π¨ The 40x #Bitcoin whale just closed his massive short! He was holding 6,211 $BTC ($511M), the biggest short positionin the market so far!
#Whale#CompassDefi $ETH $SOL #cryptocurrency
Summary of the $LIBRA case:
- KIP protocol: we stand behind $LIBRA, but the issuance and market making were not done by us but by Kelsier.
- Kelsier: Although we have made a $100 million profit as project advisors and MM, I assure that Jupiter, Meteora, Moonshot, Photon, and Bullex have also participated and profited.
- Jupiter: The team was aware of the $LIBRA release from Kelsier beforehand, but not the CA, though neighbor Meteora knew.
- Meteora: We have worked closely with Jupiter and successfully launched many tokens, but we did not participate in $LIBRA.
- Bubblemaps: $LIBRA and $MELANIA were issued and operated by the same team, but we do not know which team it was. -
@fried_rice (who lost $2 million on the meme above, traced and revealed much information about parties involved in $LIBRA): LIBRA market makers also traded many tokens like $MELANIA , $ENRON, $AIAI, and $BOB.
- DC: The person alleged to be a key figure in this entire scheme is a close associate of President #Milei, who took a $5 million bribe and persuaded Milei to post about it.
π BTC to $140K? π³ Riding the 100 SMA Wave! π Let's Dive In! π°
π #Bitcoin (BTC) is flashing some interesting signals, and we're here to explore a potential bullish scenario! Could we be looking at a surge towards $135,000 or even $140,000? π€ Let's break it down!
What's the buzz? As you can see from the chart, BTC is currently interacting with the 100-day Simple Moving Average (SMA). This often acts as a significant support level, and we're seeing a potential rebound! π
Why is this exciting? Well, this 100 SMA support coincides beautifully with the retest of a broken resistance line from an ascending triangle pattern. Think of it like a double confirmation! π€― This suggests that the previous resistance has now turned into support, paving the way for a potential upward move
But wait, there's more! Notice those long rejection wicks at the bottom? π§ These could indicate some serious manipulation going on! Whales might be trying to shake out smaller players and accumulate more BTC. π Sneaky, right? But if they're unsuccessful, it could actually signal strong underlying buying pressure! πͺ
#Bitcoin #BTC #Crypto #100SMA #PotentialGains #Bullish #DYOR #LetsGo #ToTheMoon #CompassDefi
According to #Odaily, a newly created wallet has withdrawn 315,285 $LINK tokens, valued at approximately $6.81 million, from #FalconX. This transaction was monitored by Onchain Lens, highlighting significant movement within the cryptocurrency market. The withdrawal of such a substantial amount of $LINK tokens could potentially influence market dynamics, as large transactions often do.
The transfer of these tokens to a new wallet raises questions about the intentions behind the move, whether it is for long-term holding, trading, or other purposes. Such transactions are closely watched by market analysts and participants, as they can indicate shifts in market sentiment or strategy. The $LINK token, associated with the #Chainlink network, plays a crucial role in decentralized finance (#DeFi) and smart contract applications, making its movement noteworthy in the broader context of blockchain technology and digital assets.
This development comes amid a period of heightened activity in the cryptocurrency sector, where large-scale transactions are not uncommon but still draw attention due to their potential impact on liquidity and price stability. Observers will be keen to see if this withdrawal leads to further market activity or if it remains an isolated event. The transparency of blockchain technology allows for such transactions to be tracked, providing insights into the behavior of market participants and the flow of digital assets.
A Big DUMP and A Big loser , Many Got liquidations
π¨ $DOGS /USDT CRASH ALERT: DOWN 29.63%....
#DOGS has nosedived to 0.0006197, shedding nearly 30% of its value after failing to maintain support levels.
The price hit a 24-hour low of 0.0006100, with the sharp drop signaling strong bearish momentum. Immediate resistance lies around 0.0007169, and any recovery would need to surpass this to regain bullish sentiment.
Traders should watch closely for further downside pressure, as a break below 0.0006100 could lead to another steep decline. With massive trading volumes of 194.83B $DOGS, this high-volatility environment presents both risk and potential opportunityβmanage trades wisely and keep stop-losses tight!
#DOGS #CryptoAnalysis #tradinginsights
#AltcoinSeason2025 π
Donβt fear the dump! This correction is necessary for the next big rotation:
π‘ $BTC β‘οΈ Altcoins
What happens next?
