This is a big warning about a crypto trader! The trader once held $30 million and now only has $13 million left!
A crypto trader and the former largest Ethena token holder has suffered huge losses of up to $13 million. Under the influence of panic, the investor decided to unwind his original position worth $17 million, which was established with an initial investment of about $30 million.
It is worth noting that the trader gradually built up his position between April 5 and April 10 by withdrawing a total of 25 million ENA tokens from Binance four times. According to a report from Lookonchain, these purchases ultimately resulted in a position of 23.24 million ENA tokens worth $30 million, at an average price of about $1.29 per token.
The Ethereum address then staked its newly acquired ENA tokens, becoming the largest holder of the token in pursuit of yield.
However, this strategy did not work as expected, and the price has been steadily falling since the trader purchased the token. Eventually, he had to unwind his position worth about $17.3 million and sold 19.36 million tokens at a loss. As of the time of Lookonchain's report, the trader's losses amounted to $14.1 million, when the price of ENA tokens was $0.71 per token.
Ethena's big holders have been selling their tokens since hitting an all-time high in April. Data collected by Finbold shows that addresses holding 10 million to 100 million Ethena tokens (so-called big players) held a total of 459 million ENA tokens on April 8, but by June 12, this number had fallen by 33% to 305 million.
Interestingly, Ethena once attracted much attention after receiving support from well-known cryptocurrency traders and investors such as Arthur Hayes. However, this attention has also caused people's concerns because it is similar to the situation of Terra (LUNA) supporting algorithmic stablecoins reported by Finbold in April.
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Pepe Vampire: A new generation of Solana memecoin, leading early investors to the peak of wealth
In the world of cryptocurrency, Pepe Vampire (PEPEVAMP) officially emerged as a new Solana memecoin today, indicating that it will achieve a price surge in the next few days, with an increase of more than 9,000%.
Behind this huge potential is the news that PEPEVAMP will soon be listed on KuCoin, a well-known centralized exchange. This milestone move will enable millions of investors to access this memecoin and flock to the market to drive its price soaring.
Currently, Pepe Vampire is only traded on Solana's decentralized exchanges such as Jupiter and Raydium, but even so, early investors are already standing at a huge threshold of returns. They have the opportunity to enjoy amazing returns like investors who have previously invested in Shiba Inu (SHIB) and Dogecoin (DOGE).
Pepe Vampire is launched with over $6,000 in locked liquidity, which makes it stand out from many emerging memecoins. This provides huge profit margins for early investors, who have the opportunity to buy this memecoin with great potential on Raydium or Jupiter before KuCoin listing.
This is not just an investment opportunity, but also an adventure to the peak of wealth. Pepe Vampire is expected to become the next memecoin that is popular all over the world, bringing huge returns to early investors like SHIB and DOGE. $PEPE
PEPE Coin: Future Value Outlook and Strong Rally at Night
Against the background of the overall market downturn, PEPE currency unexpectedly showed strong momentum, with a significant price increase today, indicating a possible recovery trend.
Facing a broad correction in the cryptocurrency market, PEPE coin has witnessed a 7.75% growth in the past 24 hours, pushing its price to a new high of $0.000013.
Although PEPE Coin experienced a 9.64% correction this week after experiencing a significant monthly increase of 49.63%, showing the volatility of the market, this does not seem to affect its long-term potential.
Over the past year, PEPE Coin has outperformed other major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), achieving a staggering 1,339.30% return. This achievement fully demonstrates the strong momentum and broad market interest of PEPE Coin.
In recent transactions, although the number of transactions involving PEPE coins has declined, with a decrease of 5.03%, reaching 1.28 billion, this may mean that the selling pressure is weakening, creating conditions for future increases.
In particular, PEPE coin has been running along a bullish trend line (yellow) over the past three days, indicating growing market confidence in the coin. Additionally, the PEPE coin’s relative strength index (purple) increased from 25 to 65 in a single day, further confirming the positive shift in market sentiment.
From a technical analysis perspective, although the blue 200-day moving average is still declining, the orange 30-day moving average is showing an upward trend. When the short-term upward momentum exceeds the long-term downward trend, if PEPE Coin can successfully break through the 200-day moving average, this will further confirm the market's reversal trend.
Although PEPE coin lacks intrinsic value as a meme coin, it can often follow the overall market trend. Especially considering the upcoming U.S. Consumer Price Index (CPI) estimate for June, this important data may have a profound impact on future market sentiment. Therefore, the further rise of PEPE currency may be the epitome of this market trend. $PEPE
Go Plus, a rising star in this field, is attracting the attention of industry giants with its unique charm. The financing lineup behind it is luxurious, which shows its extraordinary potential and value. In response to this, SecWare X, as a security service product launched for individual users, has just been launched recently and has won wide acclaim for its simple and easy-to-use features.
