Cryptocurrency critic Wimar alleges virtual currency exchanges are rigged bitcoin pricewhich caused a crash from the 2026 high. This comes amid the latest developments in Trump tariffs, which also caused a drop in the flagship cryptocurrency.
Cryptocurrency experts accuse crypto exchanges of manipulating Bitcoin prices
in ×postWimar claimed that cryptocurrency exchanges are manipulating Bitcoin prices. He pointed out that BTC plummeted from $95,500 to $91,900 without any news. Critics claimed that this was the same script over and over again. Leading cryptocurrency rises from $89,000 Just like when it rose from $85,000 to $88,000 and then fell to $84,000, it rose to $95,000 and now it has fallen to $91,000.
Wimar claimed that this is a liquidity hunt and alludes to flows to prove that the Bitcoin price is being manipulated. Within minutes Wintermute, Binance, Coinbaseall wallets linked to the ETF were active at the same time. It is said that large blocks were moved from exchange to exchange, huge buys in the market hit thin books, and then these tokens were dumped just as quickly.
Cryptocurrency experts also highlighted Arcam’s data and pointed out that the flows tell the true story. Wimar claimed that the coins moved to exchanges immediately after the pump, but said this was no coincidence. The expert further stated: These cryptocurrency exchanges Wait until you are in a situation where liquidity is low, leverage is high, and funds are scarce.
Wimar claimed that these crypto exchanges implement the same strategy every time, first rapidly pushing up the Bitcoin price on a thin book to trigger FOMO, and then liquidating short sales. individual investor According to experts, people look at green candlesticks and open long positions because the price movement looks like a breakout, but they fall into a trap.
Wimar said that once enough people get hooked on leverage, the coin hits a cryptocurrency exchange and a sell-off begins. Bitcoin price crash. Experts accused these exchanges of dumping freshly created demand, forcing new long traders to liquidate, and denying news to both long and short traders.
BTC’s current price movement is not based on headlines
Wimar further blamed crypto exchanges for the Bitcoin price crash and said that BTC does not move this way because of headlines. He argued that moves like this happen because leverage is high and someone decides it’s a “payday.” Therefore, experts suggested that: President Trump’s tariff concerns That’s not what’s causing the recent market crash.
President Trump announces new tariffs It took place over the weekend in France, the United Kingdom, the Netherlands, Denmark, Germany, Sweden, Finland and Norway. The price of Bitcoin remained unchanged after the announcement, but then began to fall. report The European Union (EU) is reportedly considering retaliatory tariffs.
At the time of writing, Bitcoin price was trading at around $90,900, having fallen more than 2% in the past 24 hours. data From CoinMarketCap.
Featured image from Pixabay, chart from Tradingview.com
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