Binance Square
#wintermute

wintermute

580,006 views
433 Discussing
0xr1
·
--
Article
When trying to look cool on-chain costs you $160 millionIn the crypto world appearance matters . Even your wallet address can be a status symbol . Many large crypto funds and whales like to use what is called a Vanity Address a customized blockchain wallet address that starts with a specific set of readable characters instead of just random letters and numbers . It makes the project look professional and easily recognizable on the ledger . To generate these vanity addresses quickly many projects used a popular open-source tool called Profanity There was only one problem the tool's random number generator wasn't actually random Security researchers discovered a massive flaw in Profanity realizing that the keys generated by this tool could be mathematically reverse-engineered . They publicly warned the entire crypto ecosystem that anyone using these vanity addresses was a sitting duck . One of the biggest market makers in the world Wintermute was using one of these vanity addresses for their smart contract vault They knew about the warning . They were actually in the middle of migrating their funds to a safer normal wallet address But they were too late In September 2022 a hacker exploited the known Profanity flaw cracked the private keys of Wintermute's customized wallet and silently drained $160 million right before their eyes . The very tool they used to look unique and sophisticated on the blockchain was the exact digital map the hacker used to walk right into their vault . In a space where security should always come before aesthetics a multi-million dollar fund lost everything just to have a wallet address that looked clean Is the obsession with branding and looking cool in Web3 starting to compromise actual security 🤔 #Wintermute #BlockchainSafety #CryptoInfrastucture .

When trying to look cool on-chain costs you $160 million

In the crypto world appearance matters . Even your wallet address can be a status symbol .
Many large crypto funds and whales like to use what is called a Vanity Address a customized blockchain wallet address that starts with a specific set of readable characters instead of just random letters and numbers . It makes the project look professional and easily recognizable on the ledger .
To generate these vanity addresses quickly many projects used a popular open-source tool called Profanity
There was only one problem the tool's random number generator wasn't actually random
Security researchers discovered a massive flaw in Profanity realizing that the keys generated by this tool could be mathematically reverse-engineered . They publicly warned the entire crypto ecosystem that anyone using these vanity addresses was a sitting duck .
One of the biggest market makers in the world Wintermute was using one of these vanity addresses for their smart contract vault
They knew about the warning . They were actually in the middle of migrating their funds to a safer normal wallet address
But they were too late
In September 2022 a hacker exploited the known Profanity flaw cracked the private keys of Wintermute's customized wallet and silently drained $160 million right before their eyes . The very tool they used to look unique and sophisticated on the blockchain was the exact digital map the hacker used to walk right into their vault .
In a space where security should always come before aesthetics a multi-million dollar fund lost everything just to have a wallet address that looked clean
Is the obsession with branding and looking cool in Web3 starting to compromise actual security 🤔
#Wintermute #BlockchainSafety #CryptoInfrastucture .
Wintermute Cautions 'Relief Rally' Likely as Bitcoin Touches Highest Price in Weeks Wintermute Cautions 'Relief Rally' Likely as Bitcoin Touches Highest Price in Weeks. Market maker Wintermute remains cautious, suggesting that recent Bitcoin action is a relief rally rather than a fundamental market change. The cryptocurrency market continues to evolve rapidly with new developments shaping institutional and retail investor perspectives. This news reflects broader trends in the evolving digital asset landscape. Market participants are closely monitoring how regulatory framework Market implications: This development reflects broader trends in the cryptocurrency ecosystem. Institutional adoption continues to reshape traditional finance perspectives on digital assets. Blockchain technology infrastructure improvements enable new use cases across finance, gaming, and enterprise applications. Key takeaways for investors: Monitor regulatory developments and technical upgrades closely. Market reaction may vary based on investor sentiment and broader crypto market conditions. Always conduct thorough research before making investment decisions in volatile digital asset markets. Decrypt #Crypto #Wintermute #Cautions #Relief
Wintermute Cautions 'Relief Rally' Likely as Bitcoin Touches Highest Price in Weeks

Wintermute Cautions 'Relief Rally' Likely as Bitcoin Touches Highest Price in Weeks. Market maker Wintermute remains cautious, suggesting that recent Bitcoin action is a relief rally rather than a fundamental market change.

