🚨$SHIB Shiba Inu Whale From 2020 Era Reactivates Billion Dollar Position🚨
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. One of $SHIB 's earliest and largest holders has resumed selling, raising fresh questions about supply pressure on the meme coin at an already difficult moment for its price.
The anonymous wallet originally bought 17.4% of the entire Shiba Inu supply, or 103 trillion tokens, in August 2020 for just 37.8 ETH, worth approximately $13,752 at the time. At the peak of the 2021 market rally, when SHIB hit $0.0000885, the stash was valued at more than $9.1 billion. Despite those outsized gains, the holder remained largely inactive for years, leaving the tokens untouched while the broader market cycled through multiple expansions and contractions.
$BTC BTC price four-year trend calls for $76K as analysis says Bitcoin 'not broken'
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. Bitcoin is acting just like in prior cycles as it circles a key four-year trend line. Analysis says that BTC price action is currently "compressed" as it trades below a $76,400 target. A new estimate put the bear market as just over 70% complete.
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🚨$BTC Bitcoin : Strategy Buys 520 BTC For 35 Million Dollars - - Strategy continues buying bitcoin despite the fragility of its main financing tool. Michael Saylor’s company invested about 35 million dollars in 520 additional BTC, bringing its reserves to 847,362 bitcoins. A modest purchase at its scale, but meaningful as the STRC continues to lose ground.
$BTC 🚨$13B Bitcoin options expiry looms: Will bulls endure more pain in June?
Bitcoin bears hold the upper hand in the upcoming Bitcoin options expiry, a potentially early warning that more BTC downside could unfold.
Key takeaways:
Puts (sell) options dominate the June 26 expiry with net advantages of $1B to $3.4B, leaving bulls exposed. Despite Strategy buying BTC again, heavy call (buy) positioning above $72,000 will likely reinforce bearish momentum. $13 billion in Bitcoin (BTC) options open interest is set to expire on June 26, potentially giving bears fresh ammunition for more downside pressure on BTC price. Bitcoin’s 14% price drop in June so far has caught bulls flat-footed, since most call (buy) options were stacked at $68,000 or higher. Will this monthly expiry open the door for a July recovery?
Deribit options dominate the scene with $10.4 billion in open interest, representing a 79% market share. OKX sits in second at 6%, followed by Binance and CME at 5% each, and Bybit with 4%. It’s worth digging into how Deribit traders are positioned ahead of the monthly expiry.$
Aztec Legacy Exploit Shows The Long Tail Risk Of Deprecated Crypto Contracts
Old smart contracts can remain dangerous long after a protocol has moved on.
A SlowMist analysis of a $2.19 million theft from Aztec Connect has put that problem back in focus. The affected contract was part of a deprecated legacy system, not the active Aztec network, but the incident is still an important warning for DeFi users and developers.$BTC $ETH
🚨$XRP XRP vulnerable below key EMA resistance levels🚨
XRP remains vulnerable below the $1.20 pivotal level amid rising downside risks toward the June lows at $1.05. XRP muted ETF demand and softening retail interest fan headwinds. XRP momentum indicators battle downtrending major moving averages as sellers tighten their grip.
🚨$XRP Iba ang “Bullish” na Salaysay: “Kung masira natin ang $1.25 na resistance nang may mataas na volume, puwede nating makita ang pag-retest sa $1.35 na buwanang mga pinakamataas.” Ang “Safety” na Salaysay: “Ang $1.12 na support level ang linya ng paghinto namin. Kung hindi ito tumayo, asahan ang paggalaw patungo sa $1.05 na liquidity zone.”
Daily Market Pulse: Navigating the Latest BTC Volatility
The market is showing interesting signs today, and as always, it is crucial to stay ahead of the volatility. Bitcoin Movement: We are currently tracking significant price fluctuations for $BTC . Understanding these shifts is key to managing your portfolio effectively. Market Sentiment: Whether you are looking at short-term trades or long-term positioning, keeping a close eye on these patterns is essential for any creator in the crypto space. Stay Informed: My goal is to provide the most relevant updates for our community as we watch these trends unfold in real-time. What are your thoughts on today’s price action? Are you holding, buying, or waiting for a clearer signal? Let me know in the comments below! #Bitcoin #MarketAnalysis #CryptoUpdate #theblue_whale $BTC