Abraxas Capital's continued collateralization of BTC & ETH is real

1 hour ago, Abraxas Captial withdrew 230 $WBTC (16M) from #Bitfinex
Besides, they withdrew another 800 $ETH ($2.8M) from #Bybit

Immediately 230 $WBTC & 800 $ETH were taken as collateral to borrow a total of 9.5M $USDC.

The amount of borrowed stablecoins has been deposited on Bybit exchange as in recent days.

What is worth noting here is that they withdraw their wallets to use as collateral to borrow as soon as the market has a correction rhythm.

In the above article, I also talked about the 124M Stablecoins that they had previously deposited on the exchange that may have been partially used.

The fact that Abraxas uses $WBTC as collateral along with $ETH shows that they want to bet on both $ETH and $BTC .

Currently, the value of $ETH collateral is 10 times greater than $WBTC. Perhaps Abraxas is hoping that $ETH will out-perform compared to $BTC in the near future.

Although the market adjusted leading to a decline in Health Rate, the volume of collateral and the volume of Stablecoin borrowed continue to increase, showing that they are still very Bullish with the market.

After observing that Health Rate was 2 times recently at 1.49, Abraxas Capital accepted to mortgage more assets to borrow Stablecoin.

With the above Health Rate, a market dump of more than 35% will be liquidated, and for a big guy holding a large amount of assets with sensitive timing like Abraxas Capital, that's something they won't allow to happen.

The market is entering the phase of tightening supply before pushing up prices after 1 week of MM continuously lowering prices to collect goods 🥶🥶
#Jumptradinghas transferred 10k $ETH = 35M$ to the custody storage wallet, this is part of the goods they have collected in the sideway area.

Pay attention to the article#Cumberlandgom $ETH I wrote earlier, the number $ETH gom in the main wallet is only 1/4 of the number $ETH gom in hidden and stored wallets.

This means that most of the number $ETH is being gradually transferred from the price wallets to the storage wallet, the number $ETH transferred to storage is a collection item in the past time.

Flow: Collect $ETH from CEX - Withdraw to wallet for price - Internal transaction to storage

The sign of supply tightening is the final flow when transferring goods to storage, this shows that MM is gradually confirming that the amount of goods they have collected has begun and what is coming next is to start running the gradual phases for the price push wave.

Coincidentally, $ETH is currently being displayed very little on the exchange, confirming the supply tightening and signaling that latency is at a low level.

Definition of supply tightening: The supply of goods is being forced down to a low level so that MM can easily increase the price or reduce the pressure of release, this will make it convenient for MM to push up the price in the long run.

#BinanceAdvice

Not only the main wallet, Abraxas Capital sub-wallet continues to transfer stablecoins to the exchange.

40 minutes ago, they transferred 53M $USDT to #Binance

This $USDT reserve comes from the withdrawal from the#Krakenexchange a few days ago.

Perhaps they are smelling something in the market in the coming weeks to activate large volumes of Stablecoins hastily like in recent days.

Within 3 days, more than 124M $USDT & $USDC were deposited by Abraxas Capital on the exchange. It is entirely possible for the market to adjust so that these big guys can have a good position.

But remember that the majority of these Stablecoins are borrowed from pledging large amounts of $ETH on Spark at Health Rate 1.5 and if they dump 35-40% they will be liquidated.

With a big timing player like Abraxas Capital, it is very difficult for them to allow this to happen.

Identifying the main trend as Bull with short-term corrections is both an opportunity and necessary to create a solid price foundation for the next years of crazy Bull runs.

Currently the sub-wallet is holding 25,497 stETH ($92M) which they can continue to use as collateral to borrow Stablecoins.

