So finally $AKE did what it is best at doing... a massive pump, attract late buyers and thenโ
A massive massive DUMP in minutes to punish everyone chasing the top ๐
I mean last time it did almost the same thing from around $0.01 to $0.044+... and now again AKE went completely stupid, touched $0.164+ and dumped below $0.05.
That's almost a 72% dump from the top in HOURS ๐
And imagine the liquidations this madness caused...
In the last 24H, roughly $4.4M of AKE positions got liquidated across tracked exchanges.
๐ป SHORTS: around $3.3M
๐ LONGS: around $1.1M
So first the pump destroyed SHORTS... then that vertical dump started punishing late LONGS too. Perfect low-cap casino ๐
And look at the volume... Binance alone showing around $1.4 BILLION 24H futures volume on AKE.
That's why i always say... chose safer options if you are not someone sitting with millions in capital.
$AVAX , $XRP or $SOL for longer TERM good returns potential with less stupid volatility... you don't always need to chase the coin pumping 200% today.
Protect your capital bros... making +20% slowly is still better than making +100% and giving everything back in ONE candle ๐
#XRPExchangeReservesHitSevenYearLow
#BuffettStepsDownAsBerkshireChairman
#SOLJumpsAbout10%
A massive massive DUMP in minutes to punish everyone chasing the top ๐
I mean last time it did almost the same thing from around $0.01 to $0.044+... and now again AKE went completely stupid, touched $0.164+ and dumped below $0.05.
That's almost a 72% dump from the top in HOURS ๐
And imagine the liquidations this madness caused...
In the last 24H, roughly $4.4M of AKE positions got liquidated across tracked exchanges.
๐ป SHORTS: around $3.3M
๐ LONGS: around $1.1M
So first the pump destroyed SHORTS... then that vertical dump started punishing late LONGS too. Perfect low-cap casino ๐
And look at the volume... Binance alone showing around $1.4 BILLION 24H futures volume on AKE.
That's why i always say... chose safer options if you are not someone sitting with millions in capital.
$AVAX , $XRP or $SOL for longer TERM good returns potential with less stupid volatility... you don't always need to chase the coin pumping 200% today.
Protect your capital bros... making +20% slowly is still better than making +100% and giving everything back in ONE candle ๐
#XRPExchangeReservesHitSevenYearLow
#BuffettStepsDownAsBerkshireChairman
#SOLJumpsAbout10%
