BIT755

[BIT755 @BIT755]

@satoshiheist With BTC, ETH and SOL, people who bought higher always have the option to trade it in the Coin-M section of a CEX, to multiply their coins and reduce the handicap brought about by price drop. That's the only logical approach in this situation

[BIT755 @BIT755]

@signulll I'm probably stupid, but I'm also chill about it.

[BIT755 @BIT755]

@rootslashbin If they want a whole coin, they can always buy $1000 worth and trade it up on the Coin-M side of a CEX. It doesn't have to be high leverage either.

[BIT755 @BIT755]

@el_pleb @dahkelor @MartinSellner_ Sure thing. It initially started as an XMR-only wallet, but later upgrades brought support for more coins (it's a wallet with solid reputation in the XMR community).

[BIT755 @BIT755]

@Ramen_HL Suggestion: look at WTI rather than BRENT. BRENT price is often more manipulated (especially by EU mood swings).
About 24h ago (much earlier than the Hormuz Letter) I posted this:
https://t.co/gWwStRG8i4

[BIT755 @BIT755]

@spenders_club @StarPlatinum_ @grok Cabal is self explanatory. Lucy is Lucy in the Sky With Diamonds.

[BIT755 @BIT755]

@el_pleb @dahkelor @MartinSellner_ If you already have crypto, get CakeWallet. Swap inside it. Here are the coins you can swap between

[BIT755 @BIT755]

@0xcinzano @vnovakovski @tervelix Since there won't be any more airdrops anyway, there is no incentive for wash trading. People will use it mostly to balance funding fees (hold a bigger trade that pays fees, balance it out with a smaller one receiving fees).

[BIT755 @BIT755]

@0xcinzano @vnovakovski @tervelix Hi, and yes. Being able to hold both simultaneously. Right now, it's a Reduce Only mode (if you have a Long and try to open a Short, it just reduces the Long).

[BIT755 @BIT755]

@Henrik_on_HL Likely 42-48

[BIT755 @BIT755]

Probably the most accurate statement on all CT

[Shtihmas (❖,❖) @Shtihmas11]

@JBSDC Crypto twitter runs on vibes, not resumes.

[BIT755 @BIT755]

@whatmonero Why? As an XMR holder, I simply don't care what their shitcoin is priced at. I don't intend to buy even if it's $5.

[BIT755 @BIT755]

@el_pleb @dahkelor @MartinSellner_ I'm throwing this out here: maybe his supporters don't want to KYC either? And if they want to make a one-time payment of $50, BTC fees are quite hefty.

[BIT755 @BIT755]

@vnovakovski @tervelix Maybe hedge mode?

[BIT755 @BIT755]

@tervelix @vnovakovski Fractional leverage. You can literally type in 1.5 in the leverage box and you'll trade with fractional leverage.

[BIT755 @BIT755]

@Henrik_on_HL Retail giving him reach is the problem

[BIT755 @BIT755]

@_incept1on @piggybank_fi Leverage and funding fees compounded

[BIT755 @BIT755]

@qrimeCapital $ZEC was never "the next Bitcoin". It was only advertised as such.

[BIT755 @BIT755]

So you bought a scamcrap with users' funds, although @zachxbt had previously posted an investigation about the said scamcrap.
How are you still in business?

[PiggyBank @piggybank_fi]

Dear Community,

- One month ago, PiggyBank got into a new position for $100k (~2% of the portfolio at the time), as part of the strategy’s scope of deploying into mid-cap basis trades.

- The strategy involved purchasing locked $LAB tokens at a significant discount through a Tier-1 OTC desk and hedging that exposure through perpetual shorts. During the holding period, $LAB experienced violent manipulation, including chaotic price movements on thin liquidity, and deeply negative funding rates.

- Maintaining the hedge became economically irrational and would have caused us to cross our risk thresholds. We therefore decided to close our short to cap the downside.

- In accounting terms, the total value of our $LAB locked position is $1.35m at current prices. However, due to the illiquid nature of this position, Piggybank is excluding it from the NAV until the first unlock on August 14. Even though this is an evolving situation that could still generate substantial returns, this is the fairest and most transparent way to let users manage their liquidity.

- Accordingly, today’s NAV will show a ~15% drawdown on the USDC vault, ~12% on SPYx and ~9% on JitoSOL.

- A detailed report will be published next week with next steps.

[BIT755 @BIT755]

$XMR folks came up with a pretty good tool: https://t.co/mMxcO5bZtT