Crypto Mumbles
risky trade, but i bought some spike post hack with an average around 8m i choose to believe that they were hacked and will recover eventually + it’s matt furie’s character https://x.com/originalspike/status/1800809334710178239?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
bad call, took the L on this trade
tldr; hacker still holds some supply and the team won't push spike until hacker is fully out
https://x.com/originalspike/status/1800956907227840588
tldr; hacker still holds some supply and the team won't push spike until hacker is fully out
https://x.com/originalspike/status/1800956907227840588
Crypto Mumbles
nearly got scammed/drained story: was approached by a ct profile @weberjon_eth to discuss a freelance crypto role. he sent a link to a conference call app called Vortax. the company's twitter profile and website looked really legit. as i was being extremely…
exact same scam as the one i went through here^
don’t click on random links from strangers
don’t click on random links from strangers
👍3
stay safe esp if you’re doing defi activities w crv exposure
reminds me of last year all over again
reminds me of last year all over again
bullx tells you when the dev sells now???
LMAO goat
i find this so hilarious and useful at the same time
seen a lot of people talking about it but haven't seen the feature for myself yet
LMAO goat
i find this so hilarious and useful at the same time
seen a lot of people talking about it but haven't seen the feature for myself yet
🔥9
Forwarded from Gong Jiao Wei 巩娇玮
I think there is serious cascade risk in crypto, and in particular, expect most alt coins to be taken out back. The market seems to have lost any ability to bounce, even in majors, while at the same time leverage and open interest remains high. No panic yet. I expect that changes.
Gold has rolled over, ETF inflows have slowed, the ETH ETF is weeks away at best and despite a number of attempts at breaking ATHs, Bitcoin just couldn't muster the strength. Meanwhile, stablecoin supply hasn't grown in months and with many venture funds looking to raise capital over the coming months they are being forced to show DPI, aka selling. Unlike equities which have a constant passive bid from ETF inflows and bond buybacks, crypto, and in particular alt coins, have the opposite - a constant stream of sell pressure. As we enter an already low volume summer period, the combination of significant token supply unlocks and VC sell pressure will likely be too strong of an uphill battle for most tokens. I have a feeling this market is about to learn what FDV truly means.
https://x.com/qthomp/status/1801410936768495946?s=46
Gold has rolled over, ETF inflows have slowed, the ETH ETF is weeks away at best and despite a number of attempts at breaking ATHs, Bitcoin just couldn't muster the strength. Meanwhile, stablecoin supply hasn't grown in months and with many venture funds looking to raise capital over the coming months they are being forced to show DPI, aka selling. Unlike equities which have a constant passive bid from ETF inflows and bond buybacks, crypto, and in particular alt coins, have the opposite - a constant stream of sell pressure. As we enter an already low volume summer period, the combination of significant token supply unlocks and VC sell pressure will likely be too strong of an uphill battle for most tokens. I have a feeling this market is about to learn what FDV truly means.
https://x.com/qthomp/status/1801410936768495946?s=46
👍1