Wintermute: Crypto Market Leverage Has Largely Been Cleared

[sergiorus]

Wintermute said in its latest market update that leverage in the crypto market has largely been flushed out, while Strategy's continued Bitcoin accumulation has eased earlier concerns over potential selling pressure. However, Wintermute noted that marginal demand from major buyers such as ETFs and Strategy has weakened compared with previous phases.

Until flows improve structurally, the best-case scenario may be range-bound trading rather than the start of a new uptrend. A softer U.S. PCE print or easing Middle East tensions could trigger a rebound, but Wintermute said such a move would more likely be a tactical bounce than confirmation of a market bottom.


Source:
https://www.wintermute.com/insights/market-color/market-update/market-update-22-june-2026

[okorieemmanuel]

Wintermute said in its latest market update that leverage in the crypto market has largely been flushed out, while Strategy's continued Bitcoin accumulation has eased earlier concerns over potential selling pressure. However, Wintermute noted that marginal demand from major buyers such as ETFs and Strategy has weakened compared with previous phases.

Until flows improve structurally, the best-case scenario may be range-bound trading rather than the start of a new uptrend. A softer U.S. PCE print or easing Middle East tensions could trigger a rebound, but Wintermute said such a move would more likely be a tactical bounce than confirmation of a market bottom.


Source:
https://www.wintermute.com/insights/market-color/market-update/market-update-22-june-2026

This is interesting. I'll have to check more on this to be sure if my forecast is visible. Will Bitcoin head to the moon???

[JaanusRaim]

Wintermute said in its latest market update that leverage in the crypto market has largely been flushed out, while Strategy's continued Bitcoin accumulation has eased earlier concerns over potential selling pressure. However, Wintermute noted that marginal demand from major buyers such as ETFs and Strategy has weakened compared with previous phases.

Until flows improve structurally, the best-case scenario may be range-bound trading rather than the start of a new uptrend. A softer U.S. PCE print or easing Middle East tensions could trigger a rebound, but Wintermute said such a move would more likely be a tactical bounce than confirmation of a market bottom.


Source:
https://www.wintermute.com/insights/market-color/market-update/market-update-22-june-2026

This is interesting. I'll have to check more on this to be sure if my forecast is visible. Will Bitcoin head to the moon???

Bitcoin is already on the moon.