Alpha – Telegram
25.8K subscribers
5.82K photos
293 videos
410 files
8.38K 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
SEC SET TO GREENLIGHT ETHER-FUTURES ETFS IN CRYPTO INDUSTRY WIN
Amber Group bought 1.5 million of $BLUR, approximately $314,000.

Wintermute got $1 million worth of $BLUR from Coinbase.

But has it bottomed? Not yet; it could still drop another -30%.

Smart money has been accumulating since July 27th, and it's down -60%.

Only 30% of the coins are unlocked, with 70% pending to be dumped in the market.
DWF Labs Deposited the part of $CRV that they purchased OTC from the founder of Curve to > Binance.

DWF Labs spent 5 million on 01-Aug to purchase 12.5 million CRV OTC from the founder of Curve at a price of $0.4. 30 minutes ago, DWF Labs transferred 2 million CRV ($1M) to Binance. (DWF Scalping)
Machi purchased an additional $APE today valued at $360k.
In just August, $1.88 million $APE have been accumulated by Machi!
There was a $4 million transfer from Coinbase to various wallets in last 7days/

The distribution is at a 50/50 ratio, with 50% of the tokens now unlocked.
The next unlocking is scheduled in 28 days.

Recently, market observed selling pressure from the last week unlocked tokens, especially with the BTC dump. This aligns with our APE local bottom proposition.
A few v imp Events for Week Ahead 20Aug/27Aug | 2023

Imp Unlocks:
Aug 21, 8:00: $INJ: 2.86M ($22.02M, 3.41%) (Unlocked Already a few hrs ago, 96% supply out and no more Unlocks until 190days)

Aug 22, 8:00: $ID: 18.49M ($3.72M, 6.46%)

Aug 26, 1:51: $LDO: 8.5M ($14.2M, 0.97%) (Last Investors Unlocks, And 99% Supply is unlocked already)

Aug 26, 8:00: $Avax: 9.54M ($103M, 2.77%)

Aug 27, 22:00: $YGG: 12.22M ($2.87M, 6.6%) (now perps Are listed on Binance)

note:
% of Supply > $millions

Macro:

Jackson Hole (Fed members will speak; Powell might comment on crypto or address unexpected questions) By Friday 25/Aug.
BAYC is down 18%, MAYC is down 25%, Azuki is down 28%, DEGODS is down 39%, and Penguins are down 10%.

Founders are resigning, and NFTs are dumping.

BAYC holders are joining the socials chain, rotating from NFTs to social tokens.

There's betting on skill/engagement versus holding Rocks that are down -90%.
CAP Finance Dumped 1 million ARB for $1.02 million, at an average price of $1.

On April/25, the CAP Finance treasury received an airdrop of 2.96 million ARB from the Arbitrum Foundation. Out of this, 2 million ARBs were sold for 3.11 ETH + 1.59 million, at an average price of $1.09. (Weak Hands)

Vitalik Also deposited 600ETH to coinbase.
Mandala Capital Also transferred 3.6 million $ARB tokens to OKX in the past 2/3 hours This transfer, valued at $3.67 million, was at an average price of $1.017 per ARB.
$BNB Open interest reached $1m (This year High) (4)

Binance limits EUR withdrawals and deposits via SEPA, cites payment processor issues.
$CRV is almost back to OTC price.

The wallet of the Curve founder and himself has never been as active as it is now.

>SOLD $CRV OTC @ 0.4 to repay loans with the proceeds.
>Regularly withdrawing $CRV from Team Vesting.

Within the Curve Team, there are 3 out of 4 wallets labeled as team1-2-3, but all these members are founders themselves.

In the latest transaction, the founder moved $4 million worth of CRV from Team Vesting and deposited it into Silo Llama. (Silo Llama allows you to use $CRV as collateral to borrow other assets.)

DWF Labs made some profits by selling around 0.5, while the remaining OTC holders have returned to breakeven.
Alpha
DWF labs Meanwhile
^ (All Back to breakeven)
Not All listings are positive for PA - Cyber Upbit listing marked the local top in $CYBER down -22%
Alpha
Photo
DWF Bought $CYBER yesterday $750k worth from Binance.
Wintermute on $crv & defi bad debts
"Hedged" ^