Market maker Wintermute denies shorting MON; founder says they were long
Market maker Wintermute has responded to community accusations that it shorted the MON token while acting as MON liquidity provider. Wintermute founder Evgeny Gaevoy urged users not to spread unverified claims on X (formerly Twitter). When asked directly whether Wintermute was long MON, Gaevoy replied: “In fact, yes.” The piece contains no trading figures, liquidation data, or timeline beyond the public exchange on X. No other parties or on-chain evidence were cited in the report. Key names and keywords: Wintermute, Evgeny Gaevoy, MON token, market maker, shorting, long position. Primary SEO keywords used: Wintermute, MON, market maker, shorting, long position. Impact note for traders: public confirmation of a market maker’s directional exposure can affect order flow and trader sentiment around MON; however, absence of on-chain proof or size details limits immediate market-moving significance.
Neutral
The news is a public denial/clarification rather than revelation of concrete trading data. Wintermute’s founder confirmed the firm held a long position in MON but provided no information on position size, timing, or on-chain evidence. For traders, this reduces the immediate likelihood of large forced liquidations or abrupt market moves tied directly to Wintermute. However, the confirmation of directional exposure from a prominent market maker can influence sentiment and order flow around MON — some traders may interpret it as a soft endorsement (bullish) while others may see potential conflict-of-interest concerns (bearish). Historically, allegations against market makers without verifiable data tend to produce limited price impact; only when followed by on-chain proofs, leaked figures, or large-cap unwinds do markets react strongly. Short term: modest volatility and increased attention/liquidity around MON as participants reassess positions. Long term: neutral unless further disclosures reveal sizable holdings or conflicting behavior (e.g., simultaneous provision of liquidity and directional trading) — in that case, trust and spreads could be affected.