Wintermute says Binance exposure under 20% of net assets, operations unaffected
- —Gaevoy: Binance can withstand losses 3–4x the current amount
- —Wintermute's Binance exposure is below 20% of net assets
- —Users advised not to deposit until the issue is identified
Why it matters: A top market maker signaling resilience to the incident reduces the risk of a broader contagion across the market.
Source: PANews