Crypto.Andy

❗Everyone saw $ETH get smoked under $2.5k this weekend, right?

If you somehow missed it, $ETH cracked the $2.5k floor and knifed into the low $2.2Ks in a few brutal hours. I wasn’t doom-scrolling - I was long into the move, sized in from around $2.65k, then watched a straight flush toward $2.25k while liquidations ripped through the book.

On a regular account, that mix of gap, slippage, and panic hedging on ~$250k is how you end the weekend -$30–40k and swear you’re “done with crypto”.

👉 I ran it through WhiteBIT’s Market Making program instead: sit in the spread, quote both sides, keep delta roughly flat:   institutional.whitebit.com/mar...

Across ~1,200 $ETH fills my PnL was swinging, but maker rebates near -0.012% and taker fees around 0.02–0.025% kept costs from compounding. I walked out roughly -1.5% instead of the 5–6% hole I’d modelled on normal fees.

🟢 Not a flex - just how being on a Market Maker schedule turned an ETH nuke from a blow-up into a bruise.

#ETHBlockchain #ETH #ETH 2# #ETHFoundation