A certain whale sold $3.1 million ZKJ and $550,000 KOGE BLOCKBEATS
According to BlockBeats, on June 14, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that a certain whale address withdrew 1.29 million ZKJ and 8,667 KOGE in bilateral liquidity from OKX at 21:49, and then proceeded to sell.
At 21:21 and 22:05, it cumulatively sold ZKJ worth $3.1 million, and at 21:20, it sold $550,000 KOGE. #Alpha #zkj #koge
Just now, the zjk and koge in area alpha all appeared with a death line, and almost simultaneously plummeted. The airdrops and new listings after Binance alpha not only have reduced profits, but now even the risk of wash trading exists. #Alpha
Insights from an Experienced User in the Crypto Space
In my years of navigating the crypto space, I've seen too many people dive into the contract market with dreams of getting rich, only to leave in disappointment. As someone who has climbed out of losses, I want to share practical insights from these years without fancy theories, just lessons learned from real money.
1. Trend Judgment: Use technical analysis as a foundation, with news as assistance
When I first entered the industry, I was particularly superstitious about the 'big player theory', always believing that the market was manipulated by large funds. Later, I found that the traders who can sustain profits are the ones who thoroughly understand technical analysis. Now, I mainly focus on three indicators: EMA moving averages, MACD, and trading volume. For example, when Bitcoin breaks above previous highs, if the trading volume increases simultaneously, this often signals the start of a trend. Last year, when expectations of Federal Reserve rate cuts rose, I opened a 20x long position when ETH broke $2800, setting a 3% trailing stop for every 5% increase, ultimately earning over three times my investment.
Should the consumption of tge activities in alpha be adjusted?
Binance's alpha activity has been out for a long time now, and the reward point consumption is divided into two modules: 'airdrop' and 'tge'. After my analysis of multiple participations, the situation is as follows ↓ ● Both airdrop and tge require reaching the corresponding threshold first, and consuming 15 points to participate. ①However, the returns from tge require 3 bnb to reach a relatively substantial amount. ②At the same time, tge requires a consumption of the subscription amount, generally around 10u. In summary, among the two activities of tge and airdrop, it seems that airdrop is more cost-effective. Should the Binance platform make the necessary adjustments?