Moonbags Markets

Getting closer to the end of GBTC

After all that blood, we are back in the range

Gap closed on CME Waiting on tradfi now most likely

Bears sweating

61300 now

ETH strength

BTC probably going for CME gap, 62,900

🔥 BREAKING: 🇷🇺 Russian President Vladimir Putin signed a law legalizing cryptocurrency mining in Russia 🔥 @Fin_Watch

🇧🇷🥳 #ETF #SOL The Brazilian Securities and Exchange Commission has approved an ETF based on Solana. #CryptoETF coindesk.com

We live in crazy times

DXY up is now perceived as a risk on signal

Ripple Hit with $125 Million Penalty for Institutional Sales, But Crypto Exchange Trades Deemed Legal: Ruling

looks like there is an update on this

Lookonchain deleted the previous analysis. According to @EmberCN, most of the 789,534 ETH were sold on Huobi through multiple addresses from June to September 2021. Currently, only about 12 addresses have collected Plus Token-related ETH addresses in the last 30 hours, totaling 25,757 ETH ($63.1M). Most of the ETH should have been sold in 2021. — link Previous WuBlockchain report on Plustoken

According to Lookonchain, a large number of wallets that have been dormant for 3.3 years are transferring 789,533 ETH (about $2 billion). The funds came from a wallet called "Plus Token Ponzi 2". These ETH were seized by Chinese police when they cracked down on the PlusToken Ponzi scheme. — link

Jump Trading transferred the 11,500 ETH (worth $28.9 million) applied for redemption on August 4 to the CEXs address, and transferred 16,210 wstETH (worth $47.92 million) to continue applying for redemption. There are still 21,394 wstETH (worth $63.33 million) waiting to be redeemed. — link

Jump apparently still selling ETH