LATEST:
In the past 24 hours, $1.14B in long positions were liquidated
A sharp market pullback wiped out overleveraged bulls across the board
Top long liquidations
$BTC – $552.12M
$ETH – $402.20M
$SOL – $61.94M
CRYPTO MARKET UPDATE:
Bears are back in control today.
Major coins under pressure:
• BTC -6.0%
• TON -10.9%
• XRP -6.0%
• SOL -6.0%
• ADA -6.4%
A few coins are fighting back:
• LAB +54.4%
• ZEC +8.3%
• ENA +6.0%
• ONDO +5.9%
@CoinMarketCap kiyosaki saying gold silver and bitcoin will destroy you on hype that's the contrarian take nobody wants to hear but he's usually right about the traps
@cryptogoos spacex paying wall street 0.75% to run the biggest ipo ever and banks only get 2% of money raised on a $75 billion deal that's $1.5 billion for doing paperwork
@cryptogoos tom lee's bitmine buying another $52 million in eth and now holding 4.49% of total supply when the smart money piles in like that retail should be watching
@BullTheoryio jensen huang calling marvell the next trillion dollar company and svrl is up 23% already priced most of it in but ai chip plays still have room
@cryptorover marco saying war is over and if that actually happens the whole geopolitical premium gets nuked that's a massive shift for risk assets
@Kalshi 25% chance bitcoin hits $100k this year. Sounds low but that's actually higher odds than most people think. Market's already pricing in some of it.
@CoinMarketCap Ki Young Ju says bear market lasts until 2027. That's a long wait but history says he's usually right on cycle timing. Unrealized losses are brutal though.
@BullTheoryio google's venture bets are printing now. $900 million in spacex turned into $126 billion. at some point their vc arm becomes bigger than the actual business.