2025-12-29 11:23:18

A recent on-chain event has caught attention with a major BTC movement. A leading exchange, in collaboration with well-known market maker Wintermute, carried out large-scale withdrawals and sales of millions of BTC.

This approach is not new—exchanges provide liquidity support, market makers handle market execution, and their coordinated efforts form a classic market control combo. A multi-billion dollar fund moving on the chain can significantly influence short-term price trends.

Interestingly, all of this is clearly recorded in on-chain data. Every transfer, every sale leaves traces that cannot be hidden. For those monitoring BTC liquidity and market structure, such large transactions often signal a turning point in market sentiment.

BTC-2,87%

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BoredWatcher

· 18h ago

Damn, they're at it again? A million-coin level dump show, we're just waiting to catch flying knives This move is so familiar, exchanges and Wintermute working in sync, retail investors are bound to get slaughtered On-chain data is very transparent, hard to hide even if you want to, it all depends on who can read these clues Wait, is this to smash the bottom or to absorb the chips? I really can't understand what these institutions are thinking Hundreds of millions of dollars in capital flow, short-term can indeed influence the price, but what about the long term? If this wave of selling really continues, it depends on whether retail investors will step in, feels a bit dangerous What is Wintermute playing at this time, wasn't the last loss enough? I just want to know, is this about dumping or shaking out, that's the key Although on-chain data is transparent, the interpretation rights are still in their hands, we're just passive spectators

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BrokeBeans

· 18h ago

Here we go again, are the exchanges and Wintermute playing market manipulation? They can dump millions of BTC at will—how much are they planning to crash this time? It's all on the blockchain, and there's no way to hide it. That's why I love analyzing on-chain data—it's very real. Let's wait and see. Once these big moves happen, there will be short-term volatility.

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AlgoAlchemist

· 18h ago

Why play when everything's already exposed? With such transparency on the chain, how dare they do this? --- A million coins' worth of dump, this time it's pretty harsh. --- So the key still depends on on-chain data, don't just listen to empty talk. --- Wintermute is causing trouble again, this time they've really poured out all their chips. --- Billions being dumped, can the short-term price stay still? Of course not. --- Controlling the market with a combo punch sounds intimidating, but in reality, it's clear as day when you check on-chain. --- Does this kind of operation always signal a turning point? Why do I still get caught? --- Is the cooperation in sync? Then let's just wait and watch the show. --- Transfer footprints can't be hidden; this is the most genuine market signal. --- When a million BTC move together, should retail investors run or buy the dip? --- It's the same old trick again—exchanges acting as market makers, the tactics are deep. --- On-chain data is crystal clear; who still believes the stories in the mouth?

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rugpull_survivor

· 19h ago

Throwing millions of tokens upwards, this tactic is indeed overused. On-chain data is fully exposed, still trying to deceive everyone? The old tricks are nothing new; this year, it depends on who cuts first. Wintermute's move feels like someone is about to take over again. This sense of market manipulation... why does it still feel so familiar? Whenever large transfers occur, retail investors should prepare for a cold shower. Million-token sell-offs, can you believe it? You need to check on-chain data in advance, brother. It's the same old combo, when will they come up with something new? The data is hardcoded; anyone trying to hide it is just wasting their time.

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