Just sharing a comment from my viewer who is working in the railway industry in Malaysia.
Disclaimer: Comment below shall not represent my viewpoint on this matter.
BlockFi will undergo a liquidity crisis by the end of 2022 (90% certain)
BlockFi has already lost substantial amount of money in 2022 (101% certain)
Here's a thread to investigate & explain wtf is going on with @BlockFi
👇🏼 🧵 🦦
15850 is my mid range. it usually gives a bounce. i will wait for that and see where ethusd is at same time ideally around 750s ....not saying its low but first main area im watching. ES also closed back above 2021 low...if they line up together then i'll look for longs
We're witnessing the biggest leverage reset in crypto history.
One of crypto's largest VCs 3AC is facing insolvency, which could spell disaster for the entire space.
🧵: The ULTIMATE thread on what led to the downfall of 3AC, and what it means for the future of crypto. 👇