BTCUSDT MM Update: #Binance flushing the market on Tariff narritive - BTC prob $102500-103500 and SOL $230 liquidation level will be flushed using #Wintermute ($6.6mSOL sent 20min ago) then #Coinbase will bounce it using #Wintermute ($3mUSDC sent 6min ago) together with $5mUSDC to #Wintermute on Solana 1 min ago. Watch it play out in real time.
The thought of bank run on USDC is scary. No one wants to be left holding the bag, so expect a messy situation at least until tradfi reopens on Monday morning