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2026-07-26 09:15:24 UTC

DWOLFBTC on Nostr: The 2nd exchange in a matter of days BitMart has announced it’s winding down ...

The 2nd exchange in a matter of days

BitMart has announced it’s winding down operations and encouraged everyone to close open positions

It’ll officially end business Jan 31 2027 but mostly everyone will close their trades, withdraw or sell

This is a result of Binance 10/10 event. 2 exchanges die in a couple of days? I can’t prove it. But it screams coordinated closing after making customers whole.

BitMex were charged with multiple manipulation charges 1 day after they announced

I expect BitMart will see the same

While the global bull market went ballistic #bitcoin sold and sold and everyone couldn’t pin point why

Now I can’t prove it, but it’s common that exchanges that are dodgey liquidate the market to make their customers whole

Seems to magically line up….

OGs aren’t selling, ETFs aren’t causing pressure and the “bear market” has been manufactured for bad exchanges. Not the first time. If oil wasn’t it the fucking way I’d love to see #btc price action…. Because I have a distinct feeling the bad players are done.

Maybe we see more notice of closures…. Binance simply removed competition from the board. They go after Hyperliquid like they went after FTX and co.

Binance are good at their job. They don’t care about Bitcoin that much. They want the fiat

Solution = Self custody majority supply! But hang on 84% is apparently in COLD STORAGE…

I firmly believe the exchanges that were hurt are now done… if oil and war can dissapear from headlines … I’d like to see price… betting hard up! But let’s see

2 exchanges in one week. Not a coincidence, a coordination