The Most Important Events Next Week:
CPI: Estimated to be 4.1% YoY on the 13th.
FOMC Statement: Fed Rate decision on the 14th, Tuesday.
XRP Lawsuit: documents become public on the 13th, providing insights into which cryptos are not considered securities.
Ether fi Launches NFTs Backed By Staked ETH.
APTOS: $27 million worth of tokens unlocked by the 11th.
BLUR: Unlocking from 500 million to 700 million supply on the 14th.
GMX v2 on testnet, rumored to launch by the end of June.
YFI launching yETH + yYFI revenue share.
SNX v3 on alpha testnet.
Level__Finance on Arbitrum.
LTC halving.
vela_exchange launch on the 26th.
UniDexFinance crosschange aggregator launching.
CPI: Estimated to be 4.1% YoY on the 13th.
FOMC Statement: Fed Rate decision on the 14th, Tuesday.
XRP Lawsuit: documents become public on the 13th, providing insights into which cryptos are not considered securities.
Ether fi Launches NFTs Backed By Staked ETH.
APTOS: $27 million worth of tokens unlocked by the 11th.
BLUR: Unlocking from 500 million to 700 million supply on the 14th.
GMX v2 on testnet, rumored to launch by the end of June.
YFI launching yETH + yYFI revenue share.
SNX v3 on alpha testnet.
Level__Finance on Arbitrum.
LTC halving.
vela_exchange launch on the 26th.
UniDexFinance crosschange aggregator launching.
Alpha
The Most Important Events Next Week: CPI: Estimated to be 4.1% YoY on the 13th. FOMC Statement: Fed Rate decision on the 14th, Tuesday. XRP Lawsuit: documents become public on the 13th, providing insights into which cryptos are not considered securities.…
Specifically regarding $GMX:
Arthur Hayes has added positions after a 9-month interval:
Between March 3rd and September 7th last year, he accumulated a total of 200,000 GMX at an average price of $44.5.
His GMX holdings have been pledged and not sold.
With the current decline in the GMX price nearing his cost basis, he has started buying. Yesterday and today, he bought a total of 2,327 GMX at an average price of $45.
debank?
Arthur Hayes has added positions after a 9-month interval:
Between March 3rd and September 7th last year, he accumulated a total of 200,000 GMX at an average price of $44.5.
His GMX holdings have been pledged and not sold.
With the current decline in the GMX price nearing his cost basis, he has started buying. Yesterday and today, he bought a total of 2,327 GMX at an average price of $45.
debank?
Unblurring the $Blur Unlocks. (free/ofc)
https://marketsalpha.substack.com/p/unblurring-the-blur-token-unlocks
https://marketsalpha.substack.com/p/unblurring-the-blur-token-unlocks
Alpha’s Substack
Unblurring the $Blur Token Unlocks.
$BLUR upcoming Unlocks Analysis.
Michael Egorov (Curve Founder) deposited 38 million CRV tokens worth $24 million — into Aave to mitigate liquidation risk.
https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428
https://debank.com/profile/0x7a16ff8270133f063aab6c9977183d9e72835428
DeBank
DeBank | Your go-to portfolio tracker for Ethereum and EVM
An interesting whale, which has been buying $DYDX and $BLUR, added another position 3 hours ago.
transferred 818,000 $USDC and received 300,000 DYDX and 1 million $BLUR.
This address has accumulated purchases since March 7, 2023:
3.9 million $DYDX (average price $2.48) with the current floating loss at 37% ($3.6M).
13.5 million $BLUR (average price $0.61) with the current floating loss at 47% ($3.87M).
The whale also bought $BLUR OTC from Amber/Dragonfly OTC at a buy cost of $0.61 on March 7, 2023.
Note: $BLUR will be unlocking 6.4% of its token supply by June 14th. This allocation will be distributed to investors and the team.
verify?
transferred 818,000 $USDC and received 300,000 DYDX and 1 million $BLUR.
This address has accumulated purchases since March 7, 2023:
3.9 million $DYDX (average price $2.48) with the current floating loss at 37% ($3.6M).
13.5 million $BLUR (average price $0.61) with the current floating loss at 47% ($3.87M).
The whale also bought $BLUR OTC from Amber/Dragonfly OTC at a buy cost of $0.61 on March 7, 2023.
Note: $BLUR will be unlocking 6.4% of its token supply by June 14th. This allocation will be distributed to investors and the team.
verify?
The S&P 500 just met the popular definition of a "bull market" (the 20% up rule), and retail investors are chasing the rally.
The market is trading above all Wall Street's 2023 estimates. Additionally, Goldman Sachs has revised their year-end target for the S&P 500, raising it to 4500 from 4000.
U.S. recession probability dropped to 25% down from earlier projection of 35% via Goldman Sachs
Whereas BTC is down by -0.44%, decoupling from equities.
The market is trading above all Wall Street's 2023 estimates. Additionally, Goldman Sachs has revised their year-end target for the S&P 500, raising it to 4500 from 4000.
U.S. recession probability dropped to 25% down from earlier projection of 35% via Goldman Sachs
Whereas BTC is down by -0.44%, decoupling from equities.
*Binance United States: SEC's move for asset freezing will cause the company to be in trouble
*Defense lawyer: Zhao Changpeng has BAM Trading's bank account but has no right to sign
*Defense lawyer: Zhao Changpeng has BAM Trading's bank account but has no right to sign