Eniss12
Open Trade
XRP Holder
Frequent Trader
4.1 Years
88 Following
7 Followers
4 Liked
0 Shared
Posts
Bitcoin(BTC) Surpasses 105,000 USDT with a 0.35% Increase in 24 Hours
On Jun 01, 2025, 16:08 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 105,000 USDT benchmark and is now trading at 105,008.078125 USDT, with a narrowed 0.35% increase in 24 hours.$BTC
On Jun 01, 2025, 16:08 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 105,000 USDT benchmark and is now trading at 105,008.078125 USDT, with a narrowed 0.35% increase in 24 hours.$BTC
ETH Price Drops Below $2,500 Amid Whale Selling Fears – But Quickly Recovers
Ethereum $ETH saw a sudden price drop below $2,500 due to heavy selling, sparking fears that big investors (whales) might be exiting. However, the price quickly bounced back above this key level.
Key Points:
$ETH faced sharp price swings, falling from $2,551 to $2,499 before stabilizing near $2,506.
A large sell-off in the last hour pushed ETH below the $2,515-$2,520 support zone, raising concerns about big players selling.
The price is now holding just above $2,500, a critical level that could decide ETH’s next move.
Why Did ETH Drop?
Whale Activity: On-chain data showed 385,000 ETH moved to Binance, suggesting possible large sell orders.
Market Sentiment: Global economic concerns and U.S. trade tensions may have triggered risk-off trading, affecting crypto markets.
Technical Analysis:
ETH traded in a tight range between $2,551 and $2,499 before recovering.
A sudden sell-off caused a rapid drop, but buyers stepped in near $2,500.
The $2,500 level is now acting as short-term support—if it holds, ETH
ETH could stabilize. If not, more downside is possible.
What’s Next?
Traders are watching to see if ETH stays above $2,500. If buying pressure returns, the price could recover further. However, if selling continues, another drop may happen.$ETH
Ethereum $ETH saw a sudden price drop below $2,500 due to heavy selling, sparking fears that big investors (whales) might be exiting. However, the price quickly bounced back above this key level.
Key Points:
$ETH faced sharp price swings, falling from $2,551 to $2,499 before stabilizing near $2,506.
A large sell-off in the last hour pushed ETH below the $2,515-$2,520 support zone, raising concerns about big players selling.
The price is now holding just above $2,500, a critical level that could decide ETH’s next move.
Why Did ETH Drop?
Whale Activity: On-chain data showed 385,000 ETH moved to Binance, suggesting possible large sell orders.
Market Sentiment: Global economic concerns and U.S. trade tensions may have triggered risk-off trading, affecting crypto markets.
Technical Analysis:
ETH traded in a tight range between $2,551 and $2,499 before recovering.
A sudden sell-off caused a rapid drop, but buyers stepped in near $2,500.
The $2,500 level is now acting as short-term support—if it holds, ETH
ETH could stabilize. If not, more downside is possible.
What’s Next?
Traders are watching to see if ETH stays above $2,500. If buying pressure returns, the price could recover further. However, if selling continues, another drop may happen.$ETH
Satoshi Nakamoto, Bitcoin's anonymous creator, is believed to own roughly 1.1 million BTC, worth about $120 billion, ranking him as the world's 11th wealthiest individual.
His fortune, amassed through early Bitcoin mining, remains unverified due to his unknown identity and uncertainty about whether these coins have been accessed.
This valuation reflects Bitcoin's dramatic growth and Nakamoto's lasting financial impact despite his anonymity.$BTC
His fortune, amassed through early Bitcoin mining, remains unverified due to his unknown identity and uncertainty about whether these coins have been accessed.
This valuation reflects Bitcoin's dramatic growth and Nakamoto's lasting financial impact despite his anonymity.$BTC
🚨 Crypto Whale Liquidated for $118M 🚨
James Wynn, the high-stakes trader who turned a $390M Bitcoin bet into a $1.25B position using 40x leverage, just got wrecked for over $118M as BTC dipped below $105K.
Wynn was liquidated across four major positions and still holds a high-risk open trade with unrealized losses. Once sitting on $39M in profits, his mega-bet unraveled fast as markets turned.
He now says it’s better to buy and hold BTC in cold storage—calling out “corruption” in the market and warning others against leverage trading.
Is this the end of degen trading for crypto whales?
#Bitcoin #CryptoNews #BTC #LeverageTrading #JamesWynn #CryptoCrash $BTC
James Wynn, the high-stakes trader who turned a $390M Bitcoin bet into a $1.25B position using 40x leverage, just got wrecked for over $118M as BTC dipped below $105K.