The cryptocurrency market continues to evolve rapidly with new developments shaping institutional and retail investor perspectives. This news reflects broader trends in the evolving digital asset landscape.

Market participants are closely monitoring how regulatory framework

Market implications: This development reflects broader trends in the cryptocurrency ecosystem. Institutional adoption continues to reshape traditional finance perspectives on digital assets. Blockchain technology infrastructure improvements enable new use cases across finance, gaming, and enterprise applications.

Key takeaways for investors: Monitor regulatory developments and technical upgrades closely. Market reaction may vary based on investor sentiment and broader crypto market conditions. Always conduct thorough research before making investment decisions in volatile digital asset markets.

Decrypt

#Crypto

#Wintermute #Cautions #Relief
Wintermute: The crypto market has entered the late stage of the bear market, but the true bottom may be in September to October. Are you still waiting to buy the dip? Key data: BTC breaks below $60,000, with half of the circulating supply in losses; spot Bitcoin ETF net outflows total $1.8 billion; U.S. May PCE inflation rises to 4.1%; Nasdaq continues to fall, and the Philadelphia Semiconductor Index plunges 7%. Wintermute’s core view: Market sentiment has entered extreme panic, approaching the characteristics of a bear-market bottom, but there is a lack of inflows. A true bottom requires a macro turn plus capital returning. More importantly: Strategy increases its dividend and launches a buyback, while still retaining the right to sell BTC to pay dividends. This means permanent buy-side demand is starting to shift. When do you think the bottom will be—September to October, or later? #Wintermute #熊市 #BTC #底部 # Investment Strategy
Wintermute: The crypto market has entered the late stage of the bear market, but the true bottom may be in September to October. Are you still waiting to buy the dip?

Key data: BTC breaks below $60,000, with half of the circulating supply in losses; spot Bitcoin ETF net outflows total $1.8 billion; U.S. May PCE inflation rises to 4.1%; Nasdaq continues to fall, and the Philadelphia Semiconductor Index plunges 7%.

Wintermute’s core view: Market sentiment has entered extreme panic, approaching the characteristics of a bear-market bottom, but there is a lack of inflows. A true bottom requires a macro turn plus capital returning.

More importantly: Strategy increases its dividend and launches a buyback, while still retaining the right to sell BTC to pay dividends. This means permanent buy-side demand is starting to shift.

When do you think the bottom will be—September to October, or later?

#Wintermute #熊市 #BTC #底部 # Investment Strategy
Wintermute Completes First SpaceX OTC Options Trade Crypto market maker Wintermute announced today that it has completed its first over-the-counter (OTC) options trade for SpaceX (SPCX). This marks the entry of options trading into SpaceX, the fifth largest publicly listed company globally, providing institutional investors with new risk management tools. Why it matters: The derivatives market for SpaceX has rapidly matured since its IPO, and this first OTC options trade proves that crypto-native market makers are filling the gap left by traditional finance in supplying SpaceX derivatives. #SpaceX #Wintermute #加密 #options
Wintermute Completes First SpaceX OTC Options Trade

Crypto market maker Wintermute announced today that it has completed its first over-the-counter (OTC) options trade for SpaceX (SPCX). This marks the entry of options trading into SpaceX, the fifth largest publicly listed company globally, providing institutional investors with new risk management tools.

Why it matters: The derivatives market for SpaceX has rapidly matured since its IPO, and this first OTC options trade proves that crypto-native market makers are filling the gap left by traditional finance in supplying SpaceX derivatives.

#SpaceX #Wintermute #加密 #options
·
--
Bearish
💬 Market maker Wintermute believes: "Leverage in the crypto market has essentially been liquidated for the most part. However, current market conditions may likely remain sideways for quite some time before truly entering a new bullish cycle.” $BTC #Wintermute $ETH #trading {future}(BTCUSDT) {future}(ETHUSDT)
💬 Market maker Wintermute believes:
"Leverage in the crypto market has essentially been liquidated for the most part.

However, current market conditions may likely remain sideways for quite some time before truly entering a new bullish cycle.”

