🎯😵💫 Market maker Wintermute manipulates the market.
Wintermute is one of the largest market makers on Binance.
🟢Wintermute's scheme: Buys tokens in early stages at a discount → dumps at the peak → crashes the price → buys back for pennies.
🟢The recent crash of ACT and other tokens is a typical example of its behind-the-scenes game.
🟢Another example: Wintermute made $3m on the unpegging of the stablecoin FDUSD, buying 31m tokens for $0.87 on news of insolvency.
🟢Out of 27 listings on Binance in 2025, only 3 tokens are in profit. The average loss of tokens is -44%.
🟢Wintermute's CEO himself said: "We are not a charity, our goal is to extract maximum profit from the market".
🟢"Binance and Wintermute control the game. And ordinary traders are just prey".
🐳 — market thugs
