There will be over $12b+ worth of #Bitcoin short liquidations once we hit $74k.
#BTC_Update
Current Bitcoin support levels:
STH 1W-1M Realized Price: 67.6K
STH 1M-3M Realized Price: 66.6K
SMA 111D: 65.5K
STH Realized Price: 62.3K
Current Bitcoin support levels:
STH 1W-1M Realized Price: 67.6K
STH 1M-3M Realized Price: 66.6K
SMA 111D: 65.5K
STH Realized Price: 62.3K
π¨ Big AI Coin Event Starting Today π¨
Today is the start of a huge event in the crypto world. Three major tokens, $FET, $AGIX, and $OCEAN, are merging into a new token called $ASI
Hereβs what you need to know:
ποΈ The merger begins today, June 11. $FET will be renamed $ASI and the process will finish on June 13.
π If you own $FET, $AGIX, or $OCEAN tokens, you will need to convert them into ASI tokens. Each token has its specific conversion rate.
π The new $ASI token will have a market cap of $7.5 billion, making it one of the top 20 crypto.
πΉ $FET will become $ASI with a total supply of 2.63 billion tokens and a starting price of $2.82
πΉ $AGIX and $OCEAN will be converted at a rate of 0.433 to 1
How will the Token Exchange work?
π $FET will be the base token and renamed ASI. An extra 1.48 billion tokens will be created. 867 million $ASI tokens will go to $AGIX holders and 611 million $ASI tokens to $OCEAN holders.
π On June 11, you can start swapping $FET for $ASI tokens using a their official token migration contract. $AGIX and $OCEAN swaps will be available on June 13.
Today is the start of a huge event in the crypto world. Three major tokens, $FET, $AGIX, and $OCEAN, are merging into a new token called $ASI
Hereβs what you need to know:
ποΈ The merger begins today, June 11. $FET will be renamed $ASI and the process will finish on June 13.
π If you own $FET, $AGIX, or $OCEAN tokens, you will need to convert them into ASI tokens. Each token has its specific conversion rate.
π The new $ASI token will have a market cap of $7.5 billion, making it one of the top 20 crypto.
πΉ $FET will become $ASI with a total supply of 2.63 billion tokens and a starting price of $2.82
πΉ $AGIX and $OCEAN will be converted at a rate of 0.433 to 1
How will the Token Exchange work?
π $FET will be the base token and renamed ASI. An extra 1.48 billion tokens will be created. 867 million $ASI tokens will go to $AGIX holders and 611 million $ASI tokens to $OCEAN holders.
π On June 11, you can start swapping $FET for $ASI tokens using a their official token migration contract. $AGIX and $OCEAN swaps will be available on June 13.
#LUNA $4.5B Fine Scenario
1/ LFG tested the market by selling only 10K of their 80K BTC.
2/ Do Kwon stopped selling cause he feared triggering an entire crypto market crash.
3/ LFG falsely claimed assets were sold to restore the peg.
4/ SEC recognized this and imposed a fine.
1/ LFG tested the market by selling only 10K of their 80K BTC.
2/ Do Kwon stopped selling cause he feared triggering an entire crypto market crash.
3/ LFG falsely claimed assets were sold to restore the peg.
4/ SEC recognized this and imposed a fine.
#BTC_Update
Current support levels π§:
Realized Price (Cost Basis) STH: 62.4K
Realized Price 3m-6m: 55.5K
Long-Term Holders (Cost Basis): 24.3K
How long the correction might last will be determined by the market, but in previous cycles, similar situations lasted from 65 to 371 days.
Current support levels π§:
Realized Price (Cost Basis) STH: 62.4K
Realized Price 3m-6m: 55.5K
Long-Term Holders (Cost Basis): 24.3K
How long the correction might last will be determined by the market, but in previous cycles, similar situations lasted from 65 to 371 days.
#BTC_Update
That was a big liquidity grab down at this $65K-$66K region.
Still some at the $64K level but when zooming in there's also some bigger clusters created around $67.7-$69.2K now.
That was a big liquidity grab down at this $65K-$66K region.
Still some at the $64K level but when zooming in there's also some bigger clusters created around $67.7-$69.2K now.