$BTC #Wintermute $ETH #trading
A whale just deposited 17.566 million ENA into Wintermute, taking a hit of around $3.6 million 💸 #ENA #Wintermute #Binance
A whale just deposited 17.566 million ENA into Wintermute, taking a hit of around $3.6 million 💸

#ENA #Wintermute #Binance
Wintermute Cautions 'Relief Rally' Likely as Bitcoin Touches Highest Price in Weeks Market maker Wintermute is striking a cautious tone on Bitcoin's recent move higher, arguing that the upswing looks more like a relief rally than a genuine shift in market structure. Key takeaways: - Bitcoin tapped its highest level in several weeks, catching bearish traders offside - Wintermute flags the move as a technical bounce, not a fundamental trend change - Funding rates and spot flows still suggest caution rather than conviction - Derivatives positioning remains light, leaving room for sharp two-sided volatility The desk's read matters because Wintermute is one of the largest liquidity providers in crypto, and its framing often sets the tone for desk flow across exchanges. A relief rally typically unwinds once short covering exhausts itself, whereas a true trend change is backed by sustained spot demand and improving breadth across majors. For now, traders are watching whether BTC can hold support and build on the move, or whether this bounce fades like previous attempts. Risk management stays key in a tape that Wintermute says is still driven more by positioning than by conviction. #Bitcoin #BTC #CryptoMarket #Wintermute #ReliefRally
Wintermute Cautions 'Relief Rally' Likely as Bitcoin Touches Highest Price in Weeks

Market maker Wintermute is striking a cautious tone on Bitcoin's recent move higher, arguing that the upswing looks more like a relief rally than a genuine shift in market structure.

Key takeaways:
- Bitcoin tapped its highest level in several weeks, catching bearish traders offside
- Wintermute flags the move as a technical bounce, not a fundamental trend change
- Funding rates and spot flows still suggest caution rather than conviction
- Derivatives positioning remains light, leaving room for sharp two-sided volatility

The desk's read matters because Wintermute is one of the largest liquidity providers in crypto, and its framing often sets the tone for desk flow across exchanges. A relief rally typically unwinds once short covering exhausts itself, whereas a true trend change is backed by sustained spot demand and improving breadth across majors.

For now, traders are watching whether BTC can hold support and build on the move, or whether this bounce fades like previous attempts. Risk management stays key in a tape that Wintermute says is still driven more by positioning than by conviction.

#Bitcoin #BTC #CryptoMarket #Wintermute #ReliefRally
$BTC SLIPS UNDER $60K – WINTERMUTE FLAGS DEEPER CYCLE BOTTOM 📉 Body The Fear and Greed Index sitting at 18–24 confirms we're in extreme territory, matching historical bear market bottoms. Roughly half of Bitcoin’s circulating supply is now at an unrealized loss, yet spot ETFs have seen net outflows of about $1.8B recently—liquidity is not returning. Wintermute notes that seasonal effects make a summer bottom unlikely, with a potential true floor around September to October. The macro picture remains heavy, but structure suggests we may need one more leg down before accumulation begins in earnest. Are you building a position here or waiting for that final sweep? Not financial advice. Always manage your risk. #BTC #BearMarket #CryptoAnalysis #FearAndGreed #Wintermute ⚡
$BTC SLIPS UNDER $60K – WINTERMUTE FLAGS DEEPER CYCLE BOTTOM 📉

Body

The Fear and Greed Index sitting at 18–24 confirms we're in extreme territory, matching historical bear market bottoms. Roughly half of Bitcoin’s circulating supply is now at an unrealized loss, yet spot ETFs have seen net outflows of about $1.8B recently—liquidity is not returning.

Wintermute notes that seasonal effects make a summer bottom unlikely, with a potential true floor around September to October. The macro picture remains heavy, but structure suggests we may need one more leg down before accumulation begins in earnest.

Are you building a position here or waiting for that final sweep?

Not financial advice. Always manage your risk.

