比特白
754 Posts
比特白
公众号：林小LO
推特：@linxiaoLO
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High-Frequency Trader
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The MSUSD algorithmic stablecoin has decoupled today, crashing down to $0.36, a drop of 64%.
Background: MSUSD is an algorithmic stablecoin issued by Mainstreet, pegged to $1. After the decoupling, the official response was "still fully backed by assets"—sounds familiar, right? UST said the same back in the day.
A few stats: The circulating supply of MSUSD is not publicly disclosed, but after the decoupling, the on-chain trading volume skyrocketed in the last 24 hours, showing clear panic selling. Mainstreet previously claimed to have over-collateralization; now we need to see if the liquidation price of their collateral can cover it. The core issue with algorithmic stablecoins is always the same: the peg relies on confidence, and once that confidence shatters, the algorithm can't hold.
For comparison: After the UST collapse, the algorithmic stablecoin sector nearly wiped out; MSUSD is one of the few that survived. If they mishandle this situation, it could wipe out the entire niche market again. I'm staying away in the short term, waiting for the official audit report to check the collateralization ratio.
#稳定币 #链上数据 #MSUSD
Background: MSUSD is an algorithmic stablecoin issued by Mainstreet, pegged to $1. After the decoupling, the official response was "still fully backed by assets"—sounds familiar, right? UST said the same back in the day.
A few stats: The circulating supply of MSUSD is not publicly disclosed, but after the decoupling, the on-chain trading volume skyrocketed in the last 24 hours, showing clear panic selling. Mainstreet previously claimed to have over-collateralization; now we need to see if the liquidation price of their collateral can cover it. The core issue with algorithmic stablecoins is always the same: the peg relies on confidence, and once that confidence shatters, the algorithm can't hold.
For comparison: After the UST collapse, the algorithmic stablecoin sector nearly wiped out; MSUSD is one of the few that survived. If they mishandle this situation, it could wipe out the entire niche market again. I'm staying away in the short term, waiting for the official audit report to check the collateralization ratio.
#稳定币 #链上数据 #MSUSD
PANews just dropped some on-chain data: short holders' funds have shrunk by 56%, and aNUPL has dipped to -0.14. This means that folks who bought BTC in the last three months are overall sitting on losses.
Binance's BTC/USDT 24-hour trading volume has seen a significant uptick today compared to yesterday; at this level, some are cashing out while others are stacking up.
The data tells me one thing: the market isn't in full-blown panic yet, but buying pressure is hesitant. Until a clear direction emerges, both bulls and bears are feeling the squeeze.
#链上数据 #BTC
Binance's BTC/USDT 24-hour trading volume has seen a significant uptick today compared to yesterday; at this level, some are cashing out while others are stacking up.
The data tells me one thing: the market isn't in full-blown panic yet, but buying pressure is hesitant. Until a clear direction emerges, both bulls and bears are feeling the squeeze.
#链上数据 #BTC
STRC has dropped from its issue price to 82, it's unpegged. Just this statement isn't enough—what's crucial comes next.
Strategy is holding 478,000 BTC, with a market cap exceeding a hundred million. STRC essentially adds leverage to the BTC holdings using preferred stocks. The drop in STRC means the market is pricing in one thing: Strategy might be forced to sell coins to pay off debts.
On-chain data: MSTR address has had zero transfers in the last 7 days, but STRD trading volume has skyrocketed by 310%. What's more interesting is that whale addresses have increased their holdings by 12,000 coins in the past 48 hours. Some are panicking, while others are scooping up the dip.
Don’t just look at the price, watch who’s buying and who’s selling. Data doesn’t lie.
#链上数据 #MSTR
Strategy is holding 478,000 BTC, with a market cap exceeding a hundred million. STRC essentially adds leverage to the BTC holdings using preferred stocks. The drop in STRC means the market is pricing in one thing: Strategy might be forced to sell coins to pay off debts.
On-chain data: MSTR address has had zero transfers in the last 7 days, but STRD trading volume has skyrocketed by 310%. What's more interesting is that whale addresses have increased their holdings by 12,000 coins in the past 48 hours. Some are panicking, while others are scooping up the dip.
Don’t just look at the price, watch who’s buying and who’s selling. Data doesn’t lie.
#链上数据 #MSTR
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🎙️ Saturday~~The market hits the 3-day line resistance of 80000~~~Is it the end of the rebound? Or a pullback?
End
01 h 48 m 02 s
541
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🎙️ Historical level of extreme panic, approaching the lowest point~~~indicating that the market is truly scared of being harvested~~real-time analysis~~
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02 h 56 m 26 s
428
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🎙️ April 10th, the big pancake of 73100 has arrived~~~ Take profit on long positions~ What to do next? Real trading analysis~~
End
02 h 21 m 30 s
451
1
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🎙️ Chuanzi has stopped firing again for 2 weeks~~~~凸了~~~Did a lot~~~Where is the empty space?
End
03 h 39 m 02 s
611
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Started～The live broadcast has started
野原小新
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[Replay] 🎙️ Tonight Trump is going to speak again~~~ Is the decline due to risk aversion or the end of the rebound?
01 h 54 m 06 s · 295 listens
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🎙️ Tonight Trump is going to speak again~~~ Is the decline due to risk aversion or the end of the rebound?
End
01 h 54 m 06 s
276
3
It has begun, it has begun
野原小新
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[Replay] 🎙️ April 7th, 70500 did not rise~~ pulled back to 68250~~~ real market analysis~~~ technical communication~~~
03 h 06 m 13 s · 654 listens
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🎙️ April 7th, 70500 didn't push up~~ pulled back to 68250~~~ real market analysis~~~ technical communication~~~
End
03 h 06 m 13 s
624
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🎙️ Does the ceasefire between the US and Iran lead to a bullish market?~~Can it last? Is it a high or low buy?
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02 h 20 m 17 s
336
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🎙️ Gold 4700 short BTC 92000 short 66300 took a small long position~~
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01 h 14 m 47 s
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BTCUSDT
Perp
Position
+25.47
1
#BTC行情
BTC 92000's short position... inexplicably stopped out
It ruined my plan~ So I also exited my long position at 65000
663 took a small position~ depending on the situation~ there is still a possibility to go to 63000 near 26868, this is still a point to consider going long
Currently holding a short position in gold of 4700~
The original plan was to add to the second position at 4800 but... didn't get to add
Considering reducing position at the first support of 4600~ if it goes up, I will short again
BTC 92000's short position... inexplicably stopped out
It ruined my plan~ So I also exited my long position at 65000
663 took a small position~ depending on the situation~ there is still a possibility to go to 63000 near 26868, this is still a point to consider going long
Currently holding a short position in gold of 4700~
The original plan was to add to the second position at 4800 but... didn't get to add
Considering reducing position at the first support of 4600~ if it goes up, I will short again
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