Around 670 million dollars in liquidation! The largest on | Moonfasa on Binance Square

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Around 670 million dollars in liquidation!  
The largest one after FTX!  
The highest liquidations occur at the major reversal area!

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IMPORTANT UPDATE🔥: $558,000,000 worth of USDC has been transferred to Coinbase Institutional. The bulls are actively making moves.

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KEEP YOUR EYES ON THIS TO KNOW WHERE THE MARKET WILL BE HEADING🔥🔥 Bitcoin Weekly Should Settle Back Above the Macro Key Level at $60,000 The weekly price opening confirmed a breakdown below the multi-month level for the first time since February. To prevent lower prices, we need to close this week’s candle back in the range. Let’s Pray for a reversal, Else there will be more blood in the market 🔥

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🚨BREAKING NEWS 🗞️ 🇩🇪 THE GERMAN GOV'T SENDS ANOTHER 1,000 $BTC WORTH $56,000,000 TO BITSTAMP, COINBASE AND AN UNKNOWN WALLET ADDRESS 👀 TRADE CAREFULLY

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BULLISH UPDATE: $16,000,000,000 in Stablecoin Liquidity Will Enter the Market 🚨 Concerns about the Mt. Gox dump and other bearish factors are prevalent, but there’s a major event that could propel the crypto market to new highs. FTX Plans to Distribute Over $16 Billion to Its Creditors Here’s the timeline: August 16: Voting deadline for FTX customers October 7: Judge Dorsey’s decision on plan approval If approved by the court, FTX will reimburse creditors within two months. This distribution is expected to take place from Q4 2024 to Q1 2025, aligning perfectly with other bullish factors like rate cuts, FASB accounting rule implementation, and the US election results. Given that most FTX customers are crypto enthusiasts, a significant portion of the $16 billion will likely re-enter the crypto market. This influx will be one of the biggest catalysts for higher prices. Predicted Market Impact: BTC: Expected to surpass $120K ETH: Expected to exceed $12K Altcoins: Potential to pump 10x-50x If you find this content interesting, hit like and repost it!

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HOLD, SELL or BUY??? ALL YOU NEED TO KNOW ABOUT THIS MARKET DUMP👇🏽👇🏽 The panic is intense and a lot of people are in sure of what to expect from the market anymore, is the bull run over? Will there be a bull run? Are we back in the bear market? Relax and read 👇🏽 Mt. Gox is set to begin the repayment of 141,686 BTC this month. The market is experiencing a downturn as some believe that BTC may drop to $45K or even $40K. Let's address the fear, uncertainty, and doubt surrounding the Mt. Gox dump. The distribution of Mt. Gox BTC will occur in 3 phases: early payment (July to Oct), intermediate payment (final creditors), and final payment (years later). Currently, the focus is on the early payment, which will consist of 71,403 BTC. There are various types of investors involved, including individual creditors, credit funds, and exchanges. When Mt. Gox was hacked, BTC was trading at $600, and the holders have already seen a 100x increase. With the current bull market, the selling pressure is expected to be significantly lower. It is estimated that 50% of the coins will be sold, totaling 35,700 BTC worth $2.1 billion. The market can handle 6K–10K BTC of sell pressure due to low ETF inflows, and during high ETF inflows, it can absorb 15K–25K of daily BTC sell pressure. This suggests that the 35,700 BTC won't have as severe of an impact on the market as anticipated. The reason for the BTC dump is an overestimation of the Mt. Gox selling. In my opinion, BTC will likely find support in the $44k-$52k range, and only a black swan event (war, pandemic) could push BTC below that. If you found this information helpful, please like, repost, and comment.

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