According to @ai_9684xtpa, Wintermute founder Evgeny Gaevoy clarified on Twitter that the recent incident involving sniper trades was 'just a well-executed Hyperliquid marketing event' and stated explicitly that he had no involvement with targeting James Wynn. For crypto traders, this direct response removes speculation around market manipulation by major trading firms like Wintermute in relation to Hyperliquid events, suggesting that price action linked to these events is likely driven by organic marketing strategies rather than insider intervention (Source: https://twitter.com/ai_9684xtpa/status/1929705699225096359).

According to The Kobeissi Letter, the announcement of the US Crypto Reserve by Trump at 10:24 AM ET on Sunday initially boosted the crypto market value from approximately $2.7 trillion to $3.1 trillion by 8:30 PM ET, restoring much of its previous losses. However, within 24 hours, the market value fell again to $2.6 trillion. This volatility indicates significant trader response and market sensitivity to policy announcements.