Binance lucrative funding rates -0.8% OI $80m. if funding rate stays the same for a couple of days shorters gonna liq auto.

higher for longer.

CPI day ~ 7:30 AM ET.

Consensus YoY: 3.4%

Banks Estimates ^

Jp morgan game plan for CPI.

Wintermute address with amount of 2.5 million $RBN have been exchanged for $AEVO , with a loss of 778,000 US dollars

Unlocks are not memes; they caused the depeg $1 AEVO.

35.54 million $BLUR ($12.96M) transferred from the Blur unlocking contract to Coinbase Prime.

$Blur 100b FDV at launch and a few millions now..

Since BLUR entered the unlocking cycle on June 15, 2023, a total of 23% (690.7 million) of BLUR has been unlocked and transferred to Coinbase Prime.

^

^

https://cobie.substack.com/p/new-launches-part-1-private-capture

This week:

Project updates:
Moonbeam $GLMR: Moonrise Release on May 20, 2024
Zilliqa $ZIL: Network Upgrade v.9.3.4 on May 20, 2024
MultiversX $EGLD: Hard Fork on May 21, 2024
Aleph Zero $AZERO: MOST Launch on May 21, 2024
Lisk $LSK: Klayr Snapshot on May 21, 2024
Chiliz $CHZ: Hard Fork on May 21, 2024
$ETH: VanEck's spot ETH ETF application deadline on May 23, 2024
Neutron $NTRN: Network Upgrade on May 23, 2024
Binance Coin $BNB: Spot Trading Tick Size Update on May 23, 2024
$INTX: IntentX token launch on May 23, 2024
$ENA: Ethena's USDe stablecoin integration into Bybit next week
Swarm $BZZ: Bee v.2.1 Update on May 28, 2024
Carbon Browser $CSIX: Token Burn on May 30, 2024
$FTM: Voting for Fantom's rebrand to Sonic and $S token migration started
Aggr trade adding new options /data to platform.

Token Unlocks
Pyth Network $PYTH: $804M (Already Unlocked) Check the chart?
Avalanche $AVAX: $340M
AltLayer $ALT: $29.44M
GateToken $GT: $15.68M
SPACE ID $ID: $13.58M
Bonfida $FIDA: $7.18M
Metaplex $MPLX: $7.08M

Macro
$ETH ETF approval: According to betting markets, there is only a 7% chance for an ETF approval.
Nvidia reports Q1 2024 earnings – Wednesday
Fed Meeting Minutes – Wednesday
Total of 18 Fed speaker events this week

~ Alpha Research

The Pyth short squeeze is not bullish Unlocks move But; the project front-ran the short sellers.

Those who shorted today, expecting $800M unlocks, got liquidated since the project unlocked tokens ~12 hours ago.

Binance is planned to list projects with smaller market valuation following the people’s Sentiment.

https://binance.com/en/support/announcement/calling-for-project-applicants-95b023902fef42e6a630425170460656?hl=en

$400m liquidated in last 12hrs,

The most entertaining outcome is the most likely

Real time liq data via aggr trade

Did the White House get a memo from the funds staff that being anti-crypto isn't good for the election polls?

"We created The Ethereum Investment Framework to help people get up to speed as fast as possible"

That's a Coindesk intern move.

ETH etf's deadlines, Updated.

Bitcoin ETF's Cumulative Netflow $1.2b

BTC spot ETF total net inflow was $241.12M yesterday, marking a 6 days of consistent inflow.

Easiest trade follow the ETF's flow.

DWF labs bought 25M GALA on open market after the gala hack

https://x.com/DWFLabs/status/1792926708821086509