Forwarded from The Kobeissi Letter
Buy-the-dip activity is incredibly strong:
Investors bought +$3.9 billion in US equities last week following 3 straight weeks of selling, according to BofA.
Net inflows to single stocks hit +$4.1 billion, the 5th highest since 2008, and the largest on record for a week when the S&P 500 fell at least -1%.
This was driven by institutional inflows of +$4.4 billion, the most since November 2022.
Retail investors bought +$1.1 billion, marking their 2nd weekly purchase out of the last 6.
Meanwhile, hedge funds sold -$1.6 billion, posting their 5th consecutive weekly sale.
Investors are eager to buy dips.
(@TheKobeissiLetter)
Investors bought +$3.9 billion in US equities last week following 3 straight weeks of selling, according to BofA.
Net inflows to single stocks hit +$4.1 billion, the 5th highest since 2008, and the largest on record for a week when the S&P 500 fell at least -1%.
This was driven by institutional inflows of +$4.4 billion, the most since November 2022.
Retail investors bought +$1.1 billion, marking their 2nd weekly purchase out of the last 6.
Meanwhile, hedge funds sold -$1.6 billion, posting their 5th consecutive weekly sale.
Investors are eager to buy dips.
(@TheKobeissiLetter)
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reminds me of the book Outliers
being born in proximity is also a factor of luck, and whether you choose to take advantage of that luck is up to you
https://x.com/izebel_eth/status/1979690014591356974
being born in proximity is also a factor of luck, and whether you choose to take advantage of that luck is up to you
https://x.com/izebel_eth/status/1979690014591356974
X (formerly Twitter)
jez (equity perps era) (@izebel_eth) on X
the single most important factor for truly great outcomes is not how hard you work or how smart you are
its if you were born in proximity to a great tech revolution
ask yourself in 20 yrs what you were doing while programmable money took over
its if you were born in proximity to a great tech revolution
ask yourself in 20 yrs what you were doing while programmable money took over
Forwarded from Mlm onchain
The wallet linked to Andrew Kang also got liquidated on the same trade this morning for roughly $66.1M notional, including 26.4M ENA ($12.5M), 9K ETH ($36.5M), and 155 BTC ($17.1M).
After checking his withdrawals, I noticed he deposited the exact same amount that the other wallet received into KuCoin, directly linking the two wallets.
This confirms he’s been liquidated for a total of $151.1M notional over the past few hours - all from the same trade: long ENA, short BTC and ETH.
https://hypurrscan.io/address/0x0b5488eadf81e259963a748f4455844fe621c2d5
After checking his withdrawals, I noticed he deposited the exact same amount that the other wallet received into KuCoin, directly linking the two wallets.
This confirms he’s been liquidated for a total of $151.1M notional over the past few hours - all from the same trade: long ENA, short BTC and ETH.
https://hypurrscan.io/address/0x0b5488eadf81e259963a748f4455844fe621c2d5
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Forwarded from unfolded.
Strategy has acquired 168 BTC for ~$18.8 million at ~$112,051 per Bitcoin — link | AI comment
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Forwarded from aggrnews
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Forwarded from Walter Bloomberg
*SPOT GOLD FALLS 6.3% IN BIGGEST ONE-DAY DROP SINCE APRIL 2013
(@WalterBloomberg)
(@WalterBloomberg)
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