Wintermute CEO Evgeny Gaevoy denies planning to sue Binance over losses from the Oct. 10 market crash. Wintermute provides liquidity on Binance’s platform. Claims suggest Wintermute’s liquidity was affected by Binance’s auto-deleveraging risk mechanism during the crash. Gaevoy calls out rumors and denies preparing a lawsuit. Former Binance CEO Changpeng Zhao advises verifying with official sources.

Crypto market fell 3% to $3.65 trillion. False Wintermute rumors and $1.3 billion in liquidated leveraged positions may have contributed to the drop. Bitcoin OG whales continue to sell with prices above $100,000. Industry analysts note market fluctuations. Whales continue to affect market movements.

Read more at Cointelegraph: Wintermute CEO Dismisses Binance Lawsuit Rumors