Alpha updates. 🪓
$100B in Open Interest wiped out within minutes. From $250B down to $154B — we’re back to January 2025 levels. ETH OI also dropped to $45B. Tariffs were just an excuse… this was ruthless leverage hunt all along.
Hyperliquid CEO directly calls out Binance for the first time, accusing it of massively underreporting liquidation, show only 1 even when thousands happen in a second, meaning up to 100x underreporting.
As I mentioned earlier, real liquidation is much much bigger..
As I mentioned earlier, real liquidation is much much bigger..
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These wicks weren’t meant to liquidate futures, they were meant to steal SPOT portfolios.
1- ATOM on Binance Spot: wick to 0.
2- On Binance Futures: wick to $1.46
3- ATOM on any other exchange: both spot & futures only wicked around 1.46
And this isn’t just ATOM,
$DOT went to $0.6 on Binance Spot, but $0.9 on Futures.
$API3 dumped to $0.16 on Binance, while other exchanges stopped around $0.48.
$APT nuked to $0.7 on Binance, but stayed near $1.8 elsewhere. Many more coins as well...
Now here’s where it gets dark —
Binance offers a Margin feature, allowing users to borrow cash.
This same system took OI from $57B in the last bull run (at $3T MC) to $250B today with just a $4T MC.
Do you really think Binance has $100B lying around to lend out?
IMO this entire crash looks like a massive settlement play not just manipulation.
Defense is - despite high volume on Binance, altcoin order books are thin, few bids/asks. So big sellers easily push prices down, creating deep wicks. Other exchanges have better liquidity, so wicks are smaller.
Complete bullshit. This was intentional. The rest was handled by the liquidation cascade.
1- ATOM on Binance Spot: wick to 0.
2- On Binance Futures: wick to $1.46
3- ATOM on any other exchange: both spot & futures only wicked around 1.46
And this isn’t just ATOM,
$DOT went to $0.6 on Binance Spot, but $0.9 on Futures.
$API3 dumped to $0.16 on Binance, while other exchanges stopped around $0.48.
$APT nuked to $0.7 on Binance, but stayed near $1.8 elsewhere. Many more coins as well...
Now here’s where it gets dark —
Binance offers a Margin feature, allowing users to borrow cash.
This same system took OI from $57B in the last bull run (at $3T MC) to $250B today with just a $4T MC.
Do you really think Binance has $100B lying around to lend out?
IMO this entire crash looks like a massive settlement play not just manipulation.
Defense is - despite high volume on Binance, altcoin order books are thin, few bids/asks. So big sellers easily push prices down, creating deep wicks. Other exchanges have better liquidity, so wicks are smaller.
Complete bullshit. This was intentional. The rest was handled by the liquidation cascade.
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By the looks of the market right now, it feels like the worst is behind us… but is it really?
I went through the, Charts, On chain data and Market signals... To figure out if this crash was a full reset or just a calm before another dump
A thread on what I found: 🧵👇
https://x.com/axel_bitblaze69/status/1977787303520039250
I went through the, Charts, On chain data and Market signals... To figure out if this crash was a full reset or just a calm before another dump
A thread on what I found: 🧵👇
https://x.com/axel_bitblaze69/status/1977787303520039250
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
By the looks of the market right now, it feels like the worst is behind us… but is it really?
I went through the, Charts, On chain data and Market signals... To figure out if this crash was a full reset or just a calm before another dump
A thread on what…
I went through the, Charts, On chain data and Market signals... To figure out if this crash was a full reset or just a calm before another dump
A thread on what…
❤11
Shared my plan on how i will trade my $MON airdrop post launch:
https://x.com/axel_bitblaze69/status/1977984816113967559
https://x.com/axel_bitblaze69/status/1977984816113967559
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
Gmonad everyone, and happy $MON airdrop day..
In pre markets $MON already sitting around $8–10B FDV, even peaking near $15B before crash..
Didn’t touch it though.
part of me wishes I’d hedged my airdrop earlier, but it’s fine. That phase is done.. focus…
In pre markets $MON already sitting around $8–10B FDV, even peaking near $15B before crash..