#BinanceVietnamSquare

#Upbit is strongly collecting $ARB , accumulating vol to push up the price will be a story sooner or later 🎰

From the time many retailers got punched for unlocking until now, it's also the time when#Upbitis at its strongest
#Upbithas collected a total of 32,693,921 $ARB = 49,888M$ in the past 3 weeks

The number $ARB above was collected from #Binnace, #OKX,#Bybitthrough 5 layers including#Bithumbsupport

Currently#Upbitis holding 105,957,196 $ARB = 175M$ (enough stock for the price push process)

The last time#Upbitcollected goods with such a large volume was at $ARB in the re-accumulation zone of 1.1$ before pushing it to 2.4$ (those of you who have followed me for a long time will be quite clear about the activity of #Wintermute,#Upbitat this time)

Compared to the previous casestudy at $1.1,#Upbithas collected about 22,129,598 $ARB before entering the price push setup stage, meaning we have now collected 10M more tokens than the previous process.

-> The upcoming price push process will be larger than the previous wave, forcing#Upbitto collect a larger amount of goods and the price push process will begin when they set up goods to push

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Not only Wintermute, Abraxas Capital also responded similarly

1 hour ago, Abraxas Capital mortgaged 5,000 $ETH ($18M) to borrow 10M $DAI.

Not long after that they swapped 10M $DAI to 10M $USDC deposited on the exchange.

Entities are moving to transfer large volumes of stablecoins to the exchange in the short term and adjustments are inevitable.

Because they need a better position than retailers for the newly deposited stablecoins to be absorbed.

Accept ETH mortgage at current price to borrow stablecoin at this price with quite risky health rate: 1.49.

It shows that they continue to have an upward trend on $ETH in the medium and long term, so they don't have to worry too much about the market having a slight correction.
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#Wintermute sets up a large amount of stablecoins, Altcoin will continue to enter the next wave

In the last 24 hours,#Wintermuteminted 58.32M $USDC and deposited 268M $USDC to#Coinbase& 152M $USDC to #Binance

The total setup amount is 421M $USDC

The last time#Wintermuteset up money to push Altcoin was total 3 at 677B$ with 449M $USDC setup and total increased from 677B$ to 767B$

With the amount of 300M $USDC poured in, we are often quite worried that Altcoin needs to adjust so that MM can collect it in a good position, but in the past 2 days Altcoin has had a correction trend before.

Therefore, it is always possible for this $USDC amount to be absorbed directly into Altcoin when MM has previously pushed down the Alt price to get a good position, this case happened with the previous setup.

Note: Even if there is an adjustment to collect, remember that the main purpose of this money is to push up the price of Altcoin
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SmartWhale transferred USDT to the exchange, accumulating large volumes of ETH.

5 hours ago, SmartWhale withdrew to wallet 2,388 $ETH ($8.5M) from Binance

Previously, SmartWhale had moved to Binance 19M $USDT.

Perhaps the above $USDT was partly used to buy $ETH when the price corrected yesterday.

In the past, this wallet address began to accumulate a lot of $ETH in the price range of $1k9-$2k2, this is also the price range where Wall Street big guys started buying OTC on Coinbase Prime.

With this continuous accumulation SmartWhale is holding up to 20,548 $ETH ($73M), currently continuing to accumulate more shows that it is quite bullish.

After the successful Dencun Upgrade, Rumor ETH ETF will be the catalyst to help $ETH grow strongly in the near future.
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Scopeschat is currently among the top On-chain checking tools with support from A.I, helping people reduce quite a bit of time compared to regular manual checking.

Besides being used to track the average entry of Whale or VCs on DEX and CEX, it is possible to receive airdrops for users when the project launches tokens similar to Arkham before.

With the participation of some famous investors such as Haskey Capital, OKX Ventures and two MMs that are quite famous in the market, GSR MARKET & AMBER GROUP but quite few people know about it.

Two recently airdropped projects such as AltLayer or ZK Polyhedra both have the participation of Haskey Capital & OKX Venutres
#BinanceVietnamSquare

What is#Kucoinreally doing after being prosecuted by the Department of Justice?

Fud time yesterday#Kucoinhad to transfer a total of 733M $USDT to the withdrawal portal

To put it simply, the above amount of $USDT was transferred by#Kucoinfrom the hot wallet and reserve to the specialized withdrawal wallet to avoid congestion when users continuously withdraw money when FUD occurs.

Loss is inevitable when 464M $USDT is the amount of money withdrawn from the exchange in the past 24 hours.

Including other assets such as $BTC, $ETH & Altcoin, the amount of money withdrawn from the exchange is $528M.

