🇺🇸 US MARSHALS: BITCOIN RICH, LEDGER POOR The US Marshals | Nazakat-f0469 on Binance Square

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🇺🇸 US MARSHALS: BITCOIN RICH, LEDGER POOR
The US Marshals are sitting on at least $1.6 billion in $BTC from criminal forfeitures, according to FOIA documents obtained by journalist @L0laL33tz. 
They're valuing it at $56K per coin while bitcoin trades at $119K... 🧵 $ETH $SOL 

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BTC

118,162.08

-1.76%

SOL

176.5

-3.76%

ETH

3,571.53

-2.22%

323

0

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Is $BTC About to Pull the Rug on Altcoins and the Entire Market? Well, after reviewing a few charts today, the picture remains a bit unclear. But considering the large amount of open Longs in the market, there's a real chance we might see a significant drop in the coming hours. Here’s why: 1. Correlation Heatmap shows that Altcoins are decoupled from BTC — and as I’ve said before, this is usually a warning sign that high volatility is coming. 2. Altcoin Season Index is rising. That’s usually great for altcoins, but BTC doesn’t tend to like it and often pulls the rug. Not saying it’s the end — I don’t think it is. 3. Alpha Quant Signal just flashed a sell — something we expected due to the bearish divergence and sell pressure from some whales. I don't believe this is the final leg down, but it's likely a sign that the market is about to form a new price base. So be cautious with the traps that might show up along the way.$BTC $ETH

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🚀 $ETH gets a boost to over $3.4k as open interest peaks Ethereum (ETH) is finally having its breakout day, as BTC dominance stalled. ETH recovered the $3,300 level, setting expectations for an even more significant run. Ethereum (ETH) broke out to $3,359.11, reaching a three-month peak and recovering some of its losses from the slump in March and April. ETH is closely watched for its ability to break out even higher after months of weakness against BTC. ETH also gained to 0.029 BTC, as the leading coin is consolidating at $118,000. The recent ETH recovery also sparked hopes for a full altcoin market, or at least a spillover to the Ethereum ecosystem. The recent ETH breakout after months of relative weakness sets expectations that the token may repeat historical bull rallies, stopping at a much higher range. 🔸 Ethereum open interest rises to three-year peak The recent ETH rally is driven by derivative trading. Open interest on crypto exchanges expanded to a three-year peak above $22B. For ETH, the breakout in open interest suggests the asset is finally seen as more lively, after months of low trading activity and open interest under $10B. The current open interest holds around 65% in long positions, as traders are cautious about drawdowns. ETH has now broken way above the liquidation levels on DeFi protocols. The first significant liquidation thresholds start as low as $1,600, making most lending protocols highly secure. The recent spike in open interest may also increase liquidations for ETH traders. Long positions may be at a higher risk, as there are almost no short positions left to attack. Based on the recent accrued liquidity, ETH may take a dip to $3,200 to liquidate over $59M in long positions. During the rally above $3,000, ETH mostly erased short positions. For the past 24 hours, ETH became the liquidation leader, with $196.74M liquidated. Binance was the leader, with over $149M of the liquidations concentrated on its markets. In comparison, BTC only saw around $45M in daily liquidations. #ETH #Ethereum $BTC $SOL

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کیا واقعی 🧐 سی زی بائنانس کہتے ہیں کہ اس وقت جس عدد کو آپ بٹ کوائن کا آل ٹائم ہائی سمجھ کر خوش ہو رہے ہیں آنے والے سالوں میں یہ بٹ کوائن کی قیمت کا کچھ حصہ ہو گا،$BTC $ETH $SOL

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Dubai is set to introduce a unique dining experience with the launch of WOOHOO, the world’s first restaurant run by an AI-powered chef. FOR MORE INFO CHECK FIRST COMMENT #AIchef $BTC $ETH $SOL #WOOHOODubai #FutureOfDining #ChefAiman #DubaiEats

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