Wynn was liquidated across four major positions and still holds a high-risk open trade with unrealized losses. Once sitting on $39M in profits, his mega-bet unraveled fast as markets turned.
He now says it’s better to buy and hold BTC in cold storage—calling out “corruption” in the market and warning others against leverage trading.
Is this the end of degen trading for crypto whales?
#Bitcoin #CryptoNews #BTC #LeverageTrading #JamesWynn #CryptoCrash $BTC
How Psychology Drives Market Cycles
Uptrend
Optimism is widespread during a bull market. Rising prices generate excitement, and neurobiology tells us that this triggers the brain's reward system, releasing the neurotransmitter dopamine.
Emotional phenomena like FOMO (fear of missing out) tend to amplify this trend. FOMO stems from the brain’s social reward pathways, as we’re physically wired to seek inclusion and avoid missing opportunities. Social media platforms like X and Reddit can exacerbate FOMO by showcasing stories of massive gains, encouraging others to buy assets without fully understanding the risks.
Dogecoin, Shiba Inu, and most recently, the TRUMP and MELANIA meme coins serve as prime examples. The value of meme coins, in most cases, is driven by speculative hype and viral trends rather than intrinsic value. Traders are often swept up in the euphoria, ignoring warning signs like overvaluation or unsustainable growth.
Several neurobiological processes coincide to create this unchecked optimism, which can lead to financial bubbles, where prices far exceed an asset’s true value. When the bubble bursts, the market enters a downtrend, often triggering a cascade of negative emotions.$BTC $ETH $XRP #MarketPullback
Uptrend
Optimism is widespread during a bull market. Rising prices generate excitement, and neurobiology tells us that this triggers the brain's reward system, releasing the neurotransmitter dopamine.
Emotional phenomena like FOMO (fear of missing out) tend to amplify this trend. FOMO stems from the brain’s social reward pathways, as we’re physically wired to seek inclusion and avoid missing opportunities. Social media platforms like X and Reddit can exacerbate FOMO by showcasing stories of massive gains, encouraging others to buy assets without fully understanding the risks.
Dogecoin, Shiba Inu, and most recently, the TRUMP and MELANIA meme coins serve as prime examples. The value of meme coins, in most cases, is driven by speculative hype and viral trends rather than intrinsic value. Traders are often swept up in the euphoria, ignoring warning signs like overvaluation or unsustainable growth.
Several neurobiological processes coincide to create this unchecked optimism, which can lead to financial bubbles, where prices far exceed an asset’s true value. When the bubble bursts, the market enters a downtrend, often triggering a cascade of negative emotions.$BTC $ETH $XRP #MarketPullback
#FTXRefunds
FTX has begun repaying creditors in a phased approach, with the first wave of refunds targeting customers with claims under $50,000. The initial repayments began in February 2025 and are being distributed in fiat currency. The total amount being repaid to customers is estimated to be between $14.7 billion and $16.5 billion, which is approximately 118% of the value investors had in their accounts at the time of FTX's bankruptcy.
FTX has begun repaying creditors in a phased approach, with the first wave of refunds targeting customers with claims under $50,000. The initial repayments began in February 2025 and are being distributed in fiat currency. The total amount being repaid to customers is estimated to be between $14.7 billion and $16.5 billion, which is approximately 118% of the value investors had in their accounts at the time of FTX's bankruptcy.
For the second topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CEXvsDEX101 .
Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading.
💬 Your post can include:
· In your experience, what are the pros and cons of CEXs vs DEXs?
· Which do you prefer and in what situations?
· What do you consider when choosing between a CEX and DEX?
· What advice would you give to someone using a DEX for the first time?
👉 Create a post with #CEXvsDEX101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
🔗 Full campaign details here.
Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading.
💬 Your post can include:
· In your experience, what are the pros and cons of CEXs vs DEXs?
· Which do you prefer and in what situations?
· What do you consider when choosing between a CEX and DEX?
· What advice would you give to someone using a DEX for the first time?
👉 Create a post with #CEXvsDEX101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
🔗 Full campaign details here.
