@SaniExp@MichaelOnBTC that doesnt sound logic.
Even buying via OTC, cutting off a part of circulation btc supply does have a positive force on the price.
@rajatsoni and instead of owning a house, you own something grow 5 times faster than the house, and yes, that asset can always give you an option to where purchase or rent a house anytime in the future. So, who goes for the house?
@rajatsoni To this point, i do think it's more profitable to rent a house rather than financing it. (if you have 0 house)
Think about it, cheaper monthly payment, no liability, no property tax, zero fuck given if a disaster or war happened, if something goes wrong, you call the dude.
Massive rumors around Wintermute vs Binance after the October crash 🚨
Here’s what’s happening:
People is now claiming that Wintermute, one of crypto’s largest market makers is preparing to sue Binance
Over unfair ADL executions during the October 10 crash that liquidated nearly $19–20B in positions.
Binance confirmed system overloads and massive ADL triggers
but denied any preferential treatment or internal errors.
Wintermute’s CEO, Evgeny Gaevoy, said they are “evaluating legal options.”
no official lawsuit has been filed for now
The October Crash:
• Over $19B liquidated in 24h
the biggest single day liquidation in crypto history
• Triggered by Trump’s announcement of 100% tariffs on Chinese imports.
• Binance’s APIs failed, Reduce-Only orders rejected (HTTP 503).
• ADL triggered automatic short liquidations up to 5x above market price.
• Binance spent $188M from its insurance fund and refunded $283M for oracle depegs (ADL not included).
Wintermute’s 10 tracked wallets across Ethereum, Arbitrum, and Solana show:
• Portfolio dropped from $637M → $572M, roughly –$65M (–12%).
• No large withdrawals (≥ $10M) or liquidation patterns detected.
• No significant interactions with liquidation contracts (Aave, Compound).
• A single 1,000 BTC inflow (~$61M) on Oct 4
No lawsuit for now
But one thing’s clear
after the October crash, no one fully trusts centralized exchanges anymore.