📈 💎 The institutional money is QUIETLY flowing into $RNDR behind the scenes. While retail is distracted, the big players are positioning themselves for something BIG. Are you ready? 🎯
👨💻 Development activity on the network just hit ALL-TIME HIGHS! The team is shipping updates, partnerships are being announced, and the ecosystem is thriving! This is REAL growth! 🌱
🚀 This setup has ALL the ingredients for a SIGNIFICANT explosive move upward! Technical alignment, fundamental strength, and market sentiment converging perfectly! Let's go! 🔥
🏆 🐋 👀
#RNDR #Crypto #Binance #Bitcoin #Trading
Big $ETH holders like Trend Research have moved a huge amount of Ethereum, around 1.8 billion dollars worth into Binance, which usually signals they are preparing to sell. That kind of pressure can weigh on prices, especially when the market is already weak.
Part of this comes after a large leveraged long position using ETH didn’t work out, pushing some institutions to reduce risk and cut losses. With selling pressure still visible, it could keep short-term downside risk on ETH.
🚨Bithumb pulled off a hilarious stunt 🤣🤦♂️
The full story:
They were supposed to give away ₩2,000 (about $1.50) as a reward to users, but there was a mistake and it turned out to be 2,000 Bitcoin per winner 🤡🤦♂️🤣
The disastrous results:
620,000 BTC were accidentally sent out
Value: Over $40 billion 💀
They managed to recover 618,212 BTC
1,788 BTC were sold, but they managed to recover most of them, and 125 BTC are still missing from the system 🏃♂️
People sold immediately
The result? Flash crash for 55K on Bithumb 📉
Bithumb: Technical error
Users: Opportunity of a lifetime
SOL Token Surges 5.85% After Short Liquidation, $1.5B USDC Mint, and Institutional Demand
Solana (SOLUSDT) experienced a 5.85% price increase in the past 24 hours, trading at $86.25 on Binance. The price rebound can be attributed to heightened buying activity following a short liquidation event valued at $1,315.6, technical indicators showing oversold RSI and high volatility, and a V-shaped recovery from a key support zone. Additional positive sentiment was supported by Circle's minting of 1.5 billion USDC on the Solana network and continued institutional interest, particularly in tokenization of traditional securities in Asia. Despite recent bearish momentum and weak trading volume, the market saw a substantial 24-hour trading volume of around $8 billion and notable upward movement from the 24-hour low of $78.98, reflecting increased volatility and renewed demand.