🔥 @BinanceWallet daily trading volume surpassed $7B yesterd | Cas Abbé on Binance Square

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🔥 @BinanceWallet daily trading volume surpassed $7B yesterday.
Just 2 weeks ago, it was doing $200M daily trading volume.
This is a 35x growth in just 2 weeks.
@cz_binance and @BNBChain comeback should be studied.

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40x Bitcoin whale is opening alts positions. In the past 24 hours, he reduced his $1.1B BTC long by $300 million. After that, he has opened $ETH and $SUI long position with 25x and 10x leverage. His ETH long position is worth $60 million, while SUI long position is worth $18 million. It seems like he's now expecting major rally in altcoins.

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CETUS Protocol hack has been confirmed 🚨 Nearly $220M in funds were hacked and so far $160M has been frozen. The team is working with SUI Foundation, Binance etc. to recover the remaining $60M from the hackers. Due to this hack, $CETUS is down over 15%. Despite Crypto being a $3.5T+ industry, we still needs to work a lot on security and decentralization.

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$SOL bouncing off the trendline ✅ target remain the same $200 and higher

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$ETH to $3,000 will happen sooner than expected. First of all, BTC is above the previous ATH, which means the alts rally is next. On top of that, there's one major CME Gap at $3K which will definitely fill. If ETH manages to break and hold above $3K, there's one CME Gap at $4K also. ETH rally is coming 🚀

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Abraxas Capital is shorting $BTC, $ETH and $SOL 🚨 Isn't Abraxas Capital is also accumulating $ETH, then why are they shorting? It's called hedging, which is often done to minimize the risk. As of now, Abraxas Capital short positions are in loss of >$20M, but their spot positions are in >$80M profit. On top of that, they have also made >$1.5M from funding fees, so overall, they are still in huge profit.

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