Japan is closed for the rest of the week. Meaning very poor overnight liquidity and you can see that not many contracts trading in book!
$KRE Regional Banks -8.5%
more talks around about short sale restrictions on banks particularly.
more talks around about short sale restrictions on banks particularly.
Same happened during GFC /2008 and SEC restricted short selling
2008 release; https://www.sec.gov/news/press/2008/2008-211.htm
2008 release; https://www.sec.gov/news/press/2008/2008-211.htm
Alpha
The Ethereum Foundation has just deposited 15,000 $ETH into Kraken. Foundation wallet; 0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae
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Bigger picture of Ethereum returns after Foundation Wallet deposits:
Mostly, they were sold during the pump. Good stats. not 100%; but don't be naive in the face of FUD!
Mostly, they were sold during the pump. Good stats. not 100%; but don't be naive in the face of FUD!
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May/2023 Token Unlocks Focus:
This month, mainly $ATA, $GAMEFI, $REAL, and $VEGA will have their final venture capital (VC) unlocks.
Almost 1 billion coins, worth $145 million or more, will be unlocked.
$ATA has already unlocked 36% of its supply, and GameFi has unlocked 56%. With the final VC unlocks this month, both $ATA and GameFi will see around 4% additional unlocks, and $ATA will also have a 15% allocation to its team. Where Investors are up $ATA 7.6x Vs 17x On Gamefi, 0.1x on $REAL and 3x on $VEGA; These unlocks may result in fresh inflows and long/short volatility for the tokens.
Additionally, 35 other tokens are expected to have medium-sized unlocks this month. For more info, please refer to the attached screenshot of the complete opportunity set dashboard.
This month, mainly $ATA, $GAMEFI, $REAL, and $VEGA will have their final venture capital (VC) unlocks.
Almost 1 billion coins, worth $145 million or more, will be unlocked.
$ATA has already unlocked 36% of its supply, and GameFi has unlocked 56%. With the final VC unlocks this month, both $ATA and GameFi will see around 4% additional unlocks, and $ATA will also have a 15% allocation to its team. Where Investors are up $ATA 7.6x Vs 17x On Gamefi, 0.1x on $REAL and 3x on $VEGA; These unlocks may result in fresh inflows and long/short volatility for the tokens.
Additionally, 35 other tokens are expected to have medium-sized unlocks this month. For more info, please refer to the attached screenshot of the complete opportunity set dashboard.
May 2023 Token Unlock Landscape!.pdf
3.5 MB
$ALPHA is expected to have a 3+% unlock next month. It has experienced several pumps since January, with the most recent being a 55%.
Investors have seen a 10x return, and 77% of the token's supply is already in circulation.
I used $ALPHA as an example to explain how unlocks can impact volatility and who mainly pumping and dumping..
Investors have seen a 10x return, and 77% of the token's supply is already in circulation.
I used $ALPHA as an example to explain how unlocks can impact volatility and who mainly pumping and dumping..
Alpha
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Specifically from the VC dashboard tokens, we can observe what Dex smart traders are doing. If we look at the third column, "concentration," we can see that it is above 70%. This means that major supply holders are concentrated in the top 5 addresses.
"centralization" "influence " "manipulation " Pumps and dumps;
"centralization" "influence " "manipulation " Pumps and dumps;
An automated Google Sheet Dashboard containing all of the Unlocks metrics etc will be shared soon, within a few hours. I gave whole weekend to work on the dashboard and write etc, specifically to verify the accuracy of the data and information.
Alpha
May 2023 Token Unlock Landscape!.pdf
I have added some data and logical reasoning graphs in a PDF that are worth reading and checking. You can also search on Google for more info always explore stuff.
However, the main issue is that many on social media trade based on guesses, without any reasoning or data to back it up. Do you know anyone who does this? here focus is to share data and proper reasoning. None of my posts were or are without context or logical reasoning. This kind of analysis takes a lot of time, but I would never share anything without reasoning or reference. It is not worth it in my opinion.
However, the main issue is that many on social media trade based on guesses, without any reasoning or data to back it up. Do you know anyone who does this? here focus is to share data and proper reasoning. None of my posts were or are without context or logical reasoning. This kind of analysis takes a lot of time, but I would never share anything without reasoning or reference. It is not worth it in my opinion.
While shitcoin plays can be good, getting caught up in FOMO and getting rekt is not good play. If you see someone going long 1M in a shitcoin, it may not necessarily be a good idea to put all your money into it just because someone else did. For that person, 1M may only be worth a few thousand, whereas for you, given your individual circumstances, risk tolerance, and reward preferences, it may represent a different level of risk. Just enjoy the Pump and market sentiment!
Additionally, many who make profits in shitcoins often give them back to the market within three months. I can name some examples....
It's always a better strategy to understand your risk tolerance and take calculated risks!
Additionally, many who make profits in shitcoins often give them back to the market within three months. I can name some examples....
It's always a better strategy to understand your risk tolerance and take calculated risks!
Binance temporarily suspends all Bitcoin withdrawals, citing "network congestion issues.