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kencindo
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$1,000,000,000 USDT JUST MINTED ON
ETHEREUM
Money coming in the market 🔥
#eth
#money
#market
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kencindo
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Market Might Be Cooling Down Soon - Funding rates are running high - Too many traders are using leverage - Many coins have already pumped back to their yearly highs These signs suggest the market is overheated. A reset could be coming soon - expect a pullback or correction to shake out the excess leverage and rebalance things.
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Keeping an eye on the #crypto market; there might be a small dip before it goes up again. # cryptomarket
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*#BTC Dominance (BTC.D) Weekly Chart analysis:* • Current Level: 61.66% (showing a strong red candle) • Trend: Long-term rising channel since late 2022 • Breakdown: BTC dominance is rejecting from the upper channel resistance • Scenario: • Short-term: Possible bounce from mid-channel (around 60%) • Bearish Outlook: If mid-line breaks, dominance may fall to 48% zone (highlighted in red) • Implication: A drop in BTC dominance typically signals altcoin outperformance (altseason potential) 📉 Watch for confirmation below the channel for a strong altcoin trend shift.$BTC
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80,000 #BITCOIN WHALE JUST SOLD ALL HIS BTC WORTH $9.6 BILLION AFTER BUYING IT FOR $54,000, 14 YEARS AGO. #btc $BTC
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BlackRock saw a record inflow of ETH yesterday — totaling $510 million (148,585 ETH). Their total ETH holdings now stand at 2.3 million ETH (≈$7.9 billion). I’ll be keeping a closer eye on the Ethereum ecosystem, especially on projects that haven’t popped yet. 🚀 #eth #blackrock
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