Crypto pundit Wimar said crypto exchanges are tricky Bitcoin pricecausing it to crash from its peak in 2026. This comes amid recent developments on Trump’s tariffs, which have caused the flagship crypto to fall as well.
Crypto Pundit Accuses Crypto Exchange of Manipulating Bitcoin Price
In an X postWimar asserted that crypto exchanges use the price of Bitcoin. He noted how BTC recently dropped from $95,500 to $91,900 without news. The pundit said it is the same script, over and over again, as the flagship crypto rose from $89,000 to $95,000 and now it’s down to $91,000, just like it did when it went up from $85,000 to $88,000 and then down to $84,000.
Wimar said that this is a hunt for liquidity, referring to the flow of proof that the price of Bitcoin is used. He noted that within minutes, Wintermute, Binance, Coinbaseand mutual funds linked to ETFs were all active simultaneously. Large blocks are said to move from exchange to exchange, with large market purchases hitting small books, and then, just as quickly, these tokens are discarded.
The crypto pundit also highlighted Arkham’s data, noting that the flow tells the real story. Wimar said that the coins were exchanged right after the pump, which he said was not a coincidence. The professor also noted that this crypto exchange wait to set up when liquidity is low, power is high, and funding is stretched.
Wimar asserted that these crypto exchanges are playing the same game every time, where they start pumping the amount of Bitcoin quickly into small books to trigger FOMO and eliminate shorts. Retail investors then you see green candles and open long positions because the price action seems to be a breakout, but it falls into a trap, according to the pundit.
Wimar said that once enough people get hooked, the coins enter crypto exchanges and trading begins, resulting in Bitcoin price crash. The professor accused these exchanges of tapping into the demand they had just created, forcing them to liquidate and cultivate long and short traders without news.
Current BTC Price Action is Not Based on Topics
Wimar doubled down on his accusations that the crypto exchange is responsible for the fall in the price of Bitcoin, saying that BTC does not move like this because of headlines. He said this is going to be like the power is accumulating, and someone has decided it’s “payday.” So, the pundit suggested that Trump tariffs fear They are not the cause of this recent market crash.
Trump had announced new rates in France, the UK, the Netherlands, Denmark, Germany, Sweden, Finland and Norway over the weekend. The price of Bitcoin remained unchanged following the announcement, but began to decline in the aftermath reports that the European Union (EU) was considering retaliatory tariffs.
At the time of writing, the price of Bitcoin is trading around $90,900, down more than 2% in the last 24 hours, according to data from CoinMarketCap.
Featured image from Pixabay, chart from Tradingview.com
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