RAVE, LAB, MYX, ESPORTS, GPS...
All of them pumped to utopian highs.
All of them crashed 90%+ within hours.
So how exactly do they pull this off?
Here's the full breakdown. 🧵
Keep an eye on $BEAT and $LAB
These will be next $H
Im tracking all wallets closely. Hopefully we catch the move before the drop happens.
✓ Join the TG group
✓ Turn on notifications
Otherwise you’ll just end up reading a ZachXBT post after the dump.
https://t.co/7sDnrsfCJg
Yesterday we talked about $SAHARA and the possibility of increasing volume.
In scam-style tokens, transfers between side wallets and cold wallet movements often lead to short-term upside. And that’s exactly what happened.
After my post, price moved from around 0.032 up to 0.04.
Unfortunately, while I was offline, there were heavy outflows from Bitget cold wallet and a series of complex bridge transactions between team wallets that are hard to track in real time.
We are still around 17 days away from the major unlock. I originally expected the downside closer to that date, but it happened much earlier.
Bad timing on my side, I couldn’t take the short position.
I wasn't online, but both wallets are still selling.
We're a bit late to the move, but they're worth keeping an eye on.
Wallet 1:
0xd1ea823d421e0c829ee11f772af487fd352678ea
Remaining balance: 135M $H
Wallet 2:
0x9e995952eF7665B243eeEF0693acD7FEd7150504
Remaining balance: 13M $H
Short squeeze still possible?
Binance will delist 4 tokens on June 19. I’m watching all 4 tokens very closely because I’ve seen similar situations many times before.
In the past, delisting announcements caused heavy sell-offs, followed by absurd rallies. This tends to happen more often with spot delistings. Of course, nothing is guaranteed, but if one of these tokens experiences a strong short squeeze, history suggests that the other delisted tokens could follow.
These tokens have very low market caps. That means price movements can be extremely violent in both directions. You could make a lot of money, or lose a lot of money. Trade accordingly.
$HIGH
Mcap: $8M
Based on the liqheatmap, the first major target is around 0.14.
With a strong short squeeze, a manipulative move above 0.30 is possible.
$D
Mcap: $4.5M
Based on the liqheatmap, the first major target is around 0.008.
With a strong short squeeze, a manipulative move above 0.016 is possible.
$MBOX
Mcap: $4.1M
Based on the liqheatmap, the first major target is around 0.15.
With a strong short squeeze, a manipulative move above 0.23 is possible.
$COS
Mcap: $3.8M
Based on the liqheatmap, the first major target is around 0.015.
With a strong short squeeze, a manipulative move above 0.024 is possible.
Important note: A short squeeze is NOT guaranteed.
I simply wanted to explain what could happen based on similar situations I've seen many times in the past.
For more updates, you can join us through the link below.
Zcash fixes the vulnerability that allowed unlimited ZEC issuance; however, due to privacy pool characteristics, it's impossible to verify whether it has been previously exploited.
$ZEC #ZEC
LAB to $27.9?
Same supply as RAVE. RAVE topped at $27.9. Bitget was the main story back then, and looks like they might be back in play with $LAB.
They were holding like 89% of supply as i mentioned it before.
Since then, LAB did a clean 4x.
Now everything’s moved to cold wallet, around 264M LAB. Even more aggressive than $RAVE issue.
At current price, that stack’s worth roughly ~$500M.
As long as those tokens don’t hit spot, there’s no real sell pressure.
Futures side is a bit different though (check the weekly volume change).
Wouldn’t be surprised if @zachxbt looks into this soon.
27.9 🎯
One month ago, when $LAB was trading around $0.50, I calculated a target of $27.9.
Today, it reached that level before dropping roughly 70%.
Ngl even I’m surprised it played out this accurately. 😬
Gm guys.
There were heavy $LAB transfers about 5 minutes before the dump. Unfortunately, I was asleep so I couldn’t warn you in time.
They know people are tracking the wallets. Small transfers back into cold wallets are being used to bait longs, but we’re not falling for that anymore.
Bitget wallets still inactive btw. I think we are not going to zero for now.
Our alert bot worked well again. Getting these notifications while offline can be very valuable.
Join tg: https://t.co/5UYIAKdjux
There’s another token showing a similar structure right now: $HEI
• $6M market cap
• Top 10 wallets hold 95% of the supply
It could also drop 50% instantly at any moment.
The very low market cap and holder structure caught my attention. I wanted to mention it after volume suddenly jumped 200%.
NFA. DYOR.
The way to make money in crypto these days:
>Find a coin with low mcap.
>Make sure it’s listed on futures.
>Have +90% supply held by top 10 wallets.
>Then just wait for manipulation.
$ALLO $ESPORTS $LAB