tradingsetup
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The giant $pyth wallet holding 310M tokens (possibly Jump Crypto) has been selling for the past day!
The wallet had 310M tokens which equals roughly to 20 percent of circulating supply. They deposited to OKX Gateio and Bybit through 5 batches and there is possibly more to come, I'm building an #Pyth short here around 0.5 cents.
Also shorting $bonk on perpetual side around 0.0044, and i'm expecting lower prices on #bonk
I've also have a Solana long for hedge, since both tokens are related to SPL and will see how this one plays out. Cheers!
#trading #tradingsetup #SHORT
The wallet had 310M tokens which equals roughly to 20 percent of circulating supply. They deposited to OKX Gateio and Bybit through 5 batches and there is possibly more to come, I'm building an #Pyth short here around 0.5 cents.
Also shorting $bonk on perpetual side around 0.0044, and i'm expecting lower prices on #bonk
I've also have a Solana long for hedge, since both tokens are related to SPL and will see how this one plays out. Cheers!
#trading #tradingsetup #SHORT
