Update: Binance exchange order book metrics show $1b of Bitcoin was sold on an illiquid Saturday to manifest the Wyckoff.
However their wallet balance still reflects 631k $BTC proving it is synthetic trading, spoofing and manipulation using user funds, not actual Bitcoin on chain.
Question for @SECPaulSAtkins and @HesterPeirce. How come Binance are sending 10's of 1000s of Solana $SOL tokens to Wintermute marker maker daily and 1000s of $ETH tokens but they report having no $SOL or $ETH tokens in their proof of reserves outside customer funds? They report 100% of their holdings are customer funds.
Are these customer assets? See for yourselves.
https://t.co/QOYlFXKKhe
https://t.co/R5hxnvCZyQ
MM Update: This explains how crypto prices move. Its all on chain and coded to liquidate traders.
You can learn by following the Binance Liquidation Levels I post. Wait for them to liquidate the 100x and 50x red and yellow lines. Then trade. Patience is key and not falling for media narritives.