BREAKING: The German Government is now out of Bitcoin.
The German Government just sent 3846.05 BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service).
The German Government has 0 BTC ($0.00M) remaining.
$BTC Binance Perps Data
Actually very considerable long exposure / positioning wipeout below $58K
with spot demand & bid this can be a good reversion catalyst, we shall see
$BTC Bybit Perps Data
Very little market positioning or interest here, people likely sitting on hands or giving up here
$BTC BTC Funding Rate APRs
Not quite near negative funding yet but less attractive for the carry trade apes here - more attractive to be a buyer (depending on spot)
$BTC Quarterly Futures Annualized Basis
Yield vanishing for shorts on Quarterly Futures
Basis back to Aug 2023 levels (pre- ETF run)
Instant Trading on @pumpdotfun tokens is now LIVE with Trojan.
On top of trading directly on Pumpfun pools, you get access to the live price feed of pumpfun tokens with 0s delay limit orders, only on Trojan.
"please god just one more pump
i swear bro this time is different, this time I really learned my lesson, just one last pump so I can close break even bro
i'll never go all in alts again bro, I swear to use risk management next time, just give me a chance and i promise to never get caught underwater again
fr bro i'll always take profit, i just need another 40% bro. never getting psyopd into buying the top again bro i swear
just pump pls bro i swear"
Interesting data from @galaxyhq showing crypto fundraising data.
Turns out most VCs buy the tops and don't have capital to deploy at the bottom just like most people lol
TROJAN SPEED UPGRADE
Our biggest focus will always be Trojan traders of any size. With yesterday's @TrojanOnSolana upgrades for non-MEV protected swaps we're proud to announce the following:
- Our median confirmation time has fallen to 5.25s even with the ongoing network congestion. That means 50% of swaps through Trojan 5.25 seconds or less to confirm.
- Our 90th percentile confirmation times have drastically fallen by 75%, down to 20.16s. That means the 10% WORST-CASE scenario trades are still significantly faster than what you'd find on other bots or trading/dex platforms.
- While Solana continues to experience severe congestion, our users are experiencing nearly zero timeouts.
Use the best. Use Trojan.🐴
coinbase has 100M registered users, they are building a native smart wallet that allows normies to trade on chain seamlessly without storing any seed phrase or PW or any of that
they have their own L2
what about this trade setup is hard to understand?
No matter how good or profitable you are, it's always a good idea to re-watch "Stop Moaning And Start Improving" every once in a while
https://t.co/qNr0HQm1c8
“History doesn't repeat itself, but it often rhymes.”
In an attempt to not be pure exit liquidity this cycle let's attempt to decipher the following:
The Boom-Bust Sequence & The Comparison of Narrative Momentum & Price (in particular, Narrative Cycle Tops).
a thread 🧵
Breaking: ETF addresses for Blackrock, Fidelity, Bitwise, and Franklin Templeton are now on Arkham.
Arkham has identified the on-chain location of four of the Bitcoin ETFs. We are the first to publicly identify these addresses.
Links and holdings breakdown below: