After my research on the transfers a few minutes ago, market makers sold huge amounts of it.
🔻The largest sell-off so far from market maker FalconX converted 10M of $OM , which equals 7.02M$ million dollars currently to #Binance and #Okx platforms.
🔻Also, market maker Wintermute converted 2.60M million dollars of currencies to Binance platform.
🔻An unknown whale transferred 3.14M million dollars of currencies to OKX platform, which it had been accumulating for a while; it’s clear they will sell at a loss.
All of this is clearly aimed at selling, which is the reason for the current dump 😯
Market makers are players, who will slaughter the other ⚔️
The Fear and Greed Index is still at fear but slightly close to neutrality at 45 🔻
What do these numbers in the Fear and Greed Index mean? 🤔
1️⃣ From 0 to 24 = Extreme fear (often a great buying opportunity)
2️⃣ From 25 to 49 = Fear
3️⃣ From 50 to 74 = Greed
4️⃣ From 75 to 100 = Extreme greed (a clear message that you should sell)
The current stage is 45, the market is still in uncertainty and the situation is calm. Investors are not very confident and not too panicked either due to Trump's reversal on tariffs for some products.
🚨 The TVL is experiencing a significant drop in most of the largest projects such as:
$LDO $EIGEN $ENA
The LIDO project had the largest TVL for a long time but has currently dropped to second place, making way for AAVE, which I consider the backbone of the DEFI sector.
Also, the Sky project, which was previously MKR, has seen an increase in TVL despite the current market conditions 🤔
He created a website where you can send a message from it, and you must pay to send your message
Currently, the price is 1$BNB , which is $637 for a single message
At first, the price was only $24, but due to the strange people who started sending messages asking about their dinner or to take a look at this currency or what the currency contract is, the price gradually increased to limit them because he can't answer them 😂
What I liked is that this money will go to charity👌
🚨 The cryptocurrencies I'm currently monitoring are $BMT and I'm doing a small research about it.
I got curious and decided to look into the largest transfers in the last 24 hours.
I found an unknown wallet that withdrew 30M of $BMT which equals 5.23 million dollars 16 hours ago and is currently at a loss 🐋🤔
The Bubblemaps platform is similar to the Arkham platform for tracking cryptocurrencies and Onchain investigations.
Comparison in terms of market value between the two projects:
$ARKM: 232 million dollars $BMT : 44 million dollars
One thing I didn't like is the long-term inflation.
The currency is available on most major platforms.
⚠️ This post is not investment advice at all, it is just a small research and I have not bought the currency, I am just thinking about entering it DCA in the near future ⚠️
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🚨🚨 Imagine turning 220 thousand dollars into 5 thousand dollars and losing 215 thousand dollars in a very foolish way
That's what happened to one of the traders who decided to swap 220 thousand USDC for 220 thousand USDT
But he only got 5 thousand dollars worth of $USDT 🥹💔
The person was attacked by a Mev Bot
They say that the Mev Bot took all the USDC from the pool before the person's transaction was completed, meaning it beat him to it
After the transaction was completed, the Mev Bot returned all the USDC it took
The bot bribed the Block builder with 200 thousand dollars to make its transaction very fast and made a profit of only 8 thousand dollars from this trader's transaction 🥹
This attack clearly shows that the trader forgot to set a low Slippage before the transaction
🚨🚨 The AI Agents sector has been trending strongly recently, and one of its strongest currencies is the $VIRTUAL token, which has seen a significant collapse from a price of $5.1$ to the current price of $0.73$ 😯
Today, while researching the largest transfers, I noticed some whales accumulating 🐋
• One of the wallets received 657218 VIRTUAL, which equals $500K
• And it holds a total of $730K worth of the currency
The currencies have increased strongly this cycle and are withdrawing a very large amount of liquidity and the emergence of many sectors such as Ai agents, DefAi, Desci, and 90% of them are useless, just trends and then they end
Years ago, I remember that the amount of currencies did not exceed 12 thousand currencies only. Now imagine how much is the number?
The number of currencies is currently 11.30 million currencies, and I know that most of them are dead currencies, but there are many currencies that have withdrawn liquidity, including meme currencies
Hypothetically, without these currencies and new sectors, we would have seen a very, very strong bull run 🥹💔