Binance and Coinbase are dumping millions in $ETH to Wintermute.
Why? Same old game.
Wipe out overleveraged longs → trigger liquidations → buy back cheaper → pump it again.
In just the past hour:
Over $21M in $ETH sent from exchanges to Wintermute
Massive $SOL transfers too
Timing perfectly with today’s market flush
This isn’t random. It’s liquidity engineering 101.
If you’re wondering why prices nuke just before major bounces — this is it.
The market doesn’t just move. It gets moved.
Smart money creates the dips.
Retail gets liquidated.
Then the cycle resets.
Stay sharp. Don’t be exit liquidity.