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Crypto crash triggered by TradFi events, says Wintermute CEO

February 3, 2025 by DIGIT
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Over $2 billion in crypto was liquidated after Trump’s tariffs fueled market panic, with Wintermute’s CEO attributing the crash to TradFi, not crypto insiders.

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  • bitcoinBitcoin(BTC)$64,420.00-9.74%
  • ethereumEthereum(ETH)$1,895.03-10.08%
  • tetherTether(USDT)$1.000.09%
  • binancecoinBNB(BNB)$618.09-11.00%
  • rippleXRP(XRP)$1.26-13.09%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$76.60-15.54%
  • tronTRON(TRX)$0.269889-4.11%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%
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  • bitcoinBitcoin(BTC)$64,420.00-9.74%
  • ethereumEthereum(ETH)$1,895.03-10.08%
  • tetherTether(USDT)$1.000.09%
  • binancecoinBNB(BNB)$618.09-11.00%
  • rippleXRP(XRP)$1.26-13.09%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$76.60-15.54%
  • tronTRON(TRX)$0.269889-4.11%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%