The crypto world is on edge as a massive whale just offloaded $59.15 million worth of cryptocurrencies onto Binance! ๐๐ธ
In the latest move, whale address "0xcDe" made a jaw-dropping sale of:
33.11M USDT
8,488 ETH worth $22.43M
7,348 SOL worth $1.15M
33,000 AVAX worth $946K
1.5M FDUSD
All right before Jerome Powellโs much-anticipated speech and just as the U.S. stock market opened. ๐๐ฅ
๐ Market Sentiment: Bearish The sell-off has triggered a price correction across the market, with major coins like Bitcoin (BTC), Binance Coin (BNB), Solana (SOL), and Ethereum (ETH) all experiencing declines of 3.5%, 4.5%, 2%, and 2.3% respectively in just 24 hours.
๐ $200 Million Liquidated With the market bleeding, long positions worth $200 million have been liquidated, leaving bulls on the ropes:
Bitcoin: $42 million wiped out from long positions.
Ethereum: $25 million in long liquidations.
Could this whale's massive dump signal a bigger crash ahead? Stay sharp, trade smart, and watch those charts closely! ๐โจ