The money of these users is mainly transferred to other CEX exchanges such as #Binance, #OKX,#Bybitor some large entities withdraw to onchain

#Kucoin's proof of reserve is currently still at 4.81 Billion USD, which means that#Kucoinis still capable of standing firm after the above damage.

In short, after going deep inside #Kucoin, the amount of money they reserve is still very large to be able to survive, not to mention the amount of money they are saving for users who continue to withdraw money, which still has a surplus of 269M$.
#BinanceVietnamSquare

Upbit combined with $PDA project to steal, all scripts have been written 🎲

Overview of Upbit flow that took down $PDA :

Receive goods from the project through an intermediary wallet - Mix hash - Deposit to#Binance- Split order 100$-1k$ discharge - Order sell continuously & release goods causing price dump

Upbit making used about 17 wallets including reserver users upbit wallet, Fresh upbit wallet, Upbit Kyc Wallet on Binance to perform the above transaction.

Looking at the summary flow, it is clear that Upbit has combined with the project to steal money. This combination has been shilled and bet on $PDA by a number of influential people, not just a simple delist.

On the contrary, Upbit is active and spends quite a lot of resources in this section, so you can look at many other Altcoins that are being collected and set up to push.
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List of Altcoin#Binancepush setup and things to know 👇👇

The Altcoins pushed by#Binancesetup will have a lot of differences because not only will they have more resources from#Upbitor MM tier like #Jumptrading, #Wintermute...

Therefore, I will divide the Alt lists according to each MM that will cooperate with Binance in the upcoming push below:

- Pure Binance: TRN, CVX, BICO, DEXE,OM, MOG, SRM, POND, LINA

- Binance & Upbit : FRONT, MTL, GLM, RLC, HIFI, PUNDIX, BAT, GRT, KNC, LOOM

- Binance & MM tier ( Jump, Winter, Cumber, FalconX, GSR ): OCEAN, ENS, DYDX, UNI, FTM, SNX, ILV, ALCX, HFT, CTSI, REQ

The common point of all 3 Alt branches above is that MM holds over 52%-60% of the supply, with this amount of goods, MM will have to push up the price to exit the liquid.

On the contrary, all 3 branches will have different pricing and chart navigation methods for each MM tier, so you can choose the MM team that you like and feel easy to follow.

Because I have identified the market's rising wave in the coming time, next time I will analyze many Altcoins, not just the Altcoin list#Binancesetup #binance
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All scripts have been prepared, good drama is waiting for us right ahead 📝

You can see that recently, my team and I have written about stablecoins like 1 billion USD minted, MM mint USDC is very little.

Going back to the previous time, there was a total of 10 billion $USDT minted in the past 1 month, this amount of $USDT has been minted 90% as I said before.

Their recent discontinuation of mint stablecoins also proves the above that the $USDT setup for gathering and pushing has been completed.

One more thing that we are all too familiar with when > 1 billion $USDT minted, the price will be bad in the short term and a good signal in the medium term => We have reached the stage of good signal in the medium term

Or about $ETH , I have analyzed quite a few MMs who are creating a $ETH price base to set up a push and there is now a consensus to set up a price push => Our job is to wait for $ETH to continue to be pushed.

Since we have determined the market view, the most important thing right now is what Altcoin we bet on. You can refer to the Alt coin in the Binance setup push list that has not yet pumped and use Scopechat to choose the Altcoin that is being strongly scooped up by MM.
#BinanceVietnamSquare

$STRK is still in MM's accumulation range, how does the current price range compare to MM's position 🤔

The amount of goods that the big guys own currently accounts for 55.76% of the circulating supply

With about 45% of the remaining supply, most of it is in the floor reserve, contract bridge or millionaire of the project, so the above figure of 55.76% is very large.

Data $STRK is here

Looking at Scopechat's statistical data, the average entry of $STRK of the entities controlling the game is:

MM & VCs: $1.89 (25% of current price)
Smart Money: $1.98 (20% off current price)
Whale: 2.07$ (12% of current price)

The position of the Whale index is what we should be most concerned about because Fresh wallets and MM hidden wallets will all be calculated and listed according to this index, so there will be the lowest latency.

