Moonbags Markets

Price is now sub 2020 launch

Founder holding that many coins always made it dangerous

^ my thoughts on CRV from Aug 2023, continues to apply

from another source: The CRV token is in freefall. It's dropped by 19% in the last 3~ hours. Several positions by the Curve founder have already been liquidated, and more are potentially on their way. If you're using Inverse protocol (DOLA) you should be aware of your positions. Similarly if you're using crvUSD you may be indirectly affected. The worst case scenario (too early to tell) is a contagion effect on the broader Curve ecosystem - as CRV no longer makes sense as a bribing mechanism, Curve, Convex, Prisma, FXS, etc may be affected. I urge you to audit your portfolio for potential 2nd order effects of a CRV collapse though I hope we don't get there. You can observe one of Mitch's wallets here https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428/

Wtf

Think Roaring Kitty sold some of his $GME calls

Tomorrow will be the real tell tale sign Looks bad thus far Fed was fully hawkish

Weak price action after cpi

Question is when tantrum?

Might get eod pump

But Powell probably gonna try to be dovish

Fuel spent for cpi