Including the encrypted market maker map.

A hidden利益 chain gradually comes to light, and the dark secrets behind it are more shocking than imagined...

In this dark forest of market makers, it is difficult to hold the bottom line; pretentious scumbags are always more attractive than honest and straightforward people.

As a top player in the global financial market, how will Citadel Securities' entry change the landscape of the cryptocurrency market? What opportunities and challenges will it bring?

This article outlines the MEME coin holdings of five cryptocurrency market makers, collectively holding over $120 million worth of MEME coins. Among them, Wintermute has the largest holdings and covers the most popular projects, with several of its held MEME coins successfully listed on Binance. The holdings of other institutions are relatively smaller, mainly consisting of established MEME coins like PEPE and SHIB.

How to determine whether a market maker is truly participating in market making?

After market makers like Gotbit were accused by U.S. regulators, Cumberland DRW was also sued by the U.S. SEC. In the face of the SEC's regulatory crackdown, Cumberland DRW responded directly that it will not change its business operations and is already prepared to defend itself again.

Are meme and crypto market makers the focus of regulatory crackdowns?

Recently, U.S. regulators teamed up to use sting operations to catch several market makers, including Gotbit, and filed charges of market manipulation and fraud, marking the first case of its kind.

The bull market may return in early next year, as crypto assets, being high-risk assets, typically start to gain momentum in the latter half of interest rate cuts.