Didn’t touch it though.
part of me wishes I’d hedged my airdrop earlier, but it’s fine. That phase is done.. focus…
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U.S. government transferred 667.62 BTC to a new address, valued at $74.79 million
The receiving address has not yet transferred or sold, ownership is unknown.
That 11.10 Flash crash insider whale increased short position to near $500M.
All before the Powell speech today at 4:20 PM UTC
Remember financial crime is legal these days. Stay Cautious
The receiving address has not yet transferred or sold, ownership is unknown.
That 11.10 Flash crash insider whale increased short position to near $500M.
All before the Powell speech today at 4:20 PM UTC
Remember financial crime is legal these days. Stay Cautious
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Powell says that QT will end in the coming months.
Bullish ✊ but don’t get too excited, manipulation ahead before the real move.
Bullish ✊ but don’t get too excited, manipulation ahead before the real move.
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Megaeth sale registration is live
🔗token.megaeth.com
- Signup, connect wallet, complete kyc and be ready
with USDT on Ethereum
✅Connect socials and additional 3 Wallets as If oversubscribed, these will help determine allocation.
Registration ends on 27 Oct
🔗token.megaeth.com
- Signup, connect wallet, complete kyc and be ready
with USDT on Ethereum
✅Connect socials and additional 3 Wallets as If oversubscribed, these will help determine allocation.
Registration ends on 27 Oct
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Alpha updates. 🪓
Photo
JUST IN: TRUMP, ASKED IF HIGH CHINA TARIFFS WILL STAND: NO
TRUMP: THINK WE'LL BE FINE WITH CHINA
And market bounced...
TRUMP: THINK WE'LL BE FINE WITH CHINA
And market bounced...
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We’re in that phase where fear’s high, liquidity’s thin and disbelief’s everywhere
the same setup that usually marks bottoms, not tops.
Gold’s overheated, funding’s negative.. what does this mean ?
Thread on what im seeing in the data. A full breakdown: 🧵👇
https://x.com/axel_bitblaze69/status/1979158144883306870
the same setup that usually marks bottoms, not tops.
Gold’s overheated, funding’s negative.. what does this mean ?
Thread on what im seeing in the data. A full breakdown: 🧵👇
https://x.com/axel_bitblaze69/status/1979158144883306870
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
We’re in that phase where fear’s high, liquidity’s thin and disbelief’s everywhere
the same setup that usually marks bottoms, not tops.
Gold’s overheated, funding’s negative.. what does this mean ?
Thread on what im seeing in the data. A full breakdown:…
the same setup that usually marks bottoms, not tops.
Gold’s overheated, funding’s negative.. what does this mean ?
Thread on what im seeing in the data. A full breakdown:…
❤10😢4🔥2
Unlock Your Gas ID
You’re eligible to claim if you’ve ever spent gas on Ethereum.
ETHGAS is building a marketplace where users and validators can trade blockspace and manage gas price volatility.
How to Join:
1️⃣ Go to 👉 ethgas.com/community/onboarding
2️⃣ Connect your Twitter account
3️⃣ Enter referral code: PTW2ZAQ
4️⃣ Open your Dashboard
🔹 Link your EVM wallets
🔹 Generate your Gas Report
🔹 Claim your Beans & complete quests for more rewards
🔹 Invite others to earn extra Beans
More Chapters are coming, stay tuned and keep claiming..
You’re eligible to claim if you’ve ever spent gas on Ethereum.
ETHGAS is building a marketplace where users and validators can trade blockspace and manage gas price volatility.
How to Join:
1️⃣ Go to 👉 ethgas.com/community/onboarding
2️⃣ Connect your Twitter account
3️⃣ Enter referral code: PTW2ZAQ
4️⃣ Open your Dashboard
🔹 Link your EVM wallets
🔹 Generate your Gas Report
🔹 Claim your Beans & complete quests for more rewards
🔹 Invite others to earn extra Beans
More Chapters are coming, stay tuned and keep claiming..
👍13❤4🍌1