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01 Toncoin reached a new ATH of $8.14 and broke out of the triangle pattern ๐
According to technical analysis, this movement could be the beginning of a journey to $10.
#NFA | 1 735 | 1 | Loading... |
02 The spring compression on Bitcoin has reached a peak, similar to what happened only once in its history, back in 2012 when the price was $5.
Yesterday, only BlackRock was buying BTC for its ETF, with a total purchase of just $18 million. Other funds were selling, resulting in a total outflow of $226 million.
Analyst Willy Woo found the reason for the prolonged consolidation of the crypto market: there will be no growth while BTC sees such a high level of open interest in futures.
The meme token BEER dropped by 80% a few days after its listing on Bybit. Rumor has it that the team/insiders controlled 50% of the token issuance and sold it off.
The top South Korean cryptocurrency exchange Upbit is adding trading for Ondo. | 1 943 | 1 | Loading... |
03 Ethereum has returned to its local low at $3,500 2๏ธโฃ
The market is digesting new FUD from SEC Chairman Gary Gensler, who is reluctant to provide specifics on the launch of spot ETFs for Ethereum but promises to sign the necessary documents by the end of summer.
On the other hand, the head of the CFTC is more positive and confidently calls ETH a commodity.
We just have to wait until the end of summer when Gary signs the S-1 forms, and then the CFTC will take over $ETH. | 2 027 | 0 | Loading... |
04 Tesla shareholders approved Elon Musk's $56 billion salary ๐ฒ
Before the vote, Elon spread rumors that he might leave the company if he doesn't get his well-earned pay ๐ธ | 2 005 | 0 | Loading... |
05 The largest consolidation of BTC in the early bull market - 92 days. Traders believe that such accumulation equals a very large future growth ๐ฎ
Yesterday, Bitcoin ETFs delighted with an inflow of $100 million, bringing some positivity amid Powell's hawkish statements at the press conference. Jerome's logic is clear: after data on reduced inflation, he had to cool the overall excitement and talk about only one rate cut by the end of the year, and even that is uncertain ๐ซก
During the recent dip, whales bought 20,600 BTC and 240,000 ETH. Another argument in favor of the continuation of the bull market ๐ณ
The Biden team also plans to accept crypto donations ๐
Terraform Labs agreed to pay the SEC a $4.5 billion fine for the LUNA/UST scam. And they said they spent everything on stabilizing UST ๐
The UwU Lend protocol was hacked again for $3.7 million โ | 2 016 | 2 | Loading... |
06 Donald Trump is stomping for miners, says all remaining $BTC should be mined in the US. At this rate, next time he will promise the post of vice president to Satoshi Nakamoto ๐
Bitcoin-ETFs lost another $200 million yesterday, with no funds buying, at best just not selling like BlackRock.
On June 11, 336k $ETH ($1.1 billion) was withdrawn from Coinbase. And who could have needed that much, whales packing their bags for ETFs? โจ | 2 201 | 2 | Loading... |
07 Whale FUD sent BTC to $66k ๐
A whale , who bought 8,000 $BTC at $3,800 in 2018, has come out of a five-year hibernation and sent all the coins to Binance, their current valuation at now $529 million.
Longs have already been liquidated at $237m, but buyers are trying to hold this level because the next support is only at $63kโฌ๏ธ | 2 145 | 1 | Loading... |
08 Altcoin season is approaching: crypto market capitalization excluding the top 10 coins repeats the accumulation before the hottest bull market period of 2021 ๐
For history to repeat itself, God Candle on BTC must be somewhere near .... ๐ธ | 2 256 | 3 | Loading... |
09 Over the past month, 97,000 $BTC ($6.75 billion) and over 500,000 $ETH ($1.9 billion) have been withdrawn from crypto exchanges. | 2 355 | 1 | Loading... |
10 Global spot BTC-ETFs already hold 5% of all BTC supply ๐ธ
After launch, in just 6 months, US spot BTC-ETFs have already vacuumed up over 880,000 BTC. | 2 235 | 0 | Loading... |
11 ๐ถ Is DOGE not useful?
CEO of Ripple, Brad Garlinghouse gave his opinion on DOGE:
"I don't think Dogecoin has done any good for the industry. No, I'm not against Dogecoin, but I don't know where to apply it."
It's interesting that Brad is expecting some great use and application from the meme, while his product, which should be of benefit at the highest level, is around the fifth point, on various parameters such as: marketing, audience, regulation.
