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Market maker Wintermute makes money even with meme coins! Why do retail investors always buy when 67% of tokens fall? SOL's ecosystem is worse than ETH's.
Is Wintermute, a well-known market maker, driving the market liquidity or becoming a harvester for retail investor? 67% of the tokens in which Wintermute participated, with an average return of -26% over the past year, with meme coins within the Solana ecosystem performing particularly badly. Is this game an opportunity for Retail Investor, or a trap that cannot be turned over? The rules of the market were never designed for retail investor, and the winner of this game will always be the professional players. (Synopsis: Kaspa Appoints DWF Labs as Market Maker Next $KASlistcoin Spot? (Background addendum: Reverse signal? Market makers transferred 100 million Stable Coin to the exchange in the past 24 hours, Glassnode: BTC still follows the historical bull market trend) Is the famous market maker Wintermute the market's Liquidity promoter or the harvester of the retail investor? According to data analysis by encryption KOL dethective, 67% of the tokens traded by Wintermute have fallen at the price, and the average return on investing in tokens they are responsible for market making or holdings over the past year has been -26%. THE WORST PERFORMERS INCLUDED ZEREBRO, NEIRO, MOTHER, AND A BASKET OF MEME COINS. In particular, Wintermute's tokens managed on Solana performed even worse, with significantly lower returns than Ethereum. This may have something to do with the flood of low-quality meme coins in the Solana ecosystem, making the market even more chaotic. It's a negative-sum game, the retail investor is always at the bottom of the food chain, the market maker is essentially a business, and the market rules were never designed for the retail investor. — Most of the tokens managed by Dethective Wintermute have fallen after Dethective collected data and found that 67% of token prices have fallen since Wintermute first intervened in a token transaction. That is, when Wintermute began to make markets, the long-term movement of these tokens was mostly unfavorable to investors, and even reduced to Be Played for Suckers tools. If you invest in Wintermute-managed tokens in the past year, the average return is -26%. Among them, the most disastrous tokens include ZEREBRO, NEIRO, MOTHER, and a variety of meme coins, reflecting that these tokens are extremely risky and easy to fall prey to market speculation. Solana vs. Ethereum: Solana meme coin is worse Dethective further analysis found that the Solana Token traded by Wintermute performed much worse than Ethereum. This may be related to the high proportion of meme coins within the Solana ecosystem, many projects lack fundamental support, and prices are more susceptible to market manipulation. In contrast, although the tokens in the Ethereum ecosystem also have losses, the overall return rate is still better than Solana, and at least some projects have practical application value. The rules of the game in the market, retail investor is at the bottom Dethective bluntly said: "Retail investor is playing a negative-sum game." Each role in the market has its own rules for survival, but retail investors tend to passively accept them. The power structure of the market is roughly as follows: Project side: With the greatest dominance, they can choose dumpingToken at any point in time, even if the market maker is still maintaining Liquidity. Exchange: Prices are determined through listings and exits, and may even affect market sentiment, fuel bubbles or trigger panic dumping. Market Maker: The core goal is to profit from the market, not to ensure price stability, and the game was never about making money for retail investors. This means that when Retail Investor enters the game, it is already doomed to be on the weakest side. Related Stories Kaspa Appoints DWF Labs as Market Maker Next$KASlistcoin AnSpot? Invert the signal? Market makers transferred 100 million Stable Coin to the exchange in the past 24 hours, Glassnode: BTC still follows the historical bull market trend Seven major market makers Depth analysis: the amount of funds, holdings and market-making style at a glance [Market makers Wintermute make money doing meme coins! Why does Retail Investor always pay? 67% Token fall, SOL is worse than ETH ecology" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".