The user experience of SecWare X is like the antivirus software on our computer. There is no need for complicated operations. Just connect the Web3 wallet and click it to check the user's address item by item. This simple and efficient security protection allows every user to easily protect their digital assets.
Go Plus's financing path is also eye-catching. Since completing the angel round of financing with a valuation of US$20 million in August 2021, it has continued to attract attention from the industry. On the list of investors, the names of industry giants such as Seven X Ventures, Mask Network, and Youbi Capital are shining. In the following period, Go Plus has won multiple rounds of financing with its outstanding performance.
In 2022, Go Plus successfully raised millions of dollars with a valuation of US$60 million. The investment lineup this time is also strong, including industry leaders such as Crypto.com Capital, Huobi Incubator, and Kucoin Ventures. In November of the same year, Binance Lab also joined the investment camp of Go Plus, which undoubtedly injected more confidence and motivation into the future development of Go Plus.
In March of this year, Go Plus once again won the favor of investors including Redpoint China Ventures, which is undoubtedly the greatest affirmation of its past efforts. This series of financing events not only proves Go Plus's status and influence in the industry, but also highlights its strong market potential and commercial value.
Looking to the future, we have reason to believe that Go Plus will continue to lead the development trend of the entire industry with its unique charm and outstanding performance. As a highly acclaimed security service product, SecWare X will also provide more comprehensive and efficient security protection for more users with the help of Go Plus.
#热门趋势 #热点话题 #热门事件 $BTC $SOL #sol板块 In the turbulent market, we were looking forward to the dawn of recovery. However, when the dawn first appeared, we fell into a new round of confusion and anxiety. Why do retail investors always seem to be late to the party and frequently fall into the misunderstanding of decision-making?
Recently, there have been predictions in the market that the market will rise rapidly in June and July. Many investors are eager to enter the market, but they did not expect to be trapped. This kind of "moving on the wind" behavior can't help but make people begin to question: Is the market main force behind the scenes, waiting for retail investors to blindly follow up and then start to fall?
In fact, these news are likely to be baits carefully planned by the main force. They are well aware of the sensitivity of retail investors to news, so they use this to create market fluctuations, thereby guiding retail investors to make wrong investment decisions.
Looking back at history, whether it is Inscription or Sol, there have been painful experiences where retail investors have bought in hastily after hearing the news, but eventually suffered losses. These so-called "insider information" always come too late, not only failing to help retail investors make profits, but pushing them into a deeper quagmire.
Today, the market is full of rumors that altcoins will plummet and interest rate cuts will be delayed, leading to turmoil in the currency circle. These news have undoubtedly once again exacerbated the panic and anxiety of retail investors. However, we must understand that investment is a protracted war, not a short sprint. We should not be swayed by these ever-changing news, but should maintain a cool head and rational judgment and stick to our investment strategy.
Again, if you don't know what to do in the bull market, click on my avatar, follow me, bull market spot planning, contract honey, and share with you. Comment 888 I need fans, you need references. It's better to follow than to guess. ➡传送门
Important announcement! A must-read for PEPE coin investors!
Dear PEPE coin players, please pay attention to this important information! When the price of PEPE coin reached $0.0000172, it seemed to have reached its peak. However, while many investors were hesitant, Crypto Rover pointed out the way forward for us, and he firmly believed that PEPE coin still had huge room for growth.
In a recent public speech, Crypto Rover did not shy away from refuting the argument that "it is too late to invest in PEPE", and he firmly believed that this cryptocurrency still has huge profit potential. Given its current market value of $5.25 billion, Rover believes that the value of PEPE coin is underestimated by the market and is likely to usher in explosive growth in the future.
Even in the face of various market doubts, Crypto Rover is still confident in the future of PEPE coin. He boldly predicted that driven by the bull market, the market value of PEPE coin is expected to reach an astonishing $60 billion, which means that its market value will increase by as much as 10 times. If this prediction comes true, we may soon witness the price of PEPE coin rise to a higher level and achieve a price leap.
At the same time, large investment institutions are also quietly laying out. Venture capital firm Nascent keenly captured the potential of PEPE coin and decisively purchased up to 447.67 billion PEPE tokens from Binance, with a total value of approximately $5.48 million. This move not only brought Nascent up to 4.8% unrealized profit (approximately $262,000), but also demonstrated their firm confidence in the prospects for PEPE coin's rebound.
