#BTC Price manipulation of BTC. Here is the information obtained from platform X:

Market Maker (MM) Update:

Coinbase and Binance send 520 BTC to Wintermute to force (flush) the level of $81,800.

In my opinion (IMO), they will seek the liquidity level (ow level) at $81,000.

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Explanation:

• Market Maker (MM): These are participants who provide liquidity to the market by placing buy and sell orders to facilitate trading.

• Wintermute: It is a company known for acting as a market maker in the crypto market, with access to large liquidity.

• Flush $81,800: “To give a flush” in this context means to force the price to cross a certain level, likely to trigger stop orders or seek liquidity.

• 520 BTC sent: The author points out that 520 bitcoins were sent from Coinbase and Binance to wallets controlled by Wintermute — indicating a possible coordinated action to move the price.

• $81,000 as “ow level”: The term “ow level” is probably an informal way or a typo for “low level” or liquidity level — meaning a price level where there are many pending orders, usually stops.

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What does this suggest for the trader?

The author believes that large players (Coinbase, Binance, Wintermute) are trying to push the price of Bitcoin down to $81,000 to capture liquidity (e.g., stop-loss orders from traders who bought at higher levels).