Crash
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THIS IS NOT A SHITCOIN
This Is a Chart Of U.S. Regulated Bank
But they say Crypto Is Risky and volatile…
#TrendingTopic #Launchpool #BTC #Crash
This Is a Chart Of U.S. Regulated Bank
But they say Crypto Is Risky and volatile…
#TrendingTopic #Launchpool #BTC #Crash
🚨🚨 BTC To drop to 24k 😱😱
A reputated Crypto page on twitter whalechart has pisted The possiblity of crypto exchange MEXC being not solvent For those who don’t know MEXC is a crypto exchange
How this news can effect ?
if the news come out to be true then It’s a bearish sign for Crypto market as mexc had lots of funds stored in it
even if the news aint true the FUD can still destroy the momentum Of the market and we can see a bearish movement very very soon.
Those having funds in MEXC are advised to move there money to Safe exchanges like binance etc.
Becaureful of the fud and let’s hope the news doesn’t turns out to be true
#fuds. #Crash
A reputated Crypto page on twitter whalechart has pisted The possiblity of crypto exchange MEXC being not solvent For those who don’t know MEXC is a crypto exchange
How this news can effect ?
if the news come out to be true then It’s a bearish sign for Crypto market as mexc had lots of funds stored in it
even if the news aint true the FUD can still destroy the momentum Of the market and we can see a bearish movement very very soon.
Those having funds in MEXC are advised to move there money to Safe exchanges like binance etc.
Becaureful of the fud and let’s hope the news doesn’t turns out to be true
#fuds. #Crash
🔔 Dear #crypto believers, a story to share:
Days like these will decide if you will make it or not. Its max pain and you might consider selling it all and leave forever. I want to tell you this: NEVER give up, no matter the circumstances!
During the last bearmarket i almost had nothing left. Was at a point of no return but i managed to continue believe in the reasons im here. 1 year later, I became financially free! Giving up will never get you there. Keep faith, continue to work hard and contribute.
I do understand its really hard, we all get hit big time but you have to stay strong. Im also feeling the pain but I also know, out of experience, things can and will change fast enough. Dont throw it all away.
Stay safe and strong 😘
#BTC #crypto2023 #Crash
Days like these will decide if you will make it or not. Its max pain and you might consider selling it all and leave forever. I want to tell you this: NEVER give up, no matter the circumstances!
During the last bearmarket i almost had nothing left. Was at a point of no return but i managed to continue believe in the reasons im here. 1 year later, I became financially free! Giving up will never get you there. Keep faith, continue to work hard and contribute.
I do understand its really hard, we all get hit big time but you have to stay strong. Im also feeling the pain but I also know, out of experience, things can and will change fast enough. Dont throw it all away.
Stay safe and strong 😘
#BTC #crypto2023 #Crash
Crypto Market #Crash 🔻 Reasons for Recent Bitcoin and Altcoin Plunge 📊
The #crypto market crashed, global market cap dropped 5% to $1.05T in 24 hrs. Major liquidations occurred due to #SEC lawsuits against Coinbase and #Binance .
Binance.US halted USD support, #Robinhood delisted SOL, ADA, and MATIC. Longs worth $300M and shorts $25M were liquidated. Grayscale withdrew Filecoin Trust's registration.
Market makers pulled altcoin liquidity, causing a sell-off. Trillions of SHIB tokens were moved to Binance, triggering SHIB and BONE price drop.
Scimitar Capital liquidated $2B crypto holdings.
Understand the crash, causes, and implications.
$SOL $BTC $MATIC
The #crypto market crashed, global market cap dropped 5% to $1.05T in 24 hrs. Major liquidations occurred due to #SEC lawsuits against Coinbase and #Binance .
Binance.US halted USD support, #Robinhood delisted SOL, ADA, and MATIC. Longs worth $300M and shorts $25M were liquidated. Grayscale withdrew Filecoin Trust's registration.
Market makers pulled altcoin liquidity, causing a sell-off. Trillions of SHIB tokens were moved to Binance, triggering SHIB and BONE price drop.
Scimitar Capital liquidated $2B crypto holdings.
Understand the crash, causes, and implications.
$SOL $BTC $MATIC
#CryptoMarket Daily Growth Bubbles-
Since the crash of the market last night at this time, there is not much movement in the market today but,
the whole market is still in a very tough & panic mode on such a dangerous situation that it will never again get bigger Uptrend soon.
There is a very big chance of another crash and #Bitcoin market is expected to go from $24.5k to $21.5k soon by the end of June, since $25k support is broken!
Always #DYOR before investing in Crypto Currency at this stage of Volatility & Trader's take #StopLoss always.
#BinanceTournament
Since the crash of the market last night at this time, there is not much movement in the market today but,
the whole market is still in a very tough & panic mode on such a dangerous situation that it will never again get bigger Uptrend soon.