That said, he's expecting something from the meme. Apparently Brad is just nervous as DOGE is propping it up on the SMS list. And is afraid that the new wave of meme hype will allow DOGE to overtake XRP in terms of Market Cap ๐ฐ | 2 233 | 0 | Loading... |
12 ๐ง Keeping an eye on AI tokens
Analysts recommend to keep an eye on tokens such as: FET, OCEAN, AGIX and TAO.
๐ The reason is the surge in public attention to the AI sector, because of which, often follows the rise of the tokens involved | 2 561 | 0 | Loading... |
13 The top 10% of companies in the S&P 500 account for 75% of the index's capitalization โ๏ธ
The same rate was before the Great Depression, the biggest financial crisis in the US, which lasted 10 years.
And the previous peak was in 2000 ๐ญ | 2 601 | 1 | Loading... |
14 USD up: BTC and gold down ๐
After the news of rate cuts from the EU and Canada, markets started to seriously consider a softer Fed, but their mood was sharply cooled by the US unemployment statistics, which remains low at 4%.
Low unemployment is a reason for Powell not to cut the rate, but the most interesting thing will be on June 12, when the inflation data for May will be released right on the day of the Fed meeting.
You saw the BTC chart yourself ๐ | 2 399 | 1 | Loading... |
15 Miners are capitulating: a buy signal is coming soon 1๏ธโฃ๐
The Hash Ribbons indicator, which we discussed in February, indicates miners are capitulating.
In a bull market, the next growth phase usually begins right after this capitulation; we saw this in January and July 2023 during this cycle.
And now, the first signal from Hash Ribbons in 2024 ๐ | 2 376 | 0 | Loading... |
16 Toncoin achieved a new all-time high of $7.85. The surge occurred after Robinhood opened TON trading for European clients. Additionally, on Monday, Durov promised a major update this week, so stay tuned ๐
BTC is holding at $71k, with traders unpacking recent forecasts about breaking the triangle pattern, exiting consolidation, and a new high in June above $75k ๐
Yesterday saw the second-largest inflow of funds into spot Bitcoin ETFs of all time โ $887 million. Fidelity bought the most ($379 million), followed by BlackRock ($274 million) and ARK Invest ($138 million) ๐ต
Scammers hacked Microsoft India's Twitter and sold GameStop cryptocurrency there โ ๏ธ
BNB also reached a new high of $712 ๐
๐น Top-3 in the last 24 hours:
FLOKI - $0.0003304 (โ25.87%)
ORDI - $56.72 (โ18.75%)
Uniswap - $11.19 (โ17.79%) | 30 366 | 0 | Loading... |
17 Brent crude oil at $77, prices not seen since February ๐
Just yesterday, OPEC+ extended its voluntary oil production cuts to 2025, and the bears have pounced on the black gold market.
What happened:
โช๏ธ The recovery of oil to $90 was due to fears of a major war in the Middle East, which is ongoing but remains a localized conflict.
โช๏ธ China's economy, and with it the demand for oil, is growing too slowly.
โช๏ธ "Emergency" repairs at Russian refineries have led to an increase in oil supply to the market.
โช๏ธ No additional production cuts have occurred. The mandatory quotas were simply converted to voluntary ones, which can actually be ignored.
For BTC, cheap oil is positive, as lower inflation in the US will lead the Federal Reserve to lower interest rates sooner ๐ญ | 2 728 | 0 | Loading... |
18 U.S. banks' unrealized losses rose to $517 billion ๐
According to an FDIC report, paper losses of US banks due to the Fed rate hike rose by $39 billion to $517 billion in Q1 2024. The number of troubled banks with $82.1 billion in assets rose to 63.
Paper losses are not dangerous if Americans don't run to the banks to take their money. The FDIC assesses the situation as stable for the banking system, but notes its deterioration.
The Fed is unlikely to give up at this point, but the accumulation of problems in the financial sector will sooner or later force them back to low rates and the printing press.
Waiting for Powell to raise the white flag and send BTC to the moon ๐ | 5 137 | 0 | Loading... |
19 Media files | 1 | 0 | Loading... |
20 A major crash on the NYSE: the stock prices of Buffett's company, Berkshire Hathaway, and one of the world's largest gold miners, Barrick Gold, dripped by 99% ๐ช
What if it's not a crash? ๐ฎ | 19 826 | 0 | Loading... |
21 Pump it like RoaringKitty ๐ผ
The controversial Twitter user RoaringKitty revealed a $180 million position in GameStop shares, sending them up by 70%.
