The demon coin $MYX skyrocketed 100%, and indeed woke up to a liquidation of #加密市场反弹 . The market maker's methods are very aggressive, you are impressive.
Wintermute
Accumulated $4.3 million in liquidity in the MYX/ETH pool on Uniswap V3 (accounting for 62% of the total pool), and concentrated funds injection 48 hours before the zero gas fee upgrade on July 15.
The same address amplified market-making capital through circular borrowing (collateralizing ETH on Aave to borrow USDC), with a leverage ratio exceeding 3 times.
Motivation link:
Wintermute is the official liquidity partner of the Mantle ecosystem, and the strategic cooperation between MYX and Mantle incentivizes maintaining price stability.
Amber Group
During the surge of MYX, it boosted the price through multiple accounts:
In conjunction with Wintermute, long positions were opened in Bybit perpetual contracts (with a peak open interest of $12 million), achieving joint manipulation of spot and futures.
Motivation link:
Amber is an early investor in MYX (participated in the Series A round in 2024) and has a profit-taking demand.