What do you think about the Cryptocurrency market? Risky but also full of opportunities to change positions, right? What is your view on the direction of the market in late 2023 and 2024? As for my personal opinion, I see the market cycle as being like 4 seasons in a year. If you consider 2021 as spring, the growth season, the air is fresh, the market suddenly increases, attracting many investors to jump into the market. Then in 2022, summer begins to come, hot, muggy, the market is all red, the color of decline 🥵. In 2023, autumn leaves change, the air will be more pleasant, but I think this is also the key point. Many people think that this is the time of the uptrend, plus projects are hyped x20 x100 times the account, attracting a large number of new people, new money flowing into the market. But is it really an uptrend when the world economy is in recession, war still exists and is currently at risk of escalation? There is no denying that you will make a lot of money in 2023, congratulations if you can change your position. But everyone needs to be especially careful, don't be fomo, don't be greedy because as I said, 2023 is likened to autumn to me, the season of changing leaves and recovery. There are still traps lurking under that pile of fallen leaves As for 2024, a year full of unknowns. We have events worth looking forward to, BTC ETF, BTC halving... but will it make the market go up or will it be a cold winter, the season of the Bear? I hope 2024 will not be a winter but a year filled with spring and freshness, everyone will happily reap profits and change their positions. #BONK #BTC
🚨WARNING🚨 FTX and Alameda Research deposited three assets worth $37.8 million in Binance and Coinbase:
• 750,000 SOL ($33.3 million)
• 8.88 million MANA ($3.7 million)
• 3,214 BNB (793K)
Overall, as of November 10, FTX and Alameda Research had deposited 42 tokens worth $414 million onto exchanges. Notably, FTX only holds 253,386 SOL ($11.6 million) for immediate trading in Cold Storage 2. Additionally, FTX holds 42.2 million SOL ($1.81 billion) when locked, according to CoinGecko. These SOLs will only start to be unlocked next year and remain largely frozen until 2027 or 2028.
Note that FTX will be allowed:
• sell out tokens in a series of weekly batches, with an initial limit of 50 million USD in the first week and 100 million USD for the following weeks
• sell BTC and ETH only after providing 10 days notice to the creditors committee, the special committee and the US Commission.
-The article is copied, article source: Crypto Makki. Be careful today and in the near future. #solana #FTX #FOMOnista
The closing price of#SOLtoday is $56.67. •I wonder why the price of Sol is so high even though there are no significant changes in the ecosystem, nor are there any positive information updates on Social Networks? •So I went online to find more useful information about Sol and accidentally learned about FTX/AlamedaResearch holding ~58M Sol tokens(3.2B USD). •Meanwhile, FTX has huge debt that needs to be liquidated. Is the increase in SOL price of more than 20% in 1 day related to FTX's action to liquidate debt? 🤔 #solana #FTX $SOL