This acquisition makes PEPE coin a star asset in Nascent's portfolio, with an estimated total profit of an astonishing $2.45 million, an increase of 248%.
#热门趋势 #热点话题 #热门事件 #io项目 In-depth analysis of the market: grasp the last dance step and welcome the investment feast In previous articles, I repeatedly emphasized the risk of adjustment in the cryptocurrency market, warned of a possible 20-30% drop, and advised everyone to avoid holding positions for too long. But at this moment, I still firmly believe that this may be a great time for investors to "buy the dip".
Buy heavy news Recently, according to CoinShares data, cryptocurrency investment products had a net inflow of $2 billion last week. Against the backdrop of expected interest rate cuts in the global economy, such capital inflows have undoubtedly injected strong vitality into the market. Asset management giants such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares have reported a total of $2 billion in net inflows, which is the fifth consecutive week of positive inflows.
In-depth analysis Behind this inflow of funds is the market's firm belief in the long-term value of cryptocurrencies. The influx of a large amount of funds not only brings liquidity to the market, but also indicates that big funds and big players are gradually replacing those short-sighted and unsteady retail investors. This is a process of market reshuffle, and it is also an opportunity for investors to reconfigure assets and optimize investment strategies.
Investment advice At this moment, it may be the best time for investors to hold their ground and increase their holdings. With the continuous inflow of large funds, we have reason to believe that the cryptocurrency market will usher in a strong rebound. For those far-sighted and patient investors, this is undoubtedly a golden period to achieve a 3-5 times increase in assets. $BNB $BTC $ETH
Why altcoins perform poorly in this cycle, and whether they can rise sharply, this post explains it clearly👀
1. From the bear market to today, only 8 coins have risen more than BTC. It is extremely difficult to select these 8 coins.
2. So far, there is no new trend-setting narrative, and the number of views on various platforms is far from enough.
3. The explosion of new coins listed has diluted the market share. The number of new coins listed in May alone is twice the total of the past few years. It is extremely difficult to achieve a general rise.
4. Predicting the future, the altcoin season will still come, possibly earlier than October 2025, but not all coins will rise.
This may be an atypical early bull market for the currency circle, but for large A players, this is too familiar. IPO issuance is rampant, listing is high and locks in high valuations, structural bull market funds rotate, and there is no incremental funds. Is it a familiar formula? $BNB $BTC $ETH
Experts predict Shiba Inu price will surge 1,000-fold
Elsayed, a high-profile cryptocurrency expert and Forbes 40 Under 40 candidate, made a bold prediction for the future price action of Shiba Inu (SHIB). He firmly believes that the meme-based cryptocurrency is expected to hit a high of $0.00024, which would be a staggering 1,105% jump from current levels
After digging into the weekly chart of SHIB (SHIB/USDT), Elsayed discovered a repeating pattern in the second quarter of 2021. This pattern appeared after Binance, a well-known cryptocurrency exchange, began trading SHIB. He pointed out that historical data for Shiba Inu shows that if this pattern is repeated, its price will be greatly boosted. Since its listing on Binance, SHIB has quickly risen to $0.00005 in the week of May 10, 2021
Elsayed specifically highlighted a key moment in SHIB's market activity. After reaching a high of 0.00005, SHIB fell below the key support area of 0.00001784 to 0.00001995 in about 120 days. However, by October 2021, the bull run accelerated and SHIB rose from the support to a high of 343.640.00008854
In the subsequent market correction and bear market, the SHIB price fell below the key support level again, especially under the impact of the Terra ecological collapse in May 2022, which made the situation worse. In the next 658 days, SHIB struggled to regain the price of 0.00001. However, after rebounding in March, SHIB rose strongly by 3700.00004567
Based on this data, Elsayed predicts that SHIB will stage a similar, or even more spectacular, trend again. This new breakthrough could push the price of SHIB to $0.0002404, soaring its market valuation to $141.6 billion. The cryptocurrency expert believes that all this is possible because markets always work in cycles
After reaching highs in early March this year, Shiba Inu prices are consolidating on the daily chart of SHIB/USD. Despite breaking out of a symmetrical triangle pattern in mid-May, SHIB failed to close above the 0.382 Fibonacci retracement level at 0.00002883. In the subsequent correction, the price fell below the 0.236 Fibonacci level and is currently struggling to find support at the 100-day exponential moving average (EMA). A daily close above 0.00002326, will be crucial to avoid further decline to the 200-day EMA of $0.00001977
Shiba Inu ($SHIB ) Poised to Rise to New All-Time Highs Amid the recent market recovery, the much-anticipated meme coin Shiba Inu (SHIB) has been somewhat under the radar. Its price has fallen 8% in the past week, and its market cap has fallen below the $15 billion mark.