There is a very big chance of another crash and #Bitcoin market is expected to go from $24.5k to $21.5k soon by the end of June, since $25k support is broken!
Always #DYOR before investing in Crypto Currency at this stage of Volatility & Trader's take #StopLoss always.
#BinanceTournament
THIS IS NOT A SHITCOIN
This Is a Chart Of U.S. Regulated Bank
But they say Crypto Is Risky and volatile…
#TrendingTopic #Launchpool #BTC #Crash
This Is a Chart Of U.S. Regulated Bank
But they say Crypto Is Risky and volatile…
#TrendingTopic #Launchpool #BTC #Crash
🚨How i Lost almost 5000$ in luna crash🚨
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash.
But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited Thinking that atleast i Recovered some loss buttt
after few hours ( i think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine ( It would have covered the loses and given me profit too ) 😢
share ur stories too ( abt luna 😱)
#luna #Crash
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash.
But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited Thinking that atleast i Recovered some loss buttt
after few hours ( i think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine ( It would have covered the loses and given me profit too ) 😢
share ur stories too ( abt luna 😱)
#luna #Crash
🚨How i Lost almost 5000$ in luna crash🚨
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash. But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited
Thinking that atleast i Recovered some loss buttt after few hours ( i think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine ( It would have covered the loses and given me profit too ) 😢
share ur stories too ( abt luna 😱)
#luna #Crash
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash. But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited
Thinking that atleast i Recovered some loss buttt after few hours ( i think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine ( It would have covered the loses and given me profit too ) 😢
share ur stories too ( abt luna 😱)
#luna #Crash
🤔Why Bitcoin crashed after $70k ?
Whales know everyone is bullish and
they are gonna send BTC to $100k
but they don’t want people to long
And ride with them so everytime Btc
breaks important levels, everyone
gets bullish and starts longing and
Whales always do this quick dump
to liquidate all the late longs.
I have seen this behavior since 2016
and this have always been the part of
game. Best approach is to avoid all
the futures trading and just hold your
spot bags and ride them.
Remember trading is a game where
we are competing with each other so
someone’s profit is someone’s loss.
Think like a whale and ride with them.
All these dumps makes me make even
more bullish coz I the past we have
seen after these dumps we always
see a massive pump.
Bitcoin is going to $100k. Its is 100%
programmed. Don’t get toasted in the
way with leverage. Spot and chill.
Hit like if I should post more these
kind of simple analysis / ideas.
#TrendingTopic #EOS #Bitcoin 💡 $BTC #Crash #70k
Whales know everyone is bullish and
they are gonna send BTC to $100k
but they don’t want people to long
And ride with them so everytime Btc
breaks important levels, everyone
gets bullish and starts longing and
Whales always do this quick dump
to liquidate all the late longs.
I have seen this behavior since 2016
and this have always been the part of
game. Best approach is to avoid all
the futures trading and just hold your
spot bags and ride them.
Remember trading is a game where
we are competing with each other so
someone’s profit is someone’s loss.
Think like a whale and ride with them.
All these dumps makes me make even
more bullish coz I the past we have
seen after these dumps we always
see a massive pump.
Bitcoin is going to $100k. Its is 100%
programmed. Don’t get toasted in the
way with leverage. Spot and chill.
Hit like if I should post more these
kind of simple analysis / ideas.
#TrendingTopic #EOS #Bitcoin 💡 $BTC #Crash #70k
😱🚨How i Lost almost 5000$ in luna crash🚨😱
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash. But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited
Thinking that atleast i Recovered some loss buttt after few hours (I think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine (It would have covered the loses and given me profit too ) 😢
share ur stories too
#luna #Crash
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash. But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited
Thinking that atleast i Recovered some loss buttt after few hours (I think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine (It would have covered the loses and given me profit too ) 😢
share ur stories too
#luna #Crash
😱🚨How i Lost almost 5000$ in luna crash🚨😱
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash. But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited
Thinking that atleast i Recovered some loss buttt after few hours (I think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine (It would have covered the loses and given me profit too ) 😢
share ur stories too
#luna #Crash
So in one of my previous posts i told u guys how i lost 90% savings of my funds in The luna crash. But there is an incident that nobody knows abt
So on the day of crash i invested A@8$ per luna (lunc now ) And by the next day i knew that my money is gone but out of you can see desparation or we can call it gambling move
I invested 250$ More in spot (the next day when price was in some cents ) and that 250$ quickly turned to 400$ And i exited
Thinking that atleast i Recovered some loss buttt after few hours (I think the moring of next day in india ) The price was up like 1500% I regretted it very much because I technically lost 5000$ that could’ve been mine (It would have covered the loses and given me profit too ) 😢
share ur stories too
#luna #Crash
How An ‘Inconsequential’ Mistake Saw Bitcoin Crash To $8,000
REXBOX
Bitcoin is known to be a very volatile digital asset as its price is often wont to rise and fall unexpectedly, and sometimes without a clear reason. One of these instances of the digital asset flash-crashing was back in 2021 when the price of Bitcoin had fallen 87% on some exchanges in a matter of minutes. However, the mystery behind this flash crash has been unveiled two years after it first occurred.
