Crypto Mumbles
“Overall, it would seem that the idea of the overhang has spooked markets more than the actual selling will.” https://blog.coinshares.com/estimating-the-market-impact-of-mt-gox-repayments-ec4a4927e50d
FxTwitter / FixupX
Kun (@0x_Kun)
People are far too worried about this for no reason (assuming your concern is Bitcoin)
Volatility is just price moving up and down from point a to b
Risk is permanent loss of capital
This selling in this framework is just getting to buy more BTC cheaper…
Volatility is just price moving up and down from point a to b
Risk is permanent loss of capital
This selling in this framework is just getting to buy more BTC cheaper…
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have a great weekend everyone :-)
leave the charts and market and enjoy life
leave the charts and market and enjoy life
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Forwarded from Wu Blockchain News
Mechanism Capital founder Andrew Kang: I believe 98%+ of altcoins topped for the cycle except for maybe a handful of coins that may make some new highs in Q4 2024/Q1 2025. Memes probably constitute a majority of the coins that have a chance of making new highs. — link
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Forwarded from Wu Blockchain News
The German government has transferred 16,038.7 BTC ($915.3M) to exchanges and market makers today. They have transferred a total of 26,071 BTC ($1527.9M) since they started selling coins on June 19, and there are currently 23,788 BTC ($1.32B) in the address. — link
Crypto Mumbles
if we remain around current levels despite repayment news, then i'll note it as a sign of strength or simply that the fear selling is mostly done watch the market
more sells happening (and more to go)
levels are fairly stable still
note that
levels are fairly stable still
note that
Forwarded from Leviathan News
Fantom Foundation awarded $2.2m for losses suffered in the Multichain bridge exploit by court in Singapore - blog.fantom.foundation
i would consider messi a-tier celeb
but man shilled water on his ig story idek
why would he shill that bs its so disappointing
is it really over
but man shilled water on his ig story idek
why would he shill that bs its so disappointing
is it really over
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Forwarded from Watcher Guru
JUST IN: 🇩🇪 German Government sells 17,000 $BTC worth $951 million, its largest single-day Bitcoin liquidation.
@WatcherGuru
@WatcherGuru
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Crypto Mumbles
if you're a crypto native, you would definitely know the term retardio mindshare repricing has begun after consolidation acceleration to 9 figs asap
acceleration to 9 figs happening rn
retardio
retardio
Forwarded from Wu Blockchain News
On July 8, the total net inflow of Bitcoin spot ETFs was $295 million, the highest inflow in the past 21 days. Yesterday, the German government also sold the largest amount of BTCs in recent times, reaching $915.3 million. Grayscale ETF GBTC had a single-day inflow of $25.0753 million, BlackRock ETF IBIT had a single-day inflow of $187 million, and Fidelity ETF FBTC had a single-day inflow of $61.5378 million. — link