Binance executed transactions amounting to 20 million USD, including 70.9 BTC, 1,701 ETH, and 20,973 SOL to Wintermute. This raised allegations of market manipulation and exploitation of retail traders, as suggested by analysts and observers.
The crypto community is pressing for more accountability from Binance and Wintermute. Analysts claim that such transactions undermine market integrity and call for greater transparency regarding the practices employed by exchanges in dealing with market makers.
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