Notably, Wintermute’s portfolio across Ethereum, Arbitrum, and Solana fell by about $65 million following the crash, though no on-chain patterns indicated forced liquidations or large withdrawals. Binance, for its part, had acknowledged system overloads at the time but denied any preferential treatment or technical fault that could have led to any unfair losses.
At the time of writing, Bitcoin is trading at $104,502, down by 2.8% in the past 24 hours. Ethereum is trading at $3,490, down 6.0% in 24 hours. Dogecoin is trading at $0.1618, down 6.8% in 24 hours.
