π΅οΈββοΈπ³ Whale and institutional activity:
- Arthur Hayes sold 780 #ETH (~$2.4m), 5m #ENA (~$1.38m), 132,730 #ETHFI (~$124k), 640k #LDO ($480k), 1,630 #AAVE ($289k) and 28,670 #UNI (~$209k);
- Whale, which recently bought 444,895 ETH ($1.39 billion), today withdrew 177k ETH ($561.3 million) from Aave and transferred 44k ETH ($140.2 million) to Binance (it currently has an unrealized loss of ~$125 million);
- Bitmine acquired 67,000 ETH worth >$234M in the last week
- Arthur Hayes sold 780 #ETH (~$2.4m), 5m #ENA (~$1.38m), 132,730 #ETHFI (~$124k), 640k #LDO ($480k), 1,630 #AAVE ($289k) and 28,670 #UNI (~$209k);
- Whale, which recently bought 444,895 ETH ($1.39 billion), today withdrew 177k ETH ($561.3 million) from Aave and transferred 44k ETH ($140.2 million) to Binance (it currently has an unrealized loss of ~$125 million);
- Bitmine acquired 67,000 ETH worth >$234M in the last week
πΌ #NFT trading volume fell another 5.06% this week to $79.4 million, while the number of buyers and sellers rose ~700%.
πΌ #NFT trading volume fell another 5.06% this week to $79.4 million, while the number of buyers and sellers rose ~700%.
π£ BitMine Chairman Tom Lee suggested that the cryptocurrency market weakness could be due to one or more market makers having a "hole" in their balance sheets and the "sharks" circling to cause liquidation and push #BTC down. He emphasized that this is a short-term situation that does not change Wall Street's view of #ETH.
ππ #BTC CQ: At peak capitulation, Short-Term Holders sent -64.6K BTC to exchanges at a loss. That selling pressure is now cooled off.
ππ #BTC Itβs been the worst performing Q4 so far for Bitcoin since 2019.
ππ€ #BTC supply spikes on exchanges. 11,750 BTC worth $1.1 billion hit exchanges over the last 3 days.
π° #ETH Bit Digital reported that their ETH inventory has grown to 153,547 coins.
πΊπΈπ¨π³ #tradewars US Treasury Secretary Scott Bessent said the Trump administration intends to finalize a trade agreement with China by Thanksgiving (Nov. 27).
ππ€ #BTC FrankAFetter calls out prime buying ops on Bitcoin downside movesβSTH MVRV indicator dipping low.
They donβt come often, but they tend to be excellent opportunities.
π #BTC The 1-day RSI on Bitcoin is the most oversold itβs been in the last year.
π° #BTC Billionaire Grant Cardone just bought 888 BTC worth $80 million.
π³ #BTC Whale distribution has started to slow for the first time since August. Distribution was at the most aggressive at the start of October, the ATH.
πΏ Peter Schiff calls the Strategy model a "fraud" and challenges Saylor to a debate. cointelegraph
π Machi Big Brother is liquidated again. Immediately after liquidation, he reopened a long at 3075 #ETH ($9.6 million) with a liquidation price of $3043.72.
His total losses exceeded $18.9 million.
Meanwhile, machismallbrother.eth closed its position earlier, suffering a loss of $1.55 million, but still has a total profit of $7.3 million.
His total losses exceeded $18.9 million.
Meanwhile, machismallbrother.eth closed its position earlier, suffering a loss of $1.55 million, but still has a total profit of $7.3 million.