👀 Is Wintermute Manipulating the Market?
Online speculation is growing that the recent crypto market decline may be partly linked to market manipulations by the market maker (MM) Wintermute.
It’s suggested that the MM could be selling $BTC and $ETH worth hundreds of millions of dollars, putting additional downward pressure on the assets 🐻.
Meanwhile, #bitcoin has dropped below $84,000, and #Ethereum is trading around $2,800.