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Ubaid Ansari
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UNFi
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1st 5.9 - 2nd 5.6
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@everyone Everytime a big move which has nothing to do with news, hits the market.. people get scared, they panic sell their alts to USDT and to BTC... that's why both of those dominances have risen recently. No big shock in that #altcoins $BTC
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$UNI liquidation heat map please be careful Buying Entry 10.500 to 9.90.
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PNT Announcement The recent announcement of the delisting of PNT by Binance caught us off guard and frankly it's a disappointing turn of events. It's not the end we had in mind for our journey with Binance. Despite this setback, we would like to reassure our community: #pNetwork remains up and running and secure. Since its launch, pNetwork has processed over $1.08 billion in cross-chain transactions, $7 million in the last month alone. Our mission is far from complete. We're not standing still. We are actively working on a restructuring plan and a new roadmap. These steps are critical to adapting to changing market conditions and ensuring the resilience and growth of $PNT and pNetwork. We're committed to our community and the future of pNetwork. This is a bump in the road, not the end of the journey. Together we'll overcome these challenges and emerge stronger. #PNT/USDT #Memecoins
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Corrections are coming, that's a given. No need to panic, folks! Keep your assets steady. Stay away from selling to the big players. Instead, seize the moment to grab your coins and master dollar-cost averaging (DCA). $BTC $SOL
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#Blackrock took 11,500 $BTC from Supply in 2 days 900 Bitcoin are issued daily, and you can see Blackrock's move into their cash supply from last night into Bitcoin, buying the dip. Now, they mostly hold Bitcoin. The key point is 11,500 BTC were sucked from the system in 2 days by 1 player. That alone is approximately 13 days of supply. In addition, IBIT Spot ETF only managed an average of 25% of the volume over two days - so we can assume 46K in 2 days was sucked out (yeah, I know $GBTC impacted this). Net net, if this pace continues, we're facing a severe supply crunch. Assuming 11,500 x 4 = 46,000 or 23,000 per day, that's 25.56 times the daily production consumed by US ETFs per day alone... forget about retail investors, other global ETFs etc. Ignore the price fluctuations; this asset is incredibly hard, and if this continues, we will face an extreme supply crunch. #Bitcoin ETF launch was a huge success (despite egregious GBTC fees)
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