Synthetix founder: Market makers manipulating coin prices can bring short-term liquidity, but it is detrimental to the long-term development of the token

Synthetix founder Kain Warwick shared his views on market makers, pointing out that some market makers manipulate prices through low liquidity markets, use loans and options arbitrage, and even sell discounted tokens before token generation events (TGEs) and quickly sell them after raising prices. He mentioned that Synthetix was once manipulated by DWF Labs, which brought short-term liquidity but was detrimental to the long-term development of the token. He called on investors to be vigilant about the behavior of project oriented market makers sending large amounts of tokens and demanded more transparency.