This is the largest liquidation event ever for nearly every defi name. Of the $1.6b in total liquidations, only 30% was $BTC.
$AAVE, CRV, UNI, 1INCH, BAL, COMP, the list goes on. Most liqs ever.
BTC 18k..
CNBC: WOW! Bitcoin cures cancer. Buy it right now! Look how easy it is. Itโs going to $50,000!
BTC: 9k..
CNBC: HAHAHA YOU OWN BITCOIN! YOU IDIOT YOU JUST LOST HALF YOUR MONEY! HAHAHA
$SOL withdrawals: Suspended
$FTM withdrawals: Disabled
No coincidence here.
@binance
@cz_binance
is too powerful.
I'm all for CLOBs for price discovery, but these folks aren't about free markets. Sad!
Plot twist:
-ETF gets approved early.
-Coinbase adds previously mentioned coins AND Ripple.
-BTC hits $35k on July 31
-
@CarpeNoctom
is elected Supreme Wizard of Crypto Twitter
Congrats to
@brian_armstrong
and the whole
@coinbase
team on tonight's big announcement. This Google Form is the culmination of months of hard work from 100s of staff members.
Trading isnโt that hard. Buying support, selling resistance, buying breakouts...not terribly difficult.
Doing nothing for weeks or months is hard.
In order to participate in the former, you must excel at the latter.
Telegram-centric memes...
$REDO = $90m
$PLANE = $6m
$UTYA = $400k
Don't fade the telegram duck! I've literally been spamming this sticker set since 2017. This is a no-brainer.
EQBaCgUwOoc6gHCNln_oJzb0mVs79YG7wYoavh-o1ItaneLA
$UTYA is consolidating nicely. Any big dip is immediately bought up. Holder count now over 2200.
It's worth noting, that many top wallets are adding during this consolidation, **not** distributing.
Don't sleep on the duck.
EQBaCgUwOoc6gHCNln_oJzb0mVs79YG7wYoavh-o1ItaneLA
Buddy. No one is laying off employees. Has anyone even guided down yet? Overnight paper markets aren't frozen. Any fin firms worried about counterparty risk? Ffs we haven't even had any hedge funds blow up. This isn't 08 yet.
Youโre all so spoiled with your forced liquidations and auto-deleveraging.
Imagine your phone ringing everytime and having to talk to another human about your position.
โHi this is the BitMEX margin desk...โ
When I finally took the crypto plunge and opened a Coinbase account, BTC was about $2000, ETH around $200 and LTC around $25.
That was earlier this year!
These returns are mind boggling. Please be thankful for being exposed to this space. I know I am.
The Net Interest Margins
@traderjoe_xyz
is accomplishing with Banker Joe would have any major bank drooling.
Approaching $300k/day in revenue from interest alone. $JOE remains criminally undervalued.
$ROCKET update...
Shared few days ago at $.001
Currently at $.07
Not bad eh?
Chart looks like it's ready for another leg higher.
Next SAFEMOON? maybe
Next EVERMOON? probably
Here are some stats...
Didnโt catch $ROCKET as it initially took off but keeping an eye on this latest dip
The community is very active so wouldnโt rule out it running up again especially as Iโve seen a few top alpha guys say they are holding it.
If it do buy Iโll take a nibble and dca from thereโฆ