Jack Duval bundled a token about a girl with cancer who died and hard shilled it on his X.
This is actually repulsive he is fully doxxed trying to profit off a dead kid. This is why nobody takes crypto serious anymore.
Do the new guys in crypto have no other life skills or trading skills to rely on so they must profit off dead children so often?
@youretooboring@_ChaoticGood42@Kick_Champ It was BDO which makes it funny cause even at his stature he couldn't acquire NaGHB in the solid form like a real one😂😂
BDO is also easier to G-out on cause its all up to the conversion rate limit of your liver
All the bulltards are mad at this post. Anyone with a brain would agree with this. Especially when you look at the big 3 funds and realize they all got caught with their pants down from this war. They needed this move to exit. Funny part is their wasnt enough volume for them to exit
@_ChaoticGood42@Kick_Champ Thats cause he didnt OD like you see people OD on opiates. He G'd out on ghb. He could have been left where he was and he woulda woke up 3-4 hours perfectly fine. He was going into drug induced sleep not dying.
@marcosagusstinn@DeItaone It will likely cascade sub $80 temporarily if these 8 funds are still stuck long while a peace agreement gets signed
https://t.co/LL10sOQD6P
The top 8 long traders on NYMEX for OIL control 55% of gross long open interest (WTI). NYMEX WTI has about 2 million contracts of open interest. So those 8 players are sitting on roughly 1.1 million contracts,over $100 billion notional at current prices.
So whats the catch? Well they cant all exit at once lol. This would cause a massive liquidity cascade for OIL. These funds know they’re trapped, so they’ll try to work out of positions gradually.
A US-Iran deal or Hormuz reopening would crash oil $10–15 fast. Those trapped longs would be forced to sell into a falling market alongside everyone else. If oil drops sharply for any reason and breaches key levels like $85. Margin calls will likely hit, and force liquidation.
The 55% concentration on NYMEX means forced selling would overwhelm the book. Think the 2020 negative oil price event but in reverse. I give this less than a 30% chance of happening but its still fun to imagine. Bullish news for oil continues to flood news outlets today yet price has remained suppressed.
I will personally be scaling into shorts as they attempt to reverse price via Hormuz propaganda
@Skintup2@Joelspam123@TMZ It was briefly a date rape drug back in the 80s but rose to prominence in the club scene as well the body building scene. Its still massively popular in Europe
Its one of the hardest drugs to fatally OD on if you're only consuming it and nothing else.
A dose is usually 2g and fatal is about 10x that. Whats super common is "g-ing out" which happens at 2-3x the recommend dose and your stuck asleep for 4 hours due ghbs sleep inducing effects. He G-out, he didnt even overdose.
Body builders used to take 3-4g of this stuff just to g out and get good sleep. Its still prescribed for narcolepsy for the sleep use.
The top 8 long traders on NYMEX for OIL control 55% of gross long open interest (WTI). NYMEX WTI has about 2 million contracts of open interest. So those 8 players are sitting on roughly 1.1 million contracts,over $100 billion notional at current prices.
So whats the catch? Well they cant all exit at once lol. This would cause a massive liquidity cascade for OIL. These funds know they’re trapped, so they’ll try to work out of positions gradually.
A US-Iran deal or Hormuz reopening would crash oil $10–15 fast. Those trapped longs would be forced to sell into a falling market alongside everyone else. If oil drops sharply for any reason and breaches key levels like $85. Margin calls will likely hit, and force liquidation.
The 55% concentration on NYMEX means forced selling would overwhelm the book. Think the 2020 negative oil price event but in reverse. I give this less than a 30% chance of happening but its still fun to imagine. Bullish news for oil continues to flood news outlets today yet price has remained suppressed.
I will personally be scaling into shorts as they attempt to reverse price via Hormuz propaganda
@C4219866@weretuna Hey i know you're retarded but its okay. Its because they cleared 900 million with only 11 people on their team. Even if they only took home 3% for each person thats 2.7 million per person lol. Not many startups can generate 900 million from a team of 11
Which one will it be?
Scenario 1: The deal
The round of talks succeeds. Hormuz partially reopens.
Oil: Crashes from $93 to $70-80. The 8 Trapped NYMEX longs get liquidated hard.
S&P: Rips to 7,000-7,200. Banks get their clean exit. Retail pours in on fomo. Liquidity crisis is defused.This is what the market is pricing in already.
Scenario 2: stalemate
Ceasefire keeps getting extended. Talks continue. No deal. Hormuz partially restricted becomes the new normal.
Oil sticks in range $85-110. Meanwhile everyone gets chopped up to death in crypto and equities. S&p ranges from 6,400-6,850. No clean exit for institutional longs. Every rally gets sold, every dip gets bought.
Scenario 3: full blown war
Ceasefire collapses around April 21. Iran retaliates against the blockade. Direct confrontation in the Strait. Tanker or US vessel hit.
Oil: Spikes to $120-150+
S&P: Crashes below 6,000.