First, here's the story:
Data: A revolving-loan whale recently panic-sold 288.1 cbBTC, then bought back 203.6 cbBTC at a higher price
Take a look at this story first, then compare it with the market to see whether prices have factored it in.
As for the broader market:
$BTC 76,218.64 (-5.41%) | $ETH 2243.76 (-7.63%) | BNB 696.09 (-2.83%) | SOL 90.45 (-6.08%)
The broader market has pulled back significantly. Keep your position sizes in check.
Top gainers and losers:
Top gainers: CYBER +31.08%, BIRB +22.59%, UAI +12.14%
Top losers: AIN -55.76%, JCT -48.76%, SOXLB -26.43%
A few updates from today:
1. MOVE will unlock 165 million tokens on November 9, representing 3.54% of the circulating supply
As for funding:
Fear and Greed Index: 28 (Fear), down 22 from yesterday
My take:
Liquidation data tells you who's swimming naked.
What do you think of today's market? Share your thoughts in the comments.
Don't take what I say as advice.