However, some industry experts are convinced that the coming months will be full of opportunities for the self-proclaimed "Dogecoin killer" SHIB. They predict that SHIB will show amazing growth momentum.
Senior analyst Mags presented his predictions with a detailed price chart. He believes that SHIB's value is expected to soar to a new all-time high of more than $0.00014 in September this year. At the same time, he also reminded investors that this may be "the last wave of opportunities to buy SHIB, and the future will only rise."
Mags also shared his investment experience, where he bought SHIB at about $0.00000950 in early 2024. With the strong rise of the token in the past few months, his investment has increased by 165%.
Another well-known analyst, CryptoYoddha, is also optimistic, predicting that SHIB will reach a price of $0.000075 by the end of 2024 (a 200% increase from the current market value). He believes that SHIB will not only shine as a single meme coin, but also tokens such as Pepe (PEPE) and Dogecoin (DOGE) will usher in a prosperous future.
SHIB whale surges Although SHIB's recent price has declined, the activities of large investors have become more frequent. According to CryptoPotato, on June 5, a whale accumulated more than 715 billion SHIB in one go, while two other investors purchased a staggering 1.35 trillion tokens.
The activity of whales is usually seen as a positive signal for the market, which may trigger more investors to follow suit and buy SHIB, thereby driving up prices. However, if whales decide to sell their tokens, it could also cause prices to fall sharply. After all, basic economics tells us that price increases tend to come from insufficient supply, not oversupply. $SHIB $BNB $NOT
10 major cancers that endanger social development! ① The stock market that harvests the middle class ② Real estate that overdraws the future ③ Online loans that are everywhere ④ One-man rule ⑤ Corrupt, monopolistic, bureaucratic capital and super capital ⑥ The internet celebrity economy that is in chaos ⑦ E-commerce with no bottom line price war ⑧ Desperate social resource redistribution ⑨ Debts at all levels that are constantly leveraged ⑩ The so-called national integrity that is tolerated again and again If the cancer is not removed, the Chinese people will have trouble sleeping and eating.
Of course, there are also positive aspects of society: ① The grassroots working people who are still hardworking, kind, loyal and patriotic. ② The strong national cohesion and policy execution of the Chinese people. ③ A large number of pioneering and enterprising scientific and technological workers and private entrepreneurs. ④ The invincible and powerful people's army. ⑤ Adequate foreign exchange reserve resources, and the status of the RMB continues to rise. ⑥ Strong manufacturing industry and overseas capabilities.
In the cryptocurrency market, a bull trap is like a well-designed trap that uses seemingly attractive signals or misleading market trends to induce traders to believe that the price of a cryptocurrency is about to rise, thereby prompting them to buy. However, just after a short rise, the price suddenly reverses and falls, leaving investors who expect further gains in trouble.
Several key features of a bull trap include:
1. False breakout
The price seems to break out strongly from a certain resistance level, which seems to indicate that the price is about to enter an upward track.
2. Short-term carnival
After the breakthrough, the price will rise for a short period of time, attracting more investors to follow suit and buy.
3. Sharp turn
However, just when investors are full of expectations, the price suddenly reverses and falls sharply, causing losses to those investors who fall into the trap.
To avoid these bull market traps, investors need to: Use more indicators to confirm the true trend of the market, rather than being fooled by superficial illusions. Observe whether there is enough trading volume to support the price breakthrough to ensure the authenticity and sustainability of the market. Set stop-loss orders to control potential losses and ensure timely exit when the market is unfavorable.
Coinduoduo is also ambushing a currency that is about to explode recently, with a short-term return of 30% and a long-term return of about 5-8 times. Again, if you take the initiative to find me, I will take you ashore, and you just lie down, leave a message 999! ! ! Coinduoduo will not let my fans miss out in this bull market! This is the truth ➡传送门$IO $LEVER $BNB
Prominent Cryptocurrency Investor and Analyst Reveals Shiba Inu’s Bright Future Among many cryptocurrencies, Shiba Inu has become one of the most influential “meme coins” with its unique charm. Although Shiba Inu’s veteran status is eye-catching, there are still doubters who worry that its future value may shrink significantly.
However, these doubts have failed to shake the confidence of “Crypto King”, the “King of Cryptocurrency”, in Shiba Inu. On the social media platform X, he firmly defended Shiba Inu, saying: “Veteran meme coins like $SHIB are destined to succeed.”