#BTC #BearMarket #CryptoAnalysis #FearAndGreed #Wintermute

$SYN Who is shorting such a massive volume, and why? Check the long/short ratio before close your position pls . Competing against market makers like #Wintermute is not easy. Be careful and don’t let retail investors get trapped. 🙏
$SYN Who is shorting such a massive volume, and why? Check the long/short ratio before close your position pls . Competing against market makers like #Wintermute is not easy. Be careful and don’t let retail investors get trapped. 🙏
$SYN thanks #Wintermute for control the price . With the remain Net 7.9M $Syn , They can make it increase 4 times from this price if they want 😂
$SYN thanks #Wintermute for control the price .
With the remain Net 7.9M $Syn , They can make it increase 4 times from this price if they want 😂
Wintermute's observations are spot on. Right now, the macro market is showcasing a sort of 'split personality': US stocks hitting all-time highs, oil skyrocketing 15% boosting inflation expectations, yet the average Joe's confidence has plummeted into the ICU. In this extremely fragmented environment, Bitcoin is somehow being propped up above $76k thanks to ETF accumulation and short squeezes. Honestly, this feels all too familiar; it's a completely irrational liquidity game. The fundamentals are crying out in pain, but the charts are partying, and shorts are likely getting chewed to bits in this 'anomalous' trend. BTC now resembles a monster that has layers of hedge and inflation expectations, moving in ways that defy logic. This serious divergence between the fundamentals and coin price is usually the prelude to a shift; in this kind of market, those recklessly opening leverage positions are pretty much becoming fodder. Do you think this wave is the ETF holding firm, or will high inflation eventually drag risk assets into a pit? #Macro #Wintermute $BTC $ETH {future}(ETHUSDT) {future}(BTCUSDT)
Wintermute's observations are spot on. Right now, the macro market is showcasing a sort of 'split personality': US stocks hitting all-time highs, oil skyrocketing 15% boosting inflation expectations, yet the average Joe's confidence has plummeted into the ICU. In this extremely fragmented environment, Bitcoin is somehow being propped up above $76k thanks to ETF accumulation and short squeezes.
Honestly, this feels all too familiar; it's a completely irrational liquidity game. The fundamentals are crying out in pain, but the charts are partying, and shorts are likely getting chewed to bits in this 'anomalous' trend. BTC now resembles a monster that has layers of hedge and inflation expectations, moving in ways that defy logic. This serious divergence between the fundamentals and coin price is usually the prelude to a shift; in this kind of market, those recklessly opening leverage positions are pretty much becoming fodder.
Do you think this wave is the ETF holding firm, or will high inflation eventually drag risk assets into a pit? #Macro #Wintermute $BTC $ETH
·
--
Bearish
One Transfer… and the Market Flinched, Sometimes it only takes a single move. #Wintermute just pushed out 17.16 million $B to Gate.io, about $6.67M in size. not absurd either… until you see what happened next. Within three hours, price slipped hard. From $0.3914 down to $0.3257, a sharp 16.8% drop. Quick, almost reactive. Like the market saw the flow and didn’t wait to ask questions. Now it’s hovering around $0.336, trying to stabilize… but the damage, at least short-term, is done. And here’s the part that stands out. After that transfer, Wintermute’s on-chain balance of #B is basically gone, down to just $33K. That’s not trimming exposure… that’s clearing it out. Whether it’s inventory rotation, client flow, or something more directional, hard to say, but the timing with the price move? Yeah, people are connecting those dots. Big transfer. Thin liquidity. Fast reaction. Doesn’t always mean intent… but it definitely leaves a mark. Address: 0x6455327F820eDD69c4Cd665b995E0fEC679d7F9E
One Transfer… and the Market Flinched, Sometimes it only takes a single move.
#Wintermute just pushed out 17.16 million $B to Gate.io, about $6.67M in size. not absurd either… until you see what happened next.
Within three hours, price slipped hard. From $0.3914 down to $0.3257, a sharp 16.8% drop. Quick, almost reactive. Like the market saw the flow and didn’t wait to ask questions.
Now it’s hovering around $0.336, trying to stabilize… but the damage, at least short-term, is done.
And here’s the part that stands out. After that transfer, Wintermute’s on-chain balance of #B is basically gone, down to just $33K. That’s not trimming exposure… that’s clearing it out. Whether it’s inventory rotation, client flow, or something more directional, hard to say, but the timing with the price move? Yeah, people are connecting those dots.
Big transfer. Thin liquidity. Fast reaction. Doesn’t always mean intent… but it definitely leaves a mark.