Recently, he orchestrated a pump of GameStop and related meme tokens simply by returning to Twitter. Then nothing happened, and everyone was harshly cut down, both in the stock market and in crypto.
It's interesting where RoaringKitty got this $180 million, perhaps he successfully rode his own pump/dump scheme in both markets ๐ช | 3 374 | 0 | Loading... |
22 Pump it like RoaringKitty ๐ผ
The controversial Twitter user RoaringKitty revealed a $180 million position in GameStop shares, sending them up by 70%.
Recently, he orchestrated a pump of GameStop and related meme tokens simply by returning to Twitter. Then nothing happened, and everyone was harshly cut down, both in the stock market and in crypto.
It's interesting where RoaringKitty got this $180 million, perhaps he successfully rode his own pump/dump scheme in both markets ๐ช | 1 | 0 | Loading... |
23 #UGC #analytics
๐ When is Bitcoinโs next ATH update?
Bitcoin has been in a sideways range for two weeks, bounded by $72,150 and $66,180. Based on the nature of the distribution of trades by large players in the spot and futures markets, it can be concluded that the current sideways movement is an accumulation of long positions before a significant move higher.
Signs indicating a long position:
1. Increase in liquidity in the global financial system and, consequently, issuance of USDT and USDC. The influx of new money creates a favorable environment for risky assets.
2. Massive buy trades at abnormally large volumes in the $68,000 zone (colorful squares, triangles, and circles). Large capital is taking advantage of locally low prices to accumulate more Bitcoin on their balance sheets.
The hypothesis of hidden purchases is also confirmed by the cumulative delta indicator, which tracks the absorption of market orders by limit orders.
3. The key liquidation cluster is located above, which further stimulates the growth of the first cryptocurrency. Key liquidation clusters start from the $74,930 range and extend up to $77,500.
๐ Priority scenario for June: Bitcoin's growth, surpassing the $73,890 level. | 2 065 | 0 | Loading... |
24 Unlocking $739 Million in June ๐ฒ
Projects 1INCH, DYDX, SUI, ENA, APT, IMX, STRK, ARB, APE, PIXEL, ID, ALT, and YGG will unlock tokens worth more than $10 million.
The largest releases will be:
โช๏ธ Arbitrum โ $111 million
โช๏ธ Aptos โ $105 million
โช๏ธ Starknet โ $80 million
This doesnโt necessarily mean all altcoins on this list will crash, but some holders will definitely sell, and bulls will gladly withstand this pressure ๐ธ | 23 309 | 0 | Loading... |
25 #FinWeek
Biden is against cryptocurrencies again, Trump is the first criminal president, and Saudi Arabia is out of money โ summarizing the week.
๐ธ Cryptocurrencies
๐ Biden promised not to veto, but he still stopped the adoption of a law to repeal SEC accounting rules that would allow banks to provide crypto custody services to their clients.
All this is done under the guise of protecting investors, and there is a suspicion that the veto was imposed deliberately so that he could later appear as the one who resolved everything ๐
๐ Bitcoin-ETF from BlackRock became the largest in the world, surpassing Grayscale. All crypto ETFs in the world collectively hold 1 million BTC or 5% of the current issuance.
This may be the last bull market where you can still accumulate bitcoin in your own wallet. And those who can't will later buy from BlackRock at triple the price ๐
๐ The SEC asked issuers of spot ETFs on Ethereum to update form S-1 by May 31, and BlackRock completed the task.
However, since the SEC has not done anything to prepare for the launch of trading, this is only the first stage, and at best we will see an Ethereum ETF at the end of June ๐
๐ช Finance
๐ A jury found Donald Trump guilty of falsifying financial documents; he is the first US president to be convicted of a criminal case.
Formally, this case does not prevent Trump from continuing to participate in the election campaign and even becoming president again. Knowing his ability to find the right words, Donald may gain additional votes as a political... ๐ฝ
๐ US GDP for the first quarter of 2024 was revised down to 1.3%, lowering it by 0.3%.
The Fed should consider whether its high rates will lead the country into a recession. But for now, Powell continues to talk about an incredibly strong economy ๐
๐ Saudi Arabia will sell $12 billion worth of Saudi Aramco shares to finance its economic transformation plan.
They are still aiming to maintain high prices by cutting production, but this money is clearly not enough. They are unlikely to abandon price controls, but the fight for oil markets may intensify โฝ๏ธ | 4 354 | 0 | Loading... |
26 BTC whales are repeating the situation from 2020 ๐
The current network activity of large wallets is comparable to 2020, when BTC traded around $10k for about half a year, after which it surged to $64k. | 3 029 | 0 | Loading... |
27 Recovered Wallet with 43.6 BTC ๐
A user created a cryptocurrency wallet in 2013 and accumulated 43.6 BTC, but lost access to it due to a damaged file where the keys were stored.
