The market is coming down due to reduced or no buys from $STRC bitcoin purchases as per my last post, It also seems the clarity act news was a sell the news event, I have attached both timestamped charts since my last posts(1) and after the clarity news pass(2)
$STRC hit $100 today, usually @saylor tends to buy a lot that week, This usually pushes the btc higher or btc holds pretty well, however this month people seems to be frontrunning his buys and positioning themselves ahead
As we approach closer to the dividend date which is alyways around 15th of every month, purchases are low or even none observed as per the last month stats.
Last week strategy's purchases amounted to $43m worth btc at an average price of $80340
Which Strc funded 0.1M and Mstr for 42.9M
Found somewhere this tracking dashboard for strc buys which indicates that today it has already bought $81M worth of btc
https://t.co/2Tfjy7oFN0
Lets wait on Monday to see how much they bought this week and how the market reacts after they slowly or pause buying.
Few min a go $Wld team sent coin worth $1.69M tocoinbase,Lately the team have been selling aggressively which 3/3 pushed the price downwards
https://t.co/x3P2ZhFV9k
$Ton is up over 25% today,
@durov made an announcement yesterday that Telegram will be taking over Ton which was previously driven by the Ton foundation.Earlier on the fees in Ton were sliced 6x.
Seems like a great move considering its Telegram success and its massive user base.
Tg founder have also hinted there are few more steps remaining for making "Ton great again"
People tend to fade Ton and underate it but i think this time might be different.
The $WLD team have been selling their tokens lately
This month they have deposited several times to cex probably for selling
4th,6th and 22nd april
https://t.co/z1wMk4TEYV
https://t.co/bsrxwa8HhG
The token have experienced -3%+ 3/3 times after the deposits to either binance or bybit
Yesterday(24th april) the team deposited tokens worth $5.6M to bybit deposit
https://t.co/oqrVwUxrj9
https://t.co/J5Qh9FKN5G
It might take sometime for it to be visible in the charts but if the same trend happens this would be a nice short