Address: 0x6455327F820eDD69c4Cd665b995E0fEC679d7F9E
📉 Wintermute: Macro pressures abound, why is Bitcoin stagnating? After Bitcoin recently fell to around $62,800, market sentiment remains low. Crypto market maker Wintermute provides an in-depth analysis of the current market stalemate. Key points summary: The Federal Reserve in a dilemma: Due to persistent inflation, the Federal Reserve cannot lower interest rates; at the same time, constrained by economic slowdown, it cannot raise rates further. This weakens the stimulative effect of monetary policy on the market. Increased risk-averse sentiment: Investors are starting to doubt the profitability of the AI industry, with funds flowing from high-growth stocks to physical assets like gold, industrials, and defense. Cryptocurrency is currently viewed as a high-risk asset, facing significant pressure. De-globalization trend: Trade tariffs and fragmented supply chains have led to rising raw material costs. Under the shadow of de-globalization and stagflation, market liquidity remains scarce. Weak institutional demand: Continuous outflow of funds from spot ETFs, a decline in the open interest of the derivatives market, and investors flocking to purchase put options to hedge risks. ⚠️ Key support level: Wintermute points out that after Ethereum (ETH) broke below the psychological level of $1,900, the real support range may be around $1,600. Outlook: The key in 2026 lies in the sustainability of macroeconomic transformation. If the de-globalization trend solidifies, Bitcoin will face long-term pressure; once risk appetite rebounds, the market is expected to welcome a comeback. Do you think $62,800 is a temporary bottom? Will ETH really fall to $1,600? Feel free to discuss in the comments! 👇 #Биткоин #Эфириум #Wintermute #宏观经济 #加密货币 {spot}(ETHUSDT) {spot}(BTCUSDT)
📉 Wintermute: Macro pressures abound, why is Bitcoin stagnating?
After Bitcoin recently fell to around $62,800, market sentiment remains low. Crypto market maker Wintermute provides an in-depth analysis of the current market stalemate.
Key points summary:
The Federal Reserve in a dilemma: Due to persistent inflation, the Federal Reserve cannot lower interest rates; at the same time, constrained by economic slowdown, it cannot raise rates further. This weakens the stimulative effect of monetary policy on the market. Increased risk-averse sentiment: Investors are starting to doubt the profitability of the AI industry, with funds flowing from high-growth stocks to physical assets like gold, industrials, and defense. Cryptocurrency is currently viewed as a high-risk asset, facing significant pressure. De-globalization trend: Trade tariffs and fragmented supply chains have led to rising raw material costs. Under the shadow of de-globalization and stagflation, market liquidity remains scarce. Weak institutional demand: Continuous outflow of funds from spot ETFs, a decline in the open interest of the derivatives market, and investors flocking to purchase put options to hedge risks.
⚠️ Key support level:
Wintermute points out that after Ethereum (ETH) broke below the psychological level of $1,900, the real support range may be around $1,600.
Outlook:
The key in 2026 lies in the sustainability of macroeconomic transformation. If the de-globalization trend solidifies, Bitcoin will face long-term pressure; once risk appetite rebounds, the market is expected to welcome a comeback.
Do you think $62,800 is a temporary bottom? Will ETH really fall to $1,600? Feel free to discuss in the comments! 👇
#Биткоин #Эфириум #Wintermute #宏观经济 #加密货币
$DRIFT queen for shorters dump it more we are moving in the direction of drift investersand owners as they with investers like #Wintermute are dumping it
$DRIFT queen for shorters
dump it more

we are moving in the direction of drift investersand owners as they with investers like #Wintermute are dumping it
🚨 BREAKING: HERE'S THE EXACT REASON WHY CRYPTO IS PUMPING RIGHT NOW: #Binance BOUGHT 10,527 BTC #Robinhood BOUGHT 5,715 BTC #coinbase BOUGHT 13,184 BTC #Wintermute BOUGHT 3,335 BTC #wales BOUGHT 27,185 BTC THEY ACCUMULATED $4.5B OF $BTC IN THE LAST 40 MINUTES AND PUMPED PRICE TO $79,000 THIS IS A PURE, COORDINATED PUMP!!
🚨 BREAKING:

HERE'S THE EXACT REASON WHY CRYPTO IS PUMPING RIGHT NOW:

