Latest Wintermute News and Insights | Yellow

Cryptocurrency market is entering a holding pattern as traders rotate out of directional bets and into yield-driven, delta-neutral strategies ahead of a closely watched Federal Reserve decision that Wintermute says is likely to dictate whether Bitcoin breaks toward $85,000 or $100,000 into year-end.

A wave of liquidations sent multiple tokens crashing today, igniting speculation across crypto circles. Contrary to initial theories, this wasn’t a coordinated sell-off by market makers like Wintermute - it was a structural meltdown triggered by a quiet margin update from Binance. For days, the mark