MM's accumulation range will usually be around 30%, so to collect MM's goods, our entry should not be higher than 30% of their profit.

Overall position of the big players, all 3 indexes are in the range below 30% and especially the Whale group is only 12% away => $STRK is still in the cumulative range of the big players.
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The process of setting up Altcoin prices is being accelerated, the Altcoin of the future 🌙

The amount#Wintermuteborrowed from#MarkerDaoin the past day is 97.11M $USDC

This is an amount nearly equal to the amount of $USDC that#Wintermuteset up to collect goods for the previous 20% Altcoin rekt, but this does not mean that Altcoins will continue to have to rekt for#Wintermuteto collect.

There is nothing worth mentioning if #Wintermute's loan orders tend to increase sharply,#Wintermutehas increased to 4-8M $USDC 1 loan order when before they only borrowed an average of about 2M $USDC 1 order.

It can be seen how urgent#Wintermuteis, in fact#Wintermutecan absolutely buy $USDC from#Circleto bet on Altcoins, but when they have determined to borrow $USDC to bet on Altcoins like now, we have to understand that they are very hopeful about the upcoming Altcoin surge

While#Wintermuteis still using leverage to bet on Altcoin, one thing is certain: there is no reason for Altcoin not to increase even when#Wintermuteis also reducing the activity of collecting $BTC for ETF funds to focus resources on Altcoin.

#BinanceVietnamSquare #BinanceVietnamSquare

One day passed, Mr.100 aka Upbit Making transferred 360 $BTC to#Binanceand #OKX

1/ Theory:

In theory, their transfer of $BTC to the exchange is bearish. It could be argued that $BTC is in high price territory or another negative opinion

2/ But consider reverse thinking as follows:

Was 360 $BTC = $24M transferred to the exchange yesterday. Does Upbit swap to altcoins?

First, as everyone knows, the upbit making portfolio mostly holds lowcap altcoins and holds a large amount of tokens. Even controlling the circulating supply of a certain token

Second, the market is in the thick liq stage. It is easy to understand that Bid and ask has a large number of buy and sell orders. It is feasible to transfer $BTC to the exchange and swap it to the altcoin they are betting on

=> In favor of reverse thinking about Upbit Making, 52Hz Onchain will think that this amount of $BTC transferred to the exchange is completely bullish because there is no good time like the present to swap to altcoins in the Upbit port to trade up. The last time anyone noticed $SC (Siacoin)
#binace #BinanceVietnamSquare #BinanceVietnamSquare

1,000,000,000 $USDT was minted 30 minutes ago

And Tether's capitalization has reached $101B

In the medium and long term, minting stablecoins is a good thing for the market

For short-term, although the amount of $BTC, $ETH and even altcoins is enough for the market pump budget, this amount of money will need to have a good position.

Note: In 3 months, 8,000,000,000 $USDT has been minted
#binance #BinanceVietnamSquare

Memecoin continues to dominate the top gainer wave

16 hours ago, 9 fresh wallet addresses withdrew a total of 561B $SHIB ($18M) from #Coinbase

But a few minutes before that, there was also a Whale wallet address that had moved to the exchange 1.34T $SHIB ($43M)

This amount of $SHIB was collected by Whale 2 years ago

Most likely this is the act of switching storage wallets through#Coinbaseto erase traces

This shows that although SHIB token prices have increased sharply recently, Whales have not yet made significant profit-taking moves. Their transfer of SHIB tokens between wallets and exchanges may be intended to hide the origin and traces of transactions.

This event can be interpreted in two ways:

Case 1: Whales expect SHIB price to increase further so they are not in a hurry to take profits. They are holding on and waiting for the right moment.

TH2:Whales is preparing for a strong sale in the near future. The transfer of tokens back and forth may be to prepare liquidity and hide intentions.

But with Whale's long-term accumulation, the TH1 trend is still higher

If Whales wanted to take profits, they could have done so sooner given the recent surge in SHIB prices. However, the fact that they haven't sold yet could indicate expectations for prices to rise even further.