Senior investor supports SHIB and refutes the view of declining value Crypto King responded to a commenter on the X platform who was skeptical of meme coins. The commenter believed that most meme coins will lose value in the next few years, and only two or three will be able to rank among the top 50 cryptocurrencies. Surprisingly, the commentator even predicted that Shiba Inu, the second largest meme coin and 11th largest by market cap, would lose the majority of its $13 billion market cap.
Crypto King, however, scoffed at this view as superficial. He pointed out that Shiba Inu has been accepted by many of the world's leading centralized cryptocurrency exchanges, providing retail investors with broad exposure to the digital currency. Therefore, he believes that Shiba Inu's foundation is much more solid than the outside world realizes. He further likened Shiba Inu's meme coin status to gold, in stark contrast to those newly discovered cheap gems.
A bright future for Shiba Inu Shiba Inu not only has a vibrant community, its team members are also committed to promoting the real-world application of this digital currency. They have created a variety of practical uses for Shiba Inu through innovative ways, such as supporting projects such as ShibaSwap and Shibarium.
Currently, SHIB is trading at 0.00002317, and although it has declined recently, its position in the market remains solid. According to IntoTheBlock’s Global Fund Flow Indicator, SHIB is facing a resistance wall of $12.7 trillion and a support wall of $37.4 trillion. Although the trend of SHIB this week is still unclear, cryptocurrency experts say that in 0.Around 000023, SHIB is usually able to maintain strong demand.
Robinhood mysteriously withdraws 600 billion SHIB, market undercurrents surge The well-known cryptocurrency tracking agency Whale Alert recently disclosed that a large amount of SHIB (Shiba Inu Coin) was mysteriously withdrawn from the mainstream trading platform Robinhood, with a total amount of tens of billions. The destination of these SHIB coins points to an anonymous wallet, which has attracted widespread attention in the market.
In addition to this huge SHIB transfer, Whale Alert also monitored two other large transactions of popular meme coins, totaling 326 million Dogecoin (Dogecoin) also flowed out of the Robinhood platform.
This huge transfer of more than 500 billion SHIB was discovered by the data source not long ago, and converted into legal currency, it is worth up to 13,713,299 US dollars. The target of this transaction is a blockchain wallet marked as unknown by Whale Alert.
It is worth noting that these two SHIB transfers are closely linked to two other large Dogecoin transactions: one for 200 million DOGE and the other for 126.7 million DOGE, with a total value of nearly $32.7 million.
According to Into TheBlock data, SHIB whales have been extremely active recently, with a staggering 17 trillion SHIB being transferred in the past week. However, after a deeper analysis of the three transactions out of Robinhood, we found that these meme coins did not flow elsewhere, but returned to Robinhood, and the destination wallet belonged to the trading platform, suggesting that Robinhood is readjusting its SHIB and DOGE holdings.
SHIB community is enthusiastic about burning, and key indicators soared 2814% According to Shibburn Explorer data, the SHIB community has made significant progress in reducing the circulation of SHIB since yesterday morning. Together, they have successfully increased the burn rate by 2814% by burning SHIB (i.e. sending SHIB to an unusable blockchain address), and a total of 7,912,388 SHIBs have been burned.
So far, there have been seven burning transfers, of which the three largest transfers were 4,320,587, 1,538,128 and 1,031,814 SHIBs. The smallest burning transfer only involved 5,683 SHIBs. Behind these numbers, it reflects the SHIB community's firm determination and unremitting efforts to maintain its ecological health.
As a long-term investor in BitTorrent ($BTTC ), you must face the fact that if you can't manage uncertainty, it will be difficult to embrace growth.
Investing in a technology like BitTorrent is undoubtedly venturing into a field full of unknowns and possibilities. BitTorrent's decentralized nature makes it a revolutionary technology, and its wide application in file sharing, blockchain, and decentralized finance (DeFi) has demonstrated its broad potential. However, the market environment in which these cutting-edge technologies are located is often volatile and unpredictable.
But true long-term investors know that it is these uncertainties that breed huge opportunities. They embrace risks, constantly learn new market dynamics, and maintain a long-term perspective to navigate this sea of variables. They know that only by constantly adapting, learning and persisting can they find their own treasures in this magnificent financial ocean.
Therefore, as long-term investors in BitTorrent, we must not only have confidence in the technology itself, but also be respectful of our own decision-making ability and market insight. Only in this way can we find certainty in uncertainty, seek opportunities in risks, and ultimately achieve the accumulation and growth of wealth.