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Alex.base.eth
@alex7xx
#opinion 🎯 StarPlatinum: Market maker Wintermute manipulates the market. Wintermute is one of the largest market makers on Binance. ◽️Wintermute's scheme: Buys tokens at an early stage at a discount → dumps at the peak → collapses the price → buys them back for pennies. ◽️The recent collapse of #ACT and other tokens is a typical example of his behind-the-scenes game. ◽️Another example: Wintermute earned $3m on the unpegging of the #FDUSD stablecoin, buying up 31m tokens for $0.87. (on the news of insolvency) ◽️Out of 27 listings on Binance in 2025, only 3 tokens are in the plus. Average loss of new tokens = -44%. ◽️Wintermute CEO himself openly said: "We are not a charity, our goal is to extract maximum benefit from the market." ◽️"Binance and Wintermute control the game. And ordinary traders are just prey."
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