Centralized Exchanges send assets to Market Makers/liquidity providers (Wintermute) to sell and lower the price in order to buy back at a lower price, why are they manipulating the market to their heart's content? Is there no regulation governing them?

https://intel.arkm.com/dashboards/view?dashboardID=1a7ea732-1024-4984-8930-2b37e4949ded