$BTC could be setting up for a reversal in this range imo | Cas Abbé on Binance Square

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$BTC  could be setting up for a reversal in this range imo

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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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USDT supply on exchanges has hit a new ATH of $46.9 billion There's so much liquidity sitting on exchanges, which is ready to send alts to the moon. But the one thing which is stopping this from happening is the US bond market. Bond yields are going up, which shows that the US economy is in a lot of trouble. Until this gets resolved, alts will just continue to go sideways.

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$2,000,000,000 USDT were minted few hours back. Massive liquidity injection is happening now, which means prices will follow soon. Last time, Tether minted $2B USDT in a day, BTC pumped above $105K and ETH above $2.7K Same happened with $BTC Today. 👀

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Binance just kicked off the BNSOL Super Stake campaign (May 16–July 16) — and yeah, I’m in. Because it gives free $LAYER tokens (APR boost) for doing something I already do: HOW TO JOIN BNSOL SUPER STAKE Option 1: Stake SOL via Binance ▸ Open Binance App ▸ Go To Earn → Solana Staking ▸ Choose Locked Staking for $SOL ▸ Get $BNSOL → Done Option 2: Binance Web3 Wallet ▸ Open your Binance Web3 Wallet ▸ Stake SOL directly into BNSOL ▸ Ensure that you hold or engage with BNSOL or sBNSOL tokens SOLAYER Solayer is a new L1 chain on Solana’s VM: 1- 1M+ TPS 2- 0.01s finality 3- 100 Gbps bandwidth This is probably the cleanest, lowest-effort way to farm some extra rewards with your $SOL. I’m already in — you should be too STAKE SOL NOW https://app.binance.com/en/solana-staking?_dp=L2Vhcm5zL3NvbExhbmRpbmc @Solayer

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A whale bought another 1.5K $BTC worth $160M on Binance. In the past few days, this whale has bought 4,930 BTC worth $524 million on Binance. He now holds 22,223 BTC worth $2.4B It seems like He Knew that $BTC was going to hit ATH. 👀

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