Market is looking overly PVP with participants risking 1e to make .1e gain.
Makes for a very difficult micro/thin Volatile market to trade with.
Makes for a very difficult micro/thin Volatile market to trade with.
$MAGIC Holder accuses Treasure team of selling tokens at half price through OTC, causing MAGIC to plummet
https://twitter.com/cryptogle/status/1696417638296027223?s=20
https://twitter.com/cryptogle/status/1696417638296027223?s=20
X (formerly Twitter)
ogle (@cryptogle) on X
1) I'm a $magic whale, former maxi, and I'm selling all of my bags and opening shorts. here's why-
tl;dr-
1) @treasure_dao team selling their magic (50% off spot!)
2) whales dumping
3) team lies to investors
4) probably going to $0
(told to my friend tech…
tl;dr-
1) @treasure_dao team selling their magic (50% off spot!)
2) whales dumping
3) team lies to investors
4) probably going to $0
(told to my friend tech…
Classic Grayscale/General news Action:
> Insider Buy first
> editorial Staff ex; DB/tree/etc Buys 2nd
> People who see first buys (3rd)
> people who are first to spread news (4rth)
> RETAILS (at the end) buys and provides liq
(be early or never be exit liq)
> Insider Buy first
> editorial Staff ex; DB/tree/etc Buys 2nd
> People who see first buys (3rd)
> people who are first to spread news (4rth)
> RETAILS (at the end) buys and provides liq
(be early or never be exit liq)
People familiar with the matter: Robinhood has ended its crypto partnership with Jump Trading
Source: Coindesk
Source: Coindesk
Alpha
DWF Bought $CYBER yesterday $750k worth from Binance.
$CYBER $8 now (ATH) DWF bought around $4 cartl
The $DYDX yesterday had unlocks of $6.18 for trading rewards, $2.47 for liquidity provider rewards, and $5.36 for treasury rewards.
Rewards typically create selling pressure on the price. [If not being handled with counter strategies]
Overall, the real pressure from unlocks hasn't started yet. Since these unlocks are vested linearly, the real spikes in unlocks are expected by the end of 2023. At that time, investors, employees, and even [future employees]' tokens will start being Load-off on the market, leading to further price volatility. For now it's a Short Opportunity with a Invalidation above previous High spike.!
Tokens should be a means to an end, not the end itself. Over-reliance on rewards can overshadow the true utility and potential of a platform.
Rewards typically create selling pressure on the price. [If not being handled with counter strategies]
Overall, the real pressure from unlocks hasn't started yet. Since these unlocks are vested linearly, the real spikes in unlocks are expected by the end of 2023. At that time, investors, employees, and even [future employees]' tokens will start being Load-off on the market, leading to further price volatility. For now it's a Short Opportunity with a Invalidation above previous High spike.!
Tokens should be a means to an end, not the end itself. Over-reliance on rewards can overshadow the true utility and potential of a platform.
Alpha
The $DYDX yesterday had unlocks of $6.18 for trading rewards, $2.47 for liquidity provider rewards, and $5.36 for treasury rewards. Rewards typically create selling pressure on the price. [If not being handled with counter strategies] Overall, the real pressure…
7% of total Supply is reserved for [Future Employees & Consultants] based Team.
Alpha
Binance listings generally tend to perform well after the initial dump, as FOMO money jumps in and provides exit liquidity for others. The most recent listings, such as $EDU, $SUI, $PEPE, and $LQTY (check graph reference), are likely to follow this trend…
If you've been following, I have posted 2/3 brief analyses explaining why and how Binance listings generally perform well initially and then significant drops later on... [Wen Fomo Jumps In]
Alpha
The $DYDX yesterday had unlocks of $6.18 for trading rewards, $2.47 for liquidity provider rewards, and $5.36 for treasury rewards. Rewards typically create selling pressure on the price. [If not being handled with counter strategies] Overall, the real pressure…
$DYDX investors, Unlocks Starting by Dec/2023.
Probably Last (year end) dips before proper run, Sept is usually negative for crypto, with strong seasonality.
The $CYBER Community Treasury has just dumped $5.20 million worth of $CYBER tokens.
It's possible that $1.43 million was dumped by DWF Labs via the Gensos address (0x36f), which then went to Wintermute.
$1.43 million in $CYBER was sent to Wintermute OTC, and they subsequently deposited it into Binance.
It's possible that $1.43 million was dumped by DWF Labs via the Gensos address (0x36f), which then went to Wintermute.
$1.43 million in $CYBER was sent to Wintermute OTC, and they subsequently deposited it into Binance.