This trader made over $1.2M in less than 7 hours — a 77x return!
Trader 0x4c8f spent 8.39 $ETH ($16K) to buy 293.75M $PIPEDOG 6 hours ago, then sold 34.55M $PIPEDOG for 32.67 $ETH ($62K) and still holds 259.2M $PIPEDOG ($1.18M).
Total profit is now over $1.2M, a 77x return.
https://t.co/wXl97Lg9Iu
BITCOIN SLIDE: BEARS IN CONTROL
Over $438M in long Bitcoin positions were liquidated in 24 hours as BTC fell 2.3%, signaling rising pressure across crypto markets.
Sentiment is weakening: CoinMarketCap’s Fear & Greed Index is at 24 (“Fear”), while traders on Kalshi now price BTC down to ~$49K this year.
Meanwhile, equities continue to hit new highs, suggesting capital rotation out of crypto.
https://t.co/BFZiN4Z8r2