Oh, great. Another day, another crypto pundit (let’s call him Wimpy Wimar, because why not?) claiming that crypto exchanges are basically playing Monopoly with Bitcoin prices. According to Wimpy, these exchanges are manipulating the market like a boss, causing Bitcoin to crash harder than my self-esteem after a bad hair day. And guess what? This all allegedly happened right after the Trump tariffs drama, which apparently also made Bitcoin sad. Who knew tariffs could be such a buzzkill?
Wimpy Wimar Calls Out Crypto Exchanges for Their “Greatest Hits” Playlist
In a totally not dramatic X post, Wimpy Wimar declared that crypto exchanges are running the same playbook over and over. Bitcoin goes up, Bitcoin goes down-it’s like a bad rom-com, but with more money involved. Wimpy pointed out that BTC dropped from $95,500 to $91,900 faster than I can finish a slice of pizza. No news, no reason, just pure chaos. He calls it a “liquidity hunt,” which sounds like something a vampire would do if they were into finance.
Apparently, Wintermute, Binance, Coinbase, and some ETF-linked wallets were all having a party at the same time, moving big blocks of Bitcoin around like it’s a game of hot potato. Wimpy claims they pump the price to trigger FOMO (Fear Of Missing Out, for the uninitiated), then dump it faster than I dump a bad date. Retail investors, bless their hearts, see the green candles and think, “Oh, it’s a breakout!” Spoiler alert: it’s a trap.
Wimpy also brought receipts, citing Arkham data to prove his point. He says coins move into exchanges right after the pump, which is totally not suspicious at all. According to him, these exchanges wait for the perfect moment-low liquidity, high leverage, and stretched funding-to strike. It’s like they’re financial ninjas, but less cool and more shady.
Once everyone’s stuck in leverage, the selling starts, and Bitcoin crashes harder than my New Year’s resolutions. Wimpy accuses these exchanges of dumping into the demand they just created, liquidating fresh longs, and basically farming both long and short traders. All this with no news? Sounds like a soap opera, but with more spreadsheets.
Bitcoin Doesn’t Care About Your Headlines, Karen
Wimpy doubled down, saying Bitcoin doesn’t move because of headlines. It moves because someone decided it’s “payday.” So, apparently, the Trump tariffs drama isn’t the real culprit here. Trump announced tariffs on basically every country in Europe, and Bitcoin was like, “Whatever, I’m fine.” But then the EU threatened to retaliate, and Bitcoin was like, “Oh no, I’m not fine.” Drama queen, much?
At the time of writing, Bitcoin is chilling at around $90,900, down over 2% in the last 24 hours. Thanks, CoinMarketCap, for the update. Meanwhile, I’m over here wondering if I should invest in Bitcoin or just buy more pizza. Decisions, decisions.
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2026-01-20 19:38