Broken Clock
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Should have anticipated that more sigh; now the short gold trade is already gone
Every big IPO worldwide looking like a crypto TGE scam
Extractionmaxxing
People try their best to push the highest valuation at IPO and whatever they achieve they consider it good enough to exit scam
I don't want to hear about lock up; you can easily if you have 10m+ to sell find someone willing to find a price agreement on selling your shares on IPO for a fee
You give me X shares worth 100 I give you 90cts on the $ on day one or whatever the rate is
The more IPO trade like they do the more this service becomes valuable and the lower the fees because of competition so the more attractive it becomes
Who lose? The people with 100k$ worth of share who can't access it + the passive buyers
The world is an infinite Matryoshka doll
Nice trap 🪤 in crypto
Perfect set up to REKT the bulls with a flashing red candle
Probably can get 400m+ liquidation on a flash move to only 75
Whatever you do
Don't buy memory
If you don't do it for you do it for your children
Send it to ZERO
Erase all YTD pnl of all crypto bros TONIGHT
this is such a move for ants wtf is this
Forwarded from The Kobeissi Letter
BREAKING: Bitcoin falls -$3,000 in 60 minutes as $200 million worth of levered longs are liquidated. https://t.co/6FuQCUnzeu
(@TheKobeissiLetter)