最新 冬寂 新聞與洞察 | Yellow.com

The long-anticipated altcoin season failed to materialize in 2025, not because capital stayed out of cryptocurrencies, but because it entered through channels that structurally limited where it could flow, according to market maker Wintermute. What Happened In its Digital Asset OTC Markets 2025 repo

Cryptocurrency market is heading into 2026 with a markedly different structure, as capital concentrates further into Bitcoin (BTC) and Ethereum (ETH) while the broader altcoin market continues to lag under supply pressure and weaker risk appetite, according to a new market update from Wintermute. Wh

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