 09-15 20:06 · ♥54 ↻0 💬15 been digging into the $SPARK holder setup and it’s pretty loaded.
SPARK holders are set to receive 25% of the vibe/vibe token supply on Robinhood Chain, plus a free @vibevibefun mint for every 200k SPARK held.
then those Vibers can level up through ecosystem activity, while 95% of secondary fees go toward tokenized AI-stock rewards for holders.
SPARK has been an OG launchpad for infra and utility with a crazy ROI track record.
vibe/vibe feels like the next proper extension of that playbook. https://x.com/tomatofroots/status/2099953084063785253