In short, guys, I’ve closed all positions for now to catch my breath. Some trades are in the red (mostly shorts), while longs are in the green or around zero.
I picked 4 trades FOR BUYING and for now that’s enough.
The base is $DEXE (I closed the first one, the banner is at the bottom 👇 and re-entered again)
Second buy — $B2
Third — $OPN
Fourth — a secret, very cool coin, the sleeping lion. Don’t even ask—I won’t answer. But if someone decides to guess in the comments, I’ll say whether they’re right or not. Still, you won’t be able to guess.
Update: Exchange #BitMEX announced the shutdown of its operations at the time when a class action lawsuit was filed against it, alleging that the platform manipulated user liquidations in order to profit from forced liquidations.
BKX Services Inc. and David Namdar accused the platform of fraudulent liquidation of positions, resulting in these users suffering total losses of 622,66 $BTC
The plaintiffs alleged that BitMEX’s internal trading team had access to users’ private trading information and continued trading during periods when ordinary users were unable to close their positions due to server freezes. When a user’s position was liquidated, the platform automatically liquidated the position and transferred the remaining BTC to the insurance fund. Previously, in 2020, users initiated a class action lawsuit over similar allegations.
ps. I confirm this information because I myself traded on BitMEX in 2018 and also received forced liquidations, had funds stolen, and saw non-market price quotes. That’s why I will repeat my opinion—this was always a “kitchen” in its worst form, and Arthur Hayes is a fraud.
I won’t say why I think so. Let’s wait for the team’s official explanations—I expect they will appear soon. Maybe there was fraud within the project itself, or again, it’ll be North Korean hackers who are to blame...
In X, people were bombarded with negativity in the comments—moreover, the latest post was at the beginning of July, and there are still no official explanations
Pretty strange, considering the fact that the account was registered in 2019. Hard to assume they waited 7 years for the right moment to cash out 👌
BitMEX has always been a kitchen and a scam. As was one of its founders, Arthur Hayes. And even now, they dumped their tokens AN HOUR BEFORE the official announcement of the platform shutting down. So the bootlickers who write these guys praise on X go to the same place this platform is headed. RIP
There’s a reason for this. The project team #baby has just launched a promotion on Binance for authors in Creator Pad, so you’ll notice an increase in the number of posts about this coin.
Sometimes it leads to a significant surge within the first day or two.
$DEXE #DEXEUSDT decided to repeat the scenario $LAB #labusdt and wipe everything to zero?
As far as I know, there are no official explanations from the team about the reasons for the crash.
They assume a team selloff and a rug pull.
Which means we’re seeing a typical scam, where greedy people drain the project and their investors dry.
At the same time, not much goes to the short sellers, given the ETERNAL funding of 1% EACH HOUR.
It’s hard to give a minimum price target. By analogy with the same Lab coin dump, it can last a week and reach $0.5–$1.5, which would equal a market cap of $50–150 million, before we see a “dead cat bounce”
After all, the number $RIF #RIFUSDT right now looks the most attractive for a long-term purchase.
The chart does not indicate any potential problems in the future. I added this coin to my portfolio and re-entered on futures (I closed my first position with a small profit 👇) and went long, taking into account the funding +0.5% EACH HOUR in favor of buyers. It’s like dividends, but a thousand times better and bigger—use it while this opportunity is still available 👍
$LAB #LABUSDT there was a deep, multi-day decline and it ended up on the growth leaders list. The hardest part now is to lock in the Profit in a timely manner and exit the position on time
You probably read in the news about binance news, but I’ll repeat:
Arkham monitoring showed that 84 million tokens $BANK #bankusdt were transferred from the suspicious wallet BANK Foundation Wallet, 0xEde6…3B11a, to a new address, 0x5721…22Bd8, and then transferred to the Aster deposit address, 0x1284…87974.
If I’m not mistaken, this is exactly how they offloaded $ASTER through the exchange and $LAB
After such a pump, it’s quite possible they’ll dump. But DYOR
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