Waking up from a nap, a Bitget hot wallet incident struck—about $352 million in assets were affected. The platform then dumped 5,500 BTC—about $460 million—into a protection fund to backstop losses, promising full compensation.
But tonight, the real harvest took place in the contract small-cap coins: $SAGA surged by 115% on a volume spike within one hour to hit 0.0917. In three hours it fell back to 0.0274, pulling back 70%. The peak hour candle saw nearly $90 million in trading volume. The pump funds timed the exit and retreated on cue—those who chased higher didn’t get out in time.
This kind of movement isn’t a market trend; it’s distribution. The smaller the market cap, the more you need to be careful. Team it with “good news” to pump a bit, then smash it—that’s handing the sword to people holding the coins.
On the macro front, Iran has loosened its stance and is willing to sign a peace agreement with the United States before mid-November’s election. But Trump’s wording is that it will be discussed after the election—timelines don’t match. Oil is grinding around 98, near the $100 psychological level. $XAU has retreated to 4263; holding 4250 would count as strength.
Coins that were pumped always leave traces. The next small coin to get into trouble—the order book had already sold it out long ago.
But tonight, the real harvest took place in the contract small-cap coins: $SAGA surged by 115% on a volume spike within one hour to hit 0.0917. In three hours it fell back to 0.0274, pulling back 70%. The peak hour candle saw nearly $90 million in trading volume. The pump funds timed the exit and retreated on cue—those who chased higher didn’t get out in time.
This kind of movement isn’t a market trend; it’s distribution. The smaller the market cap, the more you need to be careful. Team it with “good news” to pump a bit, then smash it—that’s handing the sword to people holding the coins.
On the macro front, Iran has loosened its stance and is willing to sign a peace agreement with the United States before mid-November’s election. But Trump’s wording is that it will be discussed after the election—timelines don’t match. Oil is grinding around 98, near the $100 psychological level. $XAU has retreated to 4263; holding 4250 would count as strength.
Coins that were pumped always leave traces. The next small coin to get into trouble—the order book had already sold it out long ago.