Pundit Alleges Binance and Wintermute Involvement in Bitcoin, Ethereum Price Crashes

Pundit Alleges Binance and Wintermute Involvement in Bitcoin, Ethereum Price Crashes

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A crypto pundit, Butcher, theorizes that major entities Binance and market maker Wintermute may be behind recent price crashes for Bitcoin and Ethereum, also linking them to the October 10 crypto market downturn.

Pundit Blames Binance and Wintermute For Bitcoin and Ethereum Price Crashes

Crypto pundit Butcher has suggested that Binance and market maker Wintermute may be responsible for the Bitcoin and Ethereum price crashes. The pundit also alluded to the October 10 crypto market crash and how both firms contributed to the crash.

In an X post, Butcher detailed a theory indicating the potential involvement of these two firms in market volatility.