In 2022, he turned to two crypto hackers who managed to recover access to the wallet thanks to a vulnerability in the RoboForm application used to create it.
The story took place in the fall of 2023, but it was only made public recently.
The happy wallet owner sold part of the coins at a rate of $62k and is still holding 30 BTC ๐ธ. | 1 906 | 0 | Loading... |
28 ๐ What about the inflows?
For the third consecutive week, the inflow into the digital asset market amounted to $1.05 billion.
โช๏ธ BTC โ $1.01 billion
โช๏ธ ETH โ $35 million
โช๏ธ SOL โ $8 million
The inflow into SOL stands out, possibly based on the belief in the next ETF ๐คฉ | 2 587 | 1 | Loading... |
29 BTC has not yet reached a new high when adjusted for inflation and relative to gold. This is an indirect sign that the bull market is still in its early stages ๐
The Bitcoin ETF from BlackRock has become the largest in the world, surpassing Grayscale in terms of the number of BTC on its balance sheet. Additionally, BlackRock purchased its own ETF for $4 million, adding its shares to two of its funds ๐
The DWF Labs fund announced plans to invest in meme tokens and transferred 4 million USDT to the wallet of the LADYS meme developer ๐ธ
The SEC lost the case against Debt Box and must pay $1.8 million in legal fees ๐ถ
Tether froze a wallet containing 3.5 million USDT ๐ฅถ
Cathie Wood expects El Salvador's GDP to grow 10 times over 5 years due to its bet on Bitcoin and AI ๐
๐น Top 3 in the last 24 hours:
Celestia - $11.39 (โ13.38%)
Shiba Inu - $0.00002763 (โ11.59%)
dogwifhat - $3.79 (โ11.22%)โ | 2 656 | 1 | Loading... |
30 ๐ Will Mt. Gox return the money?
The exchange hasn't made any transactions for 5 years, and now it has started transferring bitcoins to a new address.
Mt. Gox collapsed in 2014, and there is a possibility that this is part of the planned fund return, with a deadline set for October 31, 2024.
Bitcoin reacted to this event with a unnoticeable correction ๐ | 2 708 | 0 | Loading... |
31 โญ๏ธ An ETF for ETH Will Benefit Bitcoin
Michael Saylor believes that the approval of an ETF for ETH will benefit Bitcoin and the entire market overall.
โYes, I think it's good for Bitcoin. Moreover, I believe it can bring significant benefits because politically, we are much stronger with the support of the entire industry,โ
~ Michael Saylor stated on a podcast.
Undoubtedly, this is a major step for the entire industry and for ETH in particular ๐ | 2 691 | 1 | Loading... |
32 โ
Over the week, Bitcoin rose by almost 4%. At one point, it even climbed above $71k, but it didn't hold ๐
The main intrigue was the ETF on ETH: Gensler unexpectedly reversed his stance and gave in.
#FinWeek
๐ Cryptocurrencies
๐ธ The SEC approved spot ETFs on Ethereum
๐ธ VanEck filed the S-1 form with the SEC necessary to launch trading of ETH ETFs
๐ธ Grayscale CEO Michael Sonnenshein resigned, to be replaced by Peter Mintzberg from Goldman Sachs
๐ธ The London Stock Exchange opened trading of ETPs on Bitcoin and Ether
๐ธ The crypto project Notcoin presented the continuation of its game, launching new missions for token farming
๐ฑ Crypto exchanges
๐ธ The bankrupt exchange FTX completed the auction sale of its SOL holdings, raising $2.6 billion
๐ธ In the last 6 months, Binance listed 31 coins, but only five are trading in the positive ๐ฑ
๐ธ The bankrupt cryptobank Genesis will return $3 billion or 77% of clients' funds
๐ช Financial news
๐ธ Nvidia reported a quarterly revenue increase of 262% and a profit increase of 628%
๐ธ Apple will sell iPhones in China at a discount of $318
๐ธ In April, $29.5 billion was withdrawn from China, the largest outflow of funds since 2016
โ๏ธ Regulation
๐ธ The US House of Representatives passed laws banning the issuance of CBDCs and regulating cryptocurrencies
๐ธ A court caught fake Satoshi Craig Wright giving false testimony regarding his involvement in the creation of BTC ๐คก
๐ธ The Hong Kong authorities banned the operation of the crypto project Worldcoin
โ๏ธ Technology
๐ธ Microsoft introduced the AI laptop Copilot with GPT-4 support
๐จ Hacks
๐ธ The meme token Normie collapsed by 99% in 5 minutes due to a hacker attack
๐ธ A whale lost $6.9 million in cryptocurrency by signing a phishing transaction
๐ท Rates:
๐Bitcoin - $69,322 (โ0.77%)
๐ S&P 500 - 5,304 (โ0.70%)
๐ฅ Gold - $2,334 (โ0.23%)
๐ข Brent Oil - $82.11 (โ0.79%) | 4 398 | 0 | Loading... |
33 ๐ณ Whales are buying the dips
In the last 24 hours, large BTC holders bought 20k Bitcoin (~$1.34 billion) as the price dipped below $67k.
