Jake O (@jo_wintermute) 's Twitter Profile
Jake O

@jo_wintermute

Trader @wintermute_t | OTC Crypto | Vol & Derivatives. Keynesian beauty contest participant & amateur Crossfit athlete. Views are my own.

ID: 1555489400385150978

linkhttp://www.wintermute.com calendar_today05-08-2022 09:42:35

1,1K Tweet

7,7K Followers

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Jake O (@jo_wintermute) 's Twitter Profile Photo

Now markets have moved past the tariff narrative—at least for now—yields will likely take the lead in driving risk, especially as they take key levels. The last time the U.S. was downgraded—in 2023—it took Yellen pivoting to heavy bill issuance to stop the bleeding. Now, it's

Jake O (@jo_wintermute) 's Twitter Profile Photo

Following Liberation Day, altcoin correlations remained elevated as markets were largely driven by headlines and geopolitical developments. This shifted after the US-China trade walk back. Since then, idiosyncratic flows have started to reassert themselves, putting token

Following Liberation Day, altcoin correlations remained elevated as markets were largely driven by headlines and geopolitical developments.

This shifted after the US-China trade walk back. Since then, idiosyncratic flows have started to reassert themselves, putting token
Deribit (@deribitofficial) 's Twitter Profile Photo

Institutions just bet $7M on $ETH hitting $6K by December, via 30K call spreads. Block traders are back. ⤵️ coindesk.com/markets/2025/0…

Jake O (@jo_wintermute) 's Twitter Profile Photo

Always a pleasure talking shop with the Deribit team — especially after the post-Liberation Day shakeout. Most of the convo focused on shifts in the vol surface and broader macro drivers. Great fun as always!

Jake O (@jo_wintermute) 's Twitter Profile Photo

ETFs and corporate flows have increased the importance of the US trading session, fundamentally reshaping the volume and liquidity profile of these markets. Burgers led on the way down, and were first out the gate from local lows.

ETFs and corporate flows have increased the importance of the US trading session, fundamentally reshaping the volume and liquidity profile of these markets.

Burgers led on the way down, and were first out the gate from local lows.
Jake O (@jo_wintermute) 's Twitter Profile Photo

There’s a solid argument that #BTC funding is no longer a clear signal of leverage, largely due to sustained structural demand for basis trades. The wider complex gives a better indication of extension and so far there's an absence of classic 'over-the-skis' positioning. As

There’s a solid argument that #BTC funding is no longer a clear signal of leverage, largely due to sustained structural demand for basis trades. 

The wider complex gives a better indication of extension and so far there's an absence of classic 'over-the-skis' positioning. As
MacroScope (@macroscope17) 's Twitter Profile Photo

Looking at the speaker list for the BTC event in Vegas next week. Lots of interesting names. Traders should focus especially on the political ones. We're coming into an important window for DC headlines, so the substance and body language at the event will be important. Large