Are Crypto Exchanges Manipulating The Bitcoin Price Crash?
Crypto pundit Wimar has claimed that crypto exchanges are manipulating the Bitcoin price, inflicting it to crash from its 2026 high. This comes amid latest developments with the Trump tariffs, which have prompted the flagship crypto to additionally decline.
Crypto Pundit Accuses Crypto Exchanges Of Manipulating Bitcoin Price
In an X post, Wimar asserted that crypto exchanges are manipulating the Bitcoin value. He famous how BTC simply dumped from $95,500 to $91,900 with no information. The pundit claimed it’s the similar script, again and again, because the flagship crypto rose from $89,000 to $95,000 and has now fallen to $91,000, simply because it did when it rose from $85,000 to $88,000 after which fell to $84,000.
Wimar claimed that this can be a liquidity hunt, alluding to the flows to show that the Bitcoin value is manipulated. He famous that inside minutes, Wintermute, Binance, Coinbase, and ETF-linked wallets have been all lively concurrently. Large blocks have been stated to have moved from trade to trade, with big market buys hitting skinny books, after which, simply as quick, these tokens have been dumped.
The crypto pundit additionally highlighted Arkham information, noting that the flows inform the true story. Wimar claimed that cash transfer into exchanges proper after the pump, which he said will not be a coincidence. The pundit additional remarked that these crypto exchanges watch for a setup the place liquidity is low, leverage is high, and funding is stretched.
Wimar asserted that these crypto exchanges run the identical play each time, the place they first pump the Bitcoin value quick on skinny books to set off FOMO after which liquidate shorts. Retail investors then see inexperienced candles and open lengthy positions as a result of the worth motion seems to be a breakout, however they fall into the lure, in response to the pundit.
Wimar said that after sufficient persons are caught in leverage, the cash hit crypto exchanges and promoting begins, resulting in a Bitcoin price crash. The pundit accused these exchanges of dumping into the demand they only created, forcing recent longs to get liquidated and farming each lengthy and quick merchants with no information.
BTC’s Current Price Action Isn’t Based On Headlines
Wimar doubled down on his accusation of crypto exchanges being liable for the Bitcoin value crash, stating that BTC doesn’t transfer like this due to headlines. He claimed that it strikes like as a result of leverage piles up, and somebody decides it’s “payday.” As such, the pundit urged that the Trump tariffs fears aren’t what’s sparking this latest market crash.
Trump had announced fresh tariffs on France, the U.Ok., the Netherlands, Denmark, Germany, Sweden, Finland, and Norway over the weekend. The Bitcoin value had remained unchanged following the announcement, however started to crash following reports that the European Union (EU) was contemplating retaliatory tariffs.
At the time of writing, the Bitcoin value is buying and selling at round $90,900, down over 2% within the final 24 hours, in response to data from CoinMarketCap.
Featured picture from Pixabay, chart from Tradingview.com
