Alpha – Telegram
24.6K subscribers
5.76K photos
287 videos
410 files
8.25K links
Alpha isn't just the first letter of the Greek alphabet. It's a mindset. It's seeing opportunity where others see chaos.
Download Telegram
Based on the past 10 years record, 5/10 raked in >30% upside during April..
image_2023-03-31_14-24-40.png
254.4 KB
graph last 7years vs current!
Imp data release in couple of hours:

Core PCE Price Index m/m
Forecast ~ 0.4%

Different time zone:
USA Eastern Time: 8:30 AM
USA Pacific Time: 5:30 AM
UAE Time: 1:30 PM
Turkey Time: 7:30 PM
10 minutes to the PCE
The annual rate of core PCE price index in the United States in February was 4.6%, expected to be 4.70%, and the previous value was 4.70%.
[BBG] : Core PCE Price Index m/m
0.3% 0.4% 0.6%
nothing major but it’s still progress for the FED, most likely the market will be pushing for more dovish expectations with this
Slightly bearish for USD and bullish stocks and crypto!
but keep in mind it’s Friday and it’s month and quarter end.. VOL!
US Govt Sold 9,800 BTC on March 14, Intends to Sell a Further 41,500 BTC Connected to Silk Road in Four Batches Over the Course of the Year: Court Filing
LD-Capital just deposited 555k $CTSI tokens to Binance, worth $85k.
The Fed released its balance sheet and it showed a slight decrease.
Arbitrum Foundation says it started dumping ARB tokens before the community "ratified" its treasury decisions.
This incident/activity shows that decentralized systems (DAO's) are not immune to corruption and abuse, and underscore the importance of transparency, accountability, and community participation
Wintermute Wallet dumped $4.57 million worth of $ARB tokens on Binance in the last two hours.

Some say it's the Arbitrum team wallet, but labeled as Wintermute. They are still holding 1,755,588 (1.7 million) $ARB tokens.

address:
0xb3f923eabaf178fc1bd8e13902fc5c61d3ddef5b
image_2023-04-02_20-03-39.png
27.6 KB
The pressure can be seen in the price.
The current 24-hour $ARB volume is around $300m.

What effect would a $750m dump (as proposed for Arbitrum op costs $750m ) have on the price?
If the team is skilled and capable enough, they should provide clarifications that could indicate a local bottom in $ARB above $1.16. Otherwise, if they continue to be non-active with recent DAO activities and continue selling, it could lead to further price weakness and inner governance weakness of the DAO..