TRIPLE LEVERAGE FROM SEC AND MILLION-DOLLAR LIQUIDATIONS IN THE MARKET.
I gathered in one post the main things that are happening right now.
The main event of the day is the SEC’s decision on the ETF. The regulator approved the listing of triple-leverage instruments on Bitcoin and Ethereum. Obviously, volatility will rise even more, and inexperienced traders will get tossed from side to side.
And the results didn’t take long. Over the past day, positions worth almost six hundred million dollars were wiped out in the market—more than half of that were long positions. Once again, the market punishes excessive optimism without following risk management.
Among the bigger moves on the blockchain, I noticed the transfer of eight million ZRO tokens to an exchange. When such batches of tokens hit an exchange, it always brings to mind possible sell-offs. Meanwhile, one of the major players in the PUMP token has already cashed out and locked in more than a million dollars in net profit by dumping a billion tokens.
$ZRO
$PUMP
I gathered in one post the main things that are happening right now.
The main event of the day is the SEC’s decision on the ETF. The regulator approved the listing of triple-leverage instruments on Bitcoin and Ethereum. Obviously, volatility will rise even more, and inexperienced traders will get tossed from side to side.
And the results didn’t take long. Over the past day, positions worth almost six hundred million dollars were wiped out in the market—more than half of that were long positions. Once again, the market punishes excessive optimism without following risk management.
Among the bigger moves on the blockchain, I noticed the transfer of eight million ZRO tokens to an exchange. When such batches of tokens hit an exchange, it always brings to mind possible sell-offs. Meanwhile, one of the major players in the PUMP token has already cashed out and locked in more than a million dollars in net profit by dumping a billion tokens.
$ZRO
$PUMP