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Crynx
12 days ago
Understand this:

- binance and all centralized exchanges want a bear market. They make a lot of money in bear markets as people buy dips to death, and they get to liquidate every long in their order book. This is also where they accumulate their holdings and create dominance.

- MicroStrategy, BlackRock, and the Strategic Reserve and Treasury companies and sovereign nations don't want a bear market. Their value proposition is Store of Value.

This is what is going on right now.

The cycle has changed. The participants have changed. The US
CMEGroup, NasdaqExchange, regulated by the CFTC, will push back on binance, Bybit_Official, okx, and all unregulated leverage platforms from creating the bear markets we have seen in the past. The creation of artificial volatility by unlicensed offshore market makers will be regulated out of mainstream crypto.

This means the bear markets will shrink in spread. The super cycle begins because the participants have changed.

Over the next year we will share this experience together. I will report on all pertinent regulation, events, alpha, and significant geo political news as we navigate this new dynamic.
Ethereum News
2 months ago
💥BREAKING:

Whale just got liquidated for a whopping $106M after supplying $67,569 $ETH at $1,650 to repay a $74.49M $DAI loan.
https://pro.summer.fi/ethe...

And it's not just them! Whale 2 is also on the verge of liquidation, having supplied 56,995 $WETH ($90M) to borrow $DAI at a liquidation price of $1,564.58.
https://pro.summer.fi/ethe...

The crypto market is getting intense! Stay vigilant and protect your assets! #cryptocurrency #whale #Liquidation
Ethereum News
3 months ago
The Ethereum Foundation deposited 30,098 ETH (worth approximately $56.08 million) into Maker five hours ago to reduce liquidation risk.

The total holdings of this wallet on Maker have now reached 100,394 ETH (approximately $182 million). The latest liquidation price has dropped to $1,127.06.

Source: https://intel.arkm.com/exp...

https://pro.summer.fi/ethe...

#ethereum #ether #ETH #Maker
Ethereum News
3 months ago
Ethereum Faces $1.28 Billion in Potential On-Chain Liquidation at $1,919

Data from #DeFiLlama shows that Ethereum is at risk of an on-chain liquidation totaling $128 million if its price hits $1,919.266. The bulk of this liquidation, approximately $127.8 million, is linked to the MakerDAO protocol.

#ethereum

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