24/07/2025
Wintermute Insider Just Leaked Market Maker Secrets π₯
A KOL on Twitter interviewed a former Wintermute employee, who exposed how one of the biggest crypto market makers actually plays the game: fake pumps, spoofing, front-running β and how they trap retail. Here's the core
Whoβs Wintermute?
A top market maker. They donβt just trade β they control the market. Mostly operate on Binance.
Liquidity β helping you π§
They dominate volumes, place fake walls, and manipulate demand. Volatility? They create it β when itβs profitable.
Spoofing is standard π
They place fake buy/sell orders. Retail reacts. Then the wall disappears β price flips, and retail loses.
They trap you like this πͺ€
Price hits resistance β they trigger a breakout β dump into it. You buy, they sell. Classic rinse.
Front-running is real β‘
With faster APIs, they see your order flow before you do.
_Can you beat them? Not with speed. But you can win by:_
* Tracking liquidity shifts
* Ignoring spoofed walls
* Front-running their narratives
* Watching wallets via Arkham
* Taking profit when the crowd goes FOMO
Full thread (https://x.com/DeFiMidas/status/1947981402471043302)
πͺ¬ _Did he really leak alpha - or is that part of the trap too?_