《Wintermute Founder Discusses the '10/11 Fright Night' and Market Predictions》 (Author: The Block, Translated by Odaily) Wintermute founder Evgeny Gaevoy reflected on the October 11 crypto market crash during The Block podcast, attributing the event to a combination of excessive leverage and market structure issues, which led to the largest forced liquidation in history. Gaevoy emphasized that mainstream assets like BTC and ETH showed greater resilience, with market liquidity expected to further concentrate on top-tier assets, while altcoins face short-term setbacks. The interview also touched on topics like market maker risk management, the failure of the ADL (Auto-Deleveraging) mechanism, and industry discussions around circuit breakers and liquidation transparency. Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=50492