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Muhammad Shawaiz Amjad
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🐳 A 40x
Bitcoin
whale has just opened a massive
ETH
long position worth $59.9 million at an entry price of $2,666.
Looks like an
$ETH
pump
could be on the horizon!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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ETH
2,574.46
-2.89%
BTC
109,343.61
-1.77%
898
0
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Muhammad Shawaiz Amjad
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$BTC $TRUMP Why Is Bitcoin Dumping? Here's Why: 1) Overleveraging in the Market After Bitcoin broke above its all-time high, open interest surged to levels not seen since December 2024. At the same time, funding rates spiked into overheated territory—signaling excessive bullish sentiment. Historically, such conditions prompt whales to crash the market and liquidate overleveraged long positions. 2) Trump’s Tariff Threats Donald Trump announced plans to impose a 25% tariff on Apple and a 50% tariff on EU products starting June 1st. This rattled global markets, causing stock futures to drop—and Bitcoin followed suit. 3) Hawkish Fed Comments A Federal Reserve official suggested that interest rates could be raised if the U.S. faces a fiscal stability crisis. While an actual hike is unlikely, even the possibility was enough to trigger market anxiety. In short: Overconfidence, geopolitical risk, and hawkish signals have combined to spark the latest BTC dump.
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$35 Billion DOGE Going Multichain with Wormhole NTT, Starting with Solana
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Bitcoin just recorded its highest daily close in history! $BTC
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🇺🇸 BlackRock just acquired 8,000 more Bitcoin worth $877.2M — marking the biggest inflow of the month! $BTC
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$ETH is gearing up for a surge to $3,000!
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