Behold, the 3.56M ETH position of Bitmine-a gilded net, poised to catch the rebound, yet if ETH descends further, it shall bear the weight of its own ambition. A tale as old as time: the investor’s gamble, the market’s cruel jest. 🧠💸
Glassnode has chimed in with some delightful news: a staggering 41.5% of XRP’s supply-around 27 billion tokens-are in the red. It’s the lowest profitability level since November 2024 when XRP was languishing around the quaint price of $0.53. Not a pretty sight for those who bought in at much higher levels, huh? 💸
Behold, the estate trustee of the fallen titan has unleashed a torrent of $1 billion in BTC, a flood that could drown the market in despair. The question lingers like a hangover: Will Bitcoin, already limping through its own history, stumble further into the abyss? 🧨
Amidst this crypto winter, two enigmatic entities-“Libra Deployer” (Defcy) and “Libra Wallet” (61yKS)-have embarked on a digital alchemy, transmuting $4 million from the dying embers of Libra into Solana’s volatile embrace. With wallets brimming with $57 million in USDC, these spectral actors have seized the market’s momentary hiccup to snap up $61.5 million worth of SOL at $135, as if purchasing confetti for a funeral. One might wonder: is this a redemption arc or merely a pirouette in the chaos? Only time, that relentless jester, will tell.
Behold, Bubblemaps, that vigilant sentry of the decentralized realm, reported a singular entity’s conquest: 14,000 wallets, each nourished with 0.001 BNB from Binance, like peasants feeding a dragon. These wallets, in turn, shuffled their APR loot to fresh addresses, a ballet of greed choreographed with mechanical precision. “A sophisticated airdrop farmer?” one might quip. Or perhaps a sorcerer with a penchant for loopholes?
As the price descends, the masses awaken, their eyes gleaming with the false promise of profit. The Cumulative Volume Delta (CVD), once a sturdy pillar, crumbles like a sandcastle in the tide. This is no ordinary decline; it is a carnival of derivatives, a masquerade where shorts reign supreme. Traders, blinded by greed, pile onto the sinking ship, their open interest swelling like a tumor. They are not passive observers but active participants in their own downfall, their leverage a noose tightening with every tick of the clock. ⏳
On Nov. 18, just hours after Bitcoin (BTC) plummeted below $90,000 for the first time since April 22, the altcoin market looked like it had been hit by a rogue black hole. Ethereum (ETH), the crypto world’s overachieving second-place finisher, briefly slumped to $2,944 before limping back to $3,050. Meanwhile, the broader crypto economy took a 4% hit, and ETH’s seven-day losses hit 14%-a small victory over BTC’s 13%. Congrats, Ethereum. You’re the emotional support token now. 🤕
Behold, Bitcoin has tumbled under $90K, erasing its year-to-date gains like a tear in the rain. A 30% slide from its October peak-a fall as graceful as a drunkard off a barstool. 🍷
The crypto market is in a bit of chaos right now, with big shifts in the investor mood. Bitcoin ETFs? They’re seeing major outflows. But don’t panic just yet-whales are stepping up to the plate and buying big. So, if you’re not sure where to park your money, maybe look at these undervalued cryptos, especially the ones under $1.
With investors clutching their crypto wallets like they’re about to fall into a black hole, Schiff has seized the moment to declare the “digital gold” narrative as dead as a dodo. 🦤✨ And boy, does he love a good “I told you so.” But let’s be honest, if Schiff had a nickel for every time he called Bitcoin a scam, he’d probably have more money than Bitcoin’s current market cap. 💸
