Wintermute CEO’s Hilarious Reaction to Bitcoin’s Wild Price Ride! 😂

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So, the last 24 hours in the crypto world have been like a bad episode of a reality show—lots of drama, tears, and a few people throwing their phones. Bitcoin decided to play a game of “how low can you go?” and plummeted from a dizzying $84,100 to a mere $76,560. That’s a 9% drop for a $1.65 trillion asset! I mean, who needs roller coasters when you have crypto? 🎢

Picture this: there was “blood in the streets” (not literally, thank goodness), and the cries of bullish traders could be heard echoing through the digital canyons. CoinGlass reported another $1 billion in liquidations of perpetual futures. Ouch! That’s like losing your wallet in a casino and then realizing you were just there to watch your friend lose their money.

But wait! Just when you thought it was over, Bitcoin decided to pull a classic “hold my beer” move and bounced back above $80,000, even hitting $81,700. It’s like that friend who always shows up to the party after everyone thought they left. “Surprise! I’m back and I brought snacks!” 🍕

New paradigm?

As the wise sages of the internet say, “Yesterday’s price is not today’s price.” Bitcoin did a full 360-degree spin and landed in a completely different universe. The only thing that stayed the same? The CME gap at $77,000, which is basically the universe’s way of saying, “Hey, remember me?”

Now, let’s talk about Evgeny Gaevoy, the CEO of Wintermute, who reacted to Bitcoin’s triumphant return to $80,000 with a meme that’s basically the crypto equivalent of a victory dance. He posted, “Woke up, BTC above 80K,” and I can just picture him in a confetti shower, surrounded by green candles. 🎉

But let’s be real—how long will this “hopium” last? It’s like a sugar rush; it’s fun while it lasts, but we all know the crash is coming. Stay tuned, folks! 😏

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2025-03-11 17:38