👀 FTX is in deep trouble :

1. FTX's stablecoin reserve just reached a year-low. -93% in last two weeks!

2. FTX hourly withdrawals for ETH just hit an all-time high.

3. FTT token reserve across all exchanges reached an all-time high.

💰 Binance is selling half a billie worth of $FTT tokens due to claims "FTX was lobbying against other industry players in secret."

🚨🚨 Why is the G20 meeting one of the year's most important event?

On November 15, India's finance minister will be in charge of all G20 issues, and they are ready with a Crypto framework for all G20 countries.

In this year, the FM of India 🇮🇳:

- Put in place a flat 30% tax with no loss setoff.
- Imposed Every buy and sell order a 1% TDS transaction fee.
- Started CBDC last week and called Crypto citing risks to financial stability.
- She wants to stop crypto from growing and promote CBDC & centralised government blockchains.
- Already warned foreign exchanges that they should stop working with Indian customers.
- To get information about tax invaders they might order a ban or impose a worldwide crypto framework on foreign exchanges.

India has the most people who own crypto in the world. India's FM is definitely going to make things hard for India and the whole industry. 📉📉

Major cryptocurrency exchanges are worried about the G20 meeting, Also 💰 CZ tweeted about it day before yesterday: "India's cryptocurrency taxes may kill the industry."

💰 ETH SWING SHORT

Two Entries : 1585 - 1700

Target : 1400 - 1200

SL : 1840

🥇 Bitcoin rejected from mentioned reversal level. Took first swing short entry at $21.2k.

$19k level is magnet 🧲

👀 FTT's support of $22 is getting weaker.

Just started building multiple #FTT short positions with a goal of $16 to $12.

👀 FTX vs ByBIT Exchange Token.

Bybit's exchange token BitDAO BIT suddenly plummeted 20% 📉 within an hour, and FTT has also dropped by 20%.

🚨 Last year Alameda Research converted 3.36m FTT (1% of the total) to 100m BIT (1% of the total), but both sides agreed that they will not sell within 3 years.

💰 BTC dumped 66%‼️
after 2014 mid term election

🥇 BTC dumped 51%‼️
after 2018 mid term election

🥇 BTC 2022 Election Dump is loading....

This is gonna be a huge month!!

Mid term elections, CPI Data, G20 Regulations, FTT Insolvent, & more.

Bottom is loading be ready to catch it.

💰 NEAR is on critical weekly support!

Opened a short position at $2.8 with target $2.5 - $1.8

⚡️ Breaking: CZ said 💰 #Binance is intending to fully acquire 💰 #FTX.

Because FTX's asking for help and liquidity crunch.