Today will be marked as one of the most turbulent days in the recent history of the cryptocurrency market.
In just one hour, more than one billion and seven hundred million dollars in leveraged positions were liquidated, plunging the sector into absolute chaos.
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Analysts, like Marty, pointed directly to Binance and Wintermute as responsible, calling the episode the Binance Royal Flush.
The trust in the integrity of the operations of large exchanges is being questioned like never before.
And it didn't stop there. On the same day of the crisis, Binance and Bybit announced the delisting of the NEIROETH token.
What raised even more suspicions was the movement of large volumes of this token by Trend Research, one of the largest holders, just before and after the announcement.
Coincidence… or insider information? Many see this as a calculated manipulation to liquidate assets before the liquidity drought that was forming.
The result was a liquidity vacuum that hit traders hard.
Forced to seek alternatives, many ended up being liquidated.
The suspicion is clear: Trend Research may have taken advantage of the timing to dispose of its position without being swallowed by the crisis.
For investors, the message is a red alert: maximum caution and in-depth analysis are indispensable.
And I ask you: manipulation… is it an exception or has it already become the rule in the crypto world?