A great signal for strengthening the trend ๐ | 3 698 | 1 | Loading... |
34 ETH holders went to work in a great mood this morning after the approval of the ETF. The next step is the approval of the S-1 form for the start of trading, which could take about a month or more. VanEck has already filed the S-1 form and launched the ETF's advertisement, but everything will depend on the SEC ๐
Vitalik Buterin received 845,205 STRK ($1.7 million), which were locked under an early investor contract โ
Notcoin has launched new missions for farming tokens as a continuation of the game. The NOT exchange rate continues to decline (-9%) ๐ก
At the age of 17, Kabosu, the dog who became the prototype for Dogecoin, passed away ๐ญ
๐น Top 3 in the last 24 hours:
Ondo - $1.07 (โ8.45%)
Lido DAO - $2.22 (โ6.72%)
Monero - $142.35 (โ2.39%)" | 2 903 | 2 | Loading... |
35 Ethereum ETF approved โจ
Grayscale's Ethereum Trust is trading 7% below spot price, lead analysts at 10x Research to estimate a 90% probability of a positive SEC decision.
According to a 2023 Federal Reserve survey, 7% of U.S. citizens have purchased cryptocurrency. Will Gensler decide to go against 18 million Americans?
Additionally, 10x Research warned that Grayscale's ETH Trust holds assets worth $11 billion, and similar to GBTC, we could see a significant sell-off after trading begins ๐ช | 3 941 | 1 | Loading... |
36 BTC has reached new highs in Japan, Argentina, and the Philippines ๐งช
This was made possible by the devaluation of national currencies. In reality, all fiat currencies are losing their purchasing power, just at different rates.
Ethereum is now at $3,700, with a 19% increase in the last 24 hours ๐
Fidelity has updated its application for a spot ETF on Ether, removing staking from it. May 23 and 24 are the SEC's final deadlines for decisions on ETF applications from VanEck and ARK Invest.
Will they be approved? ๐ฅบ | 2 499 | 1 | Loading... |
37 ๐ WIN #PEPE with Cryptonomy ๐
PRIZE POOL: 100,000๐ฒ
Here's how to enter:
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Follow : @cryptonomy_fi
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Initiate a Deposit - { http://cryptonomy.finance }
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Start Staking / Join Launchpool
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Drop a Reaction
๐Deadline: June 15th
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Time's running!โณ
Spread the word, make your deposit, and get ready to be part of our #Giveaway ! ๐
#BTC #ETH #SOL #PEPE #SHIB #WIF #100x | 6 503 | 1 | Loading... |
38 ๐ WIN #PEPE with Cryptonomy ๐
PRIZE POOL: 100,000๐ฒ
Here's how to enter:
โ
Follow : @cryptonomy_fi
โ
Initiate a Deposit - { http://cryptonomy.finance }
โ
Start Staking / Join Launchpool
โ
Like + RT this post
๐Deadline: June 15th
๐Open Worldwide
Time's running!โณ
Spread the word, make your deposit, and get ready to be part of our #Giveaway ! ๐
#BTC #ETH #SOL #PEPE #SHIB #WIF #100x | 1 | 0 | Loading... |
39 Top 10 IMF debtor countries ๐ฒ
In total, the IMF has lent money to 100 countries amounting to $111 billion, with the top ten accounting for 69% of this debt. | 1 634 | 1 | Loading... |
Photo unavailableShow in Telegram
Toncoin reached a new ATH of $8.14 and broke out of the triangle pattern ๐
According to technical analysis, this movement could be the beginning of a journey to $10.
