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Clix
@clix81ne
•onchain artist •project reasercher
Joined April 2024
2K Following    4.7K Followers
Mando breaks down why having a market maker like Wintermute holding your token isn’t necessarily a bullish signal “People always say they're accumulating for a listing. No, what happens is either part of the team or one big holder sells them two or 3% of the coin” “Then they take a position in perps and they spend the whole day like running people up and then smashing it lower” “They are delta neutral but delta neutral means that they can also move the market” “So yeah, be very very wary if they're involved in your coins”
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