π― Your bags could pump to levels last seen 4 or 8 years ago, in my opinion.
π§ Patience is the ultimate strategy for massive gains.
π The Cycle is Clear:
1οΈβ£ $BTC dominance rises.
2οΈβ£ Altcoins take center stage with explosive growth.
π Are you ready for the next leg of the bull market? Stay calm, hold strong, and let the rotation magic work.
#CryptoCycle #AltSeasonComing #HODLHODL $BTC
π₯MicroStrategy has purchased an additional 21,550 BTC ($2.1 billion) at an average price of $98,783 per Bitcoin.
As of December 8, 2024, they hold 423,650 BTC ($25.6 billion) at an average price of approximately $60,324 per #Bitcoin.
π¨ Polymarket Under Investigation by the U.S. Department of Justice
#Polymarket, a crypto-based event prediction platform, is facing an investigation by the U.S. Department of Justice (DOJ) over allegations of allowing U.S. users to trade on the platform, violating previous commitments β according to Bloomberg.
The FBI has searched the home of Polymarket CEO Shayne Coplan and seized his electronic devices. This move marks an escalation in the investigation, especially as Polymarket had previously paid a $1.4 million fine and agreed with the CFTC in 2022 to block U.S. users.
The investigation began after a number of whales made large trades betting on Trumpβs victory, raising concerns that this activity could manipulate the market by influencing public perception.
In response, #Polymarket declared that it would fully defend its community, stating that the FBI's investigation has political motives. They assert that the platform is a transparent prediction market, helping users gain a better understanding of significant events like elections.
#CompassDefi
More than 60% of #crypto investors in Indonesia are aged between 18 and 30, with a total trading volume in September reaching 33.7 trillion rupiah (approximately 2.1 billion USD) and the number of crypto users in Indonesia amounting to 21.3 million.
Indonesia recognizes crypto as a commodity, but users are subject to double taxation, including a 0.11% VAT and a 0.1% capital gains tax. The government is considering adjustments to align with the growing trend of crypto in the economy.
#CompassDefi #Bitcoin #cryptocurrency
π¨ Important Economic Events This Week (U.S. dates)
This week will be quite busy with PCE inflation data, U.S. unemployment data, and the interest rate decision from the Bank of Japan.
π TUESDAY, OCTOBER 29
S&P Case-Shiller Home Price Index (20 cities)
Consumer Confidence Index
Job Openings
π WEDNESDAY, OCTOBER 30
ADP Employment Data
π₯ GDP (estimated 3.2% | previous 3.0%)
π₯ Bank of Japan Interest Rate Decision π―π΅ (expected to remain unchanged)
π THURSDAY, OCTOBER 31
π₯ PCE Inflation Index (estimated 2.1% | previous 2.2%)
π₯ Core PCE (estimated 2.6% | previous 2.7%)
Initial Unemployment Claims
π FRIDAY, NOVEMBER 1
π₯ U.S. Unemployment Rate (estimated 4.1% | previous 4.1%)
#Ripple CO-FOUNDER CHRIS LARSEN JUST DONATED $10M WORTH OF $XRP TO KAMALA HARRISβ¦
That means if she loses, $XRP will just be dust, right, everyone?
#CompassDefi#KamalaHarris
Digital asset investment products saw an inflow of $2.2 billion, marking the largest weekly inflow since July. This optimism stems from increasing expectations of a Republican victory in the upcoming U.S. elections, as they are often perceived to be more supportive of digital assets.
Regionally, the U.S. had an inflow of $2.3 billion, while most other countries experienced outflows, with Canada, Sweden, and Switzerland seeing outflows of $20 million, $18 million, and $15 million, respectively. This may be due to some profit-taking activity from countries outside the U.S.
#Bitcoin was the primary beneficiary, with an inflow of $2.13 billion. #Ethereum saw an inflow of $58 million, Solana had an inflow of $2.4 million, and #Litecoin experienced an inflow of $1.7 million.
#CompassDefi
@StephanieStarrC@bgarlinghouse Before launching, SEC will them a penalty note, then price will down again because they need money to pay penalty. Have you ever wondered where all the fines they paid to the SEC over the years came from? Find their financial statements and read them.