#NFA
โค 111๐ฅฐ 59๐ 50๐คฉ 48๐ 27๐ฅ 16
Photo unavailableShow in Telegram
The spring compression on Bitcoin has reached a peak, similar to what happened only once in its history, back in 2012 when the price was $5.
Yesterday, only BlackRock was buying BTC for its ETF, with a total purchase of just $18 million. Other funds were selling, resulting in a total outflow of $226 million.
Analyst Willy Woo found the reason for the prolonged consolidation of the crypto market: there will be no growth while BTC sees such a high level of open interest in futures.
The meme token BEER dropped by 80% a few days after its listing on Bybit. Rumor has it that the team/insiders controlled 50% of the token issuance and sold it off.
The top South Korean cryptocurrency exchange Upbit is adding trading for Ondo.
๐ฅฐ 185๐คฉ 69๐ 63โค 49๐ฅ 42๐ 41
Photo unavailableShow in Telegram
Ethereum has returned to its local low at $3,500 2๏ธโฃ
The market is digesting new FUD from SEC Chairman Gary Gensler, who is reluctant to provide specifics on the launch of spot ETFs for Ethereum but promises to sign the necessary documents by the end of summer.
On the other hand, the head of the CFTC is more positive and confidently calls ETH a commodity.
We just have to wait until the end of summer when Gary signs the S-1 forms, and then the CFTC will take over $ETH.
โค 143๐คฉ 102๐ฅฐ 65๐ 59๐ฅ 50๐ 41
Photo unavailableShow in Telegram
Tesla shareholders approved Elon Musk's $56 billion salary ๐ฒ
Before the vote, Elon spread rumors that he might leave the company if he doesn't get his well-earned pay ๐ธ
๐ฅฐ 163โค 61๐คฉ 39๐ฅ 32๐ 27๐ 27
Photo unavailableShow in Telegram
The largest consolidation of BTC in the early bull market - 92 days. Traders believe that such accumulation equals a very large future growth ๐ฎ
Yesterday, Bitcoin ETFs delighted with an inflow of $100 million, bringing some positivity amid Powell's hawkish statements at the press conference. Jerome's logic is clear: after data on reduced inflation, he had to cool the overall excitement and talk about only one rate cut by the end of the year, and even that is uncertain ๐ซก
During the recent dip, whales bought 20,600 BTC and 240,000 ETH. Another argument in favor of the continuation of the bull market ๐ณ
The Biden team also plans to accept crypto donations ๐
Terraform Labs agreed to pay the SEC a $4.5 billion fine for the LUNA/UST scam. And they said they spent everything on stabilizing UST ๐
The UwU Lend protocol was hacked again for $3.7 million โ
๐ฅฐ 176โค 79๐คฉ 57๐ฅ 18๐ 15๐ 12
Photo unavailableShow in Telegram
Donald Trump is stomping for miners, says all remaining $BTC should be mined in the US. At this rate, next time he will promise the post of vice president to Satoshi Nakamoto ๐
Bitcoin-ETFs lost another $200 million yesterday, with no funds buying, at best just not selling like BlackRock.
On June 11, 336k $ETH ($1.1 billion) was withdrawn from Coinbase. And who could have needed that much, whales packing their bags for ETFs? โจ
๐คฉ 140๐ฅฐ 92๐ 36๐ฅ 34๐ 19โค 14
Photo unavailableShow in Telegram
Whale FUD sent BTC to $66k ๐
A whale , who bought 8,000 $BTC at $3,800 in 2018, has come out of a five-year hibernation and sent all the coins to Binance, their current valuation at now $529 million.
Longs have already been liquidated at $237m, but buyers are trying to hold this level because the next support is only at $63kโฌ๏ธ
๐ฅฐ 184๐คฉ 74๐ฅ 37๐ 34โค 23๐ 12
Photo unavailableShow in Telegram
Altcoin season is approaching: crypto market capitalization excluding the top 10 coins repeats the accumulation before the hottest bull market period of 2021 ๐
For history to repeat itself, God Candle on BTC must be somewhere near .... ๐ธ
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Over the past month, 97,000 $BTC ($6.75 billion) and over 500,000 $ETH ($1.9 billion) have been withdrawn from crypto exchanges.
๐ฅฐ 273โค 121๐ฅ 58๐คฉ 53๐ 41๐ 28
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Global spot BTC-ETFs already hold 5% of all BTC supply ๐ธ
After launch, in just 6 months, US spot BTC-ETFs have already vacuumed up over 880,000 BTC.
โค 118๐ฅฐ 86๐คฉ 55๐ 46๐ฅ 36๐ 17