Follow Whale fresh

Whale deposit 1.34T $SHIB
#BinanceVietnamSquare #BinanceVietnamSquare

Whale awakens after 3 years of staking a large amount of ETH through fresh wallet.

13 hours ago, 4 fresh wallet addresses staked a total of 40,000 $ETH ($150M) into Lido

This is an action from a big guy who is dividing ETH into many wallets to avoid detection and limit risks because the actions of each wallet are quite similar:

1/ All are 4 fresh wallets.

2/ The volume of $ETH staked into LIDO in each wallet is quite similar in terms of $ETH volume and active time

3/4 of the above wallet addresses that received at least 10 ETH in the first transaction order all came from a wallet address that withdrew ETH from the HTX exchange, is it related to Justin Sun?

4/ There is a move to receive from wallets that have accumulated ETH 3 years ago through hidden wallets.

5/ After these fresh wallets receive $ETH , they are swapped to $stETH and then transferred to 4 other fresh wallets staked on Lido

The above 40,000 $ETH were all received from wallet addresses accumulated 3 years ago when $ETH was in the $300-$600 range before peaking in 2021 but until now there has been no move to sell.

At the present time, Whale continues to hold and take away stakes, it seems they expect long-term ETH to go further.

Money Flow
#BinanceVietnamSquare #BinanceVietnamSquare.

The Altcoin card game will turn upside down in the coming days, the goal of Market Marker will be clarified 🎯
#Wintermuteborrowed 132.79M $USDC from #MarkerDao: USDC Lending Pool in the past 2 days, this $USDC amount has been transferred to #Coinbase, #Binance

Going a little deeper, when Altcoin rekt 20-30% the day before was also the time when#Wintermuteborrowed the most $USDC => This amount of $USDC has been used to collect Altcoin and will continue to push in the coming days. next

Because this is the amount of borrowed stablecoin, it forces#Wintermuteto be careful with their steps.#Wintermutechooses the time when they are rekt to borrow, not setting up rekt in advance like they usually do to reduce the risk as much as possible.

On the contrary, this is a very good thing because this will force them to push up the price of Altcoin immediately, so it will be very difficult for Altcoin to have 20-30% declines like the previous days.

Previously,#MarkerDaoadded $USDC in the Lending Pool to be ready for large entities to borrow $USDC and#Wintermutewas the team that stood out to borrow this $USDC =>#MarkerDaowithdrew $USDC from storage to lend to#Wintermuteto collect and push up Altcoin prices

Flow Wintermute borrows USDC to push Altcoin

🎙🎙🎙 🔵 🎙🎙🎙

#binance #BinanceVietnamSquare

#MyFirstFeedPost Hello Binance Square users!

$STRK said: NO DAYS DUMP, ALWAYS PUMP

The previous flow we analyzed: Nethermind & Flow Trader dump causing price dump - Stop dumping - Bithumb, Wintermute collect goods - Accumulation phase - First push phase - Now...
#Nethermindwithdrew 300k $STRK = 678K$ to sell directly to $USDC right after $STRK pump on March 5

Looking at the dumping volume of #Nethermind, one thing can be sure that#Nethermindis not wanting to dump $STRK , so what is their main purpose 🧐

The fact that they are dumping that amount of $STRK actually means that they want $STRK to temporarily stop increasing in the short term. This will affect the price sideways and MM can take advantage of this time to continue to accumulate goods.

In fact, the main chart navigator group of $STRK is currently the#Wintermutegroup and while#Nethermindcreated a small price base in the past day,#Wintermutecollected about 16M$ $STRK (#Nethermindreleased 678k$ <#Wintermutecollected 16M$ )

Each#Nethermindorder sold will average about 50k$ while#Wintermuteonly collects orders from $100-1k$ , so it is understandable that $STRK only increases sideways even though the amount of collection and sale is very different.

So we have confirmed that#Nethermindis creating a small frame re-accumulation price base for#Wintermuteto collect large quantities to carry out a stronger price increase in the near future.

Flow now:#Wintermutecreates a push phase -#Nethermindreleases so that the price stops increasing - Creates a daily price base
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