Former Alameda Research Engineer Spills Secret
Alameda Research is the sister company of the now-defunct FTX crypto exchange run by Caroline Ellison who served as CEO until it collapsed. Following the bankruptcy, employees at the trading firm have, at various times, come forward to tell stories of what took place at the company. This time around, an ex-engineer Aditya Baradwaj is telling the story of how a simple mistake caused the company to lose tens of millions of dollars.
Baradwaj took to his X (formerly Twitter) account to reveal how an Alameda employee had unwittingly triggered a Bitcoin flash crash in 2021. According to him, the error was a result of two trading systems operated at the company.
The ex-engineer explained that Alameda had semi-systemic strategies in which a complex automated trading system was controlled by model parameters set by traders. The second was manual trading which would be done when the former could not execute a trade due to a number of reasons.
In the case of the trader who triggered the flash crash, they had to manually enter a trade to sell a large tranche of BTC using Alameda’s manual trading system. However, the trader had failed to realize that the decimal point in the trade was off by a couple of spaces, which meant that they were selling the BTC at much lower prices than the current price.
The result of this simple error was Alameda selling off a sizable portion of BTC at pennies on the dollar which resulted in a flash crash on multiple exchanges. The crash was most prominent on the FTX and Binance exchanges, where prices fell from $65,000 to $8,000 in a matter of minutes.
Covering Up The Bitcoin Crash
The aftermath of the flash crash, according to the ex-engineer, involved Alameda rushing to put in place sanity checks that should have been available before any manual trades were executed. He notes that this was not out of the ordinary as they were always waiting for things to break before fixing them at the company.
“That’s usually how things worked at Alameda – we would wait until something broke, and then rush to fix it,” he said. Baradwaj also referred to FTX founder Sam Bankman-Fried saying that the utility gained after the events outweighed the costs incurred from poor risk checks and hacks.
He also pointed to Binance commenting on the flash crash with a statement that blamed a bug in the trading algorithm of one of their institutional traders. “I guess Caroline had made some phone calls,” Baradwaj said, referring to Alameda’s CEO.
#Inconsequential #Mistake #bitcoin #Crash
Bitcoin is known to be a very volatile digital asset as its price is often wont to rise and fall unexpectedly, and sometimes without a clear reason. One of these instances of the digital asset flash-crashing was back in 2021 when the price of Bitcoin had fallen 87% on some exchanges in a matter of minutes. However, the mystery behind this flash crash has been unveiled two years after it first occurred.
Former Alameda Research Engineer Spills Secret
Alameda Research is the sister company of the now-defunct FTX crypto exchange run by Caroline Ellison who served as CEO until it collapsed. Following the bankruptcy, employees at the trading firm have, at various times, come forward to tell stories of what took place at the company. This time around, an ex-engineer Aditya Baradwaj is telling the story of how a simple mistake caused the company to lose tens of millions of dollars.
Baradwaj took to his X (formerly Twitter) account to reveal how an Alameda employee had unwittingly triggered a Bitcoin flash crash in 2021. According to him, the error was a result of two trading systems operated at the company.
The ex-engineer explained that Alameda had semi-systemic strategies in which a complex automated trading system was controlled by model parameters set by traders. The second was manual trading which would be done when the former could not execute a trade due to a number of reasons.
In the case of the trader who triggered the flash crash, they had to manually enter a trade to sell a large tranche of BTC using Alameda’s manual trading system. However, the trader had failed to realize that the decimal point in the trade was off by a couple of spaces, which meant that they were selling the BTC at much lower prices than the current price.
The result of this simple error was Alameda selling off a sizable portion of BTC at pennies on the dollar which resulted in a flash crash on multiple exchanges. The crash was most prominent on the FTX and Binance exchanges, where prices fell from $65,000 to $8,000 in a matter of minutes.
Covering Up The Bitcoin Crash
The aftermath of the flash crash, according to the ex-engineer, involved Alameda rushing to put in place sanity checks that should have been available before any manual trades were executed. He notes that this was not out of the ordinary as they were always waiting for things to break before fixing them at the company.
“That’s usually how things worked at Alameda – we would wait until something broke, and then rush to fix it,” he said. Baradwaj also referred to FTX founder Sam Bankman-Fried saying that the utility gained after the events outweighed the costs incurred from poor risk checks and hacks.
He also pointed to Binance commenting on the flash crash with a statement that blamed a bug in the trading algorithm of one of their institutional traders. “I guess Caroline had made some phone calls,” Baradwaj said, referring to Alameda’s CEO.
#Inconsequential #Mistake #bitcoin #Crash
