Summary
- Cryptocurrency market maker Wintermute stated that it criticized the famous whale James Wan as a marketing campaign for Hyperliquid.
- James Wan claimed that Wintermute was the reason for his liquidations in the futures market, raising concerns about potential price manipulation.
- Due to this public dispute, market participants emphasized the need for caution when trading with related market makers.
Virtual asset (cryptocurrency) market maker Wintermute openly criticized the famous whale 'James Wan' of Hyperliquid (HYPE).
On the 2nd (local time), Wintermute stated on X (formerly Twitter), "James Wan is amazing. His tweets are amazing too," adding, "However, he seems to be nothing more than a marketing campaign for Hyperliquid."
This public jab from Wintermute was prompted by James Wan’s claim that Wintermute was behind the numerous liquidations he faced in the futures market.
The previous day, James Wan provoked Wintermute by tagging them on X with a tweet saying, "I'm back." He then asserted, "As soon as I entered a long position, the hunt began," and claimed, "Intentional price manipulation is taking place."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