#Binance BOUGHT 10,527 BTC
#Robinhood BOUGHT 5,715 BTC
#coinbase BOUGHT 13,184 BTC
#Wintermute BOUGHT 3,335 BTC
#wales BOUGHT 27,185 BTC

THEY ACCUMULATED $4.5B OF $BTC IN THE LAST 40 MINUTES AND PUMPED PRICE TO $79,000

THIS IS A PURE, COORDINATED PUMP!!
Article
SOL and LINK Price Analysis for November 8#Web3Wallet Most of the coins remain in the green zone; however, there are some exceptions to the rule, according to CoinStats. Top coins by CoinStats SOL/USD The rate of #Solana📈🚀🌐 ($SOL ) has risen by 1.64% since yesterday. Image by #tradingview From the technical point of view, the rate of SOL is trading sideways as the price is in the middle of the channel, between the support of $38.41 and the resistance of $46.90.  As neither bulls nor bears have seized the initiative yet, consolidation in the area of $40-$45 is the more likely scenario for the next few days. SOL is trading at $42.62 at press time. LINK/USD  $LINK is more of a gainer than SOL, rocketing by 7.22%. Image by TradingView Unlike SOL, the price of #link keeps rising, setting new local peaks. If today's bar closes near the $14 mark, the rise may continue to the nearest resistance area of $15. Such a scenario is relevant until mid-November. LINK is trading at $13.68 at press time.#Wintermute

SOL and LINK Price Analysis for November 8

#Web3Wallet Most of the coins remain in the green zone; however, there are some exceptions to the rule, according to CoinStats.
Top coins by CoinStats
SOL/USD
The rate of #Solana📈🚀🌐 ($SOL ) has risen by 1.64% since yesterday.
Image by #tradingview
From the technical point of view, the rate of SOL is trading sideways as the price is in the middle of the channel, between the support of $38.41 and the resistance of $46.90.
As neither bulls nor bears have seized the initiative yet, consolidation in the area of $40-$45 is the more likely scenario for the next few days.
SOL is trading at $42.62 at press time.
LINK/USD
$LINK is more of a gainer than SOL, rocketing by 7.22%.
Image by TradingView
Unlike SOL, the price of #link keeps rising, setting new local peaks. If today's bar closes near the $14 mark, the rise may continue to the nearest resistance area of $15. Such a scenario is relevant until mid-November.
LINK is trading at $13.68 at press time.#Wintermute
#Wintermute launches OTC trading for tokenized gold The $2B+ daily volume market maker is now offering institutional OTC access to PAXG and XAUT, bringing blockchain-settled gold exposure to its client base. With tokenized gold sitting around $5.4B today and projected to reach $15B, the push signals growing demand for real-world assets moving on-chain.
#Wintermute launches OTC trading for tokenized gold

The $2B+ daily volume market maker is now offering institutional OTC access to PAXG and XAUT, bringing blockchain-settled gold exposure to its client base.

With tokenized gold sitting around $5.4B today and projected to reach $15B, the push signals growing demand for real-world assets moving on-chain.
Article
COINRANK EVENING UPDATE#ZEC plunges over 18% intraday after the entire ECC team, the support organization for Zcash, resigned. #Sei warns: USDC.n holders must exchange for native USDC tokens before the planned upgrade. Analysis: The "1011" crash forced market makers to hold large amounts of tokens, pushing market liquidity to its lowest level since 2022. Federal Reserve Governor Milan: Expects approximately 150 basis point rate cuts in 2026. #Wintermute CEO: Project investment approval rate in 2025 is only 4%, marking the end of the "broad-based investment" approach. #CoinRank #GN

COINRANK EVENING UPDATE

#ZEC plunges over 18% intraday after the entire ECC team, the support organization for Zcash, resigned.
#Sei warns: USDC.n holders must exchange for native USDC tokens before the planned upgrade.
Analysis: The "1011" crash forced market makers to hold large amounts of tokens, pushing market liquidity to its lowest level since 2022.
Federal Reserve Governor Milan: Expects approximately 150 basis point rate cuts in 2026.
#Wintermute CEO: Project investment approval rate in 2025 is only 4%, marking the end of the "broad-based investment" approach.
#CoinRank #GN
·
--
Bullish
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number