#TrumpMediaBitcoinTreasury
Bitcoin Advocated as Ideal Asset by Strategy Chairman at 2025 Conference
AI Summary
According to Odaily, Strategy Chairman Michael Saylor spoke at the Bitcoin 2025 Conference, advocating for Bitcoin as the "perfect capital" suitable for everyone, including business owners, families, and even competitors. He encouraged acquiring Bitcoin through various means and highlighted that Strategy currently holds Bitcoin valued at over $60 billion. Saylor emphasized Bitcoin's transparency and censorship resistance, making it more appealing in the current global monetary system. He described it as a superior asset form that anyone can freely hold, transfer, and store without depreciation due to government or banking actions.$BTC
Bitcoin Advocated as Ideal Asset by Strategy Chairman at 2025 Conference
AI Summary
According to Odaily, Strategy Chairman Michael Saylor spoke at the Bitcoin 2025 Conference, advocating for Bitcoin as the "perfect capital" suitable for everyone, including business owners, families, and even competitors. He encouraged acquiring Bitcoin through various means and highlighted that Strategy currently holds Bitcoin valued at over $60 billion. Saylor emphasized Bitcoin's transparency and censorship resistance, making it more appealing in the current global monetary system. He described it as a superior asset form that anyone can freely hold, transfer, and store without depreciation due to government or banking actions.$BTC
The Day Bitcoin Almost Died: The 184 Billion BTC Bug That Nearly Erased Everything By Binance Editor
On August 15, 2010, Bitcoin faced a critical vulnerability that nearly led to its collapse. A single transaction in block 74,638 exploited an integer overflow bug, creating 184,467,440,737 BTC—over 8,800 times the total supply cap of 21 million. This flaw allowed two addresses to receive approximately 92.2 billion BTC each, threatening the very foundation of Bitcoin's scarcity model.Medium+4Binance+4Investing.com+4Wikipedia+4GitHub+4Medium+4
The issue, identified as CVE-2010-5139, was due to a flaw in the code that failed to properly check large transaction outputs, allowing the creation of vast amounts of Bitcoin from thin air . Within hours of the exploit, Bitcoin's pseudonymous creator, Satoshi Nakamoto, along with early developer Gavin Andresen, released version 0.3.10 of the Bitcoin client. This update included a soft fork that rejected transactions with output value overflows, effectively nullifying the fraudulent coins and reverting the blockchain to a state before the exploit .Wikipedia+1CoinDesk+1U.Today+4CoinCodex+4Medium+4GitHub+3Medium+3Investing.com+3
The swift response and rollback were crucial in preserving Bitcoin's integrity. Had the exploit gone unaddressed, the value of Bitcoin could have plummeted to zero, as the market would no longer trust its fixed supply. Instead, the incident demonstrated the community's ability to swiftly correct critical issues, reinforcing confidence in Bitcoin's resilience.Medium+1GitHub+1
Despite the severity of the bug, Bitcoin's price remained relatively unaffected in the long term. In fact, by the end of 2010, Bitcoin's price had increased over 300%, from $0.07 to $0.30, signaling growing trust and adoption .Medium+1Quadriga Initiative+1
This event marked a pivotal moment in Bitcoin's history, highlighting the importance of vigilant development and community response in maintaining the security and trustworthiness of decentralized systems$BTC $BTC $BTC
On August 15, 2010, Bitcoin faced a critical vulnerability that nearly led to its collapse. A single transaction in block 74,638 exploited an integer overflow bug, creating 184,467,440,737 BTC—over 8,800 times the total supply cap of 21 million. This flaw allowed two addresses to receive approximately 92.2 billion BTC each, threatening the very foundation of Bitcoin's scarcity model.Medium+4Binance+4Investing.com+4Wikipedia+4GitHub+4Medium+4
The issue, identified as CVE-2010-5139, was due to a flaw in the code that failed to properly check large transaction outputs, allowing the creation of vast amounts of Bitcoin from thin air . Within hours of the exploit, Bitcoin's pseudonymous creator, Satoshi Nakamoto, along with early developer Gavin Andresen, released version 0.3.10 of the Bitcoin client. This update included a soft fork that rejected transactions with output value overflows, effectively nullifying the fraudulent coins and reverting the blockchain to a state before the exploit .Wikipedia+1CoinDesk+1U.Today+4CoinCodex+4Medium+4GitHub+3Medium+3Investing.com+3
The swift response and rollback were crucial in preserving Bitcoin's integrity. Had the exploit gone unaddressed, the value of Bitcoin could have plummeted to zero, as the market would no longer trust its fixed supply. Instead, the incident demonstrated the community's ability to swiftly correct critical issues, reinforcing confidence in Bitcoin's resilience.Medium+1GitHub+1
Despite the severity of the bug, Bitcoin's price remained relatively unaffected in the long term. In fact, by the end of 2010, Bitcoin's price had increased over 300%, from $0.07 to $0.30, signaling growing trust and adoption .Medium+1Quadriga Initiative+1
This event marked a pivotal moment in Bitcoin's history, highlighting the importance of vigilant development and community response in maintaining the security and trustworthiness of decentralized systems$BTC $BTC $BTC
Login to explore more contents