*Wintermute Insider Just Leaked Market Maker Secrets 🔥*
A KOL on Twitter interviewed a former Wintermute employee, who exposed how one of the biggest crypto market makers actually plays the game: fake pumps, spoofing, front-running — and how they trap retail. Here's the core
*Who’s Wintermute?*
A top market maker. They don’t just trade — they control the market. Mostly operate on Binance.
*Liquidity ≠ helping you 💧*
They dominate volumes, place fake walls, and manipulate demand. Volatility? They create it — when it’s profitable.
*Spoofing is standard 🎭*
They place fake buy/sell orders. Retail reacts. Then the wall disappears — price flips, and retail loses.
*They trap you like this 🪤*
Price hits resistance → they trigger a breakout → dump into it. You buy, they sell. Classic rinse.
*Front-running is real ⚡* ️
With faster APIs, they see your order flow before you do.
_Can you beat them? Not with speed. But you can win by:_
* Tracking liquidity shifts
* Ignoring spoofed walls
* Front-running their narratives
* Watching wallets via Arkham
* Taking profit when the crowd goes FOMO
Full thread (https://x.com/DeFiMidas/status/1947981402471043302)
🪬 _Did he really leak alpha - or is that part of the trap too?_