I personally believe that Binance&Wintermute did not intentionally manipulate prices to smash the market during the crash of altcoins such as ACT: Who is manipulating the market? "(Author @ Owen Jin12). 18: The market price order of 32 triggered a 40% drop in price, and the 40% price difference/min is certain to lead to liquidation. This sell-off is a loss making business that will result in losses for insurance funds and liquidity market makers, so neither of them has the motivation to do this.