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1KbDEg1tDz2ErYgaDbaDhhawnLrSQFaFx5
This address is the Binance deposit address for the market maker Wintermute.
Over the past two years, this address has received 1.25 million BTC for dumping. Where did so many coins come from? They are all coins deposited by exchange users to the platform, which are then transferred to WM through the exchange's white gloves, and then the market maker re-deposits them back into the exchange to dump.
From the data, Wintermute dumps an average of over a thousand BTC daily, and at times five to six thousand BTC, while WM only buys a few dozen to a hundred BTC daily, just for show.
In other words: "The Bitcoin deposited by users has been dumped by the exchange through the market maker at least twice."
With such a large volume, can we say Binance is unaware?
I think the second saint should come out and clarify the source of these coins, stating that they are not colluding with WM.
Moreover, this is a serious criminal act, regardless of the jurisdiction of the exchange.
Feel free to take screenshots and share.

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