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🍰🧯 #CAKE PancakeSwap burned in June >1.38 million CAKE.
πŸ“‰ Santiment: #BTC has now fallen to a 2-month low, with most altcoins faring far worse. With many traders buying the dip when Bitcoin was nearing $60K, longs have been liquidated aggressively the last couple hours. This goes for other top caps like Ethereum and Solana as well.
πŸ“Š The ratio of #BTC and #ETH derivatives to spot has remained relatively stable this year compared to previous market cycles.
πŸ“ŠπŸ‘€ #BTC vs Gold - Week 26 Update

While the 10 largest Bitcoin ETFs have earned $14.5 billion since the start of the year, the 10 largest Gold ETFs have lost $5.3 billion.
πŸ†• #JUP Upbit added market support for Jupiter
πŸ•΅οΈβ€β™‚οΈπŸ³ Whale transferred 1700 #BTC (~$99.92 million) to Binance again. So far today he has transferred 3500 BTC to Binance.
πŸ₯³ #ETH #ETF QCP: ETH has stronger recovery potential. There is bullish sentiment on options expiring in September and December. And ETF approval could lead to a sharp rebound.
πŸ€” #BTC Founder Capriole Investments: When you look at the data of the 4 most important players in Bitcoin, we have net flows equivalent to $24B being dumped on the market in 2024.

This is why we haven't mooned yet
πŸ•΅οΈβ€β™‚οΈ Wallet 20 minutes ago transferred #GMT for ~$10.23 million to a new address, presumably a Binance wallet. He received this GMT 40 minutes ago and is an early investor/member of the GMT team.
πŸ‡©πŸ‡ͺπŸ‘€ #BTC Arkham: The German government has again transferred 1300 BTC to CEX
πŸ€” #BTC C.Q.: The $47K level is 25% below the average purchase price for STH - this will be a good resistance point and a shakeout for new buyers.

Previous organic corrections in the bull market lasted between 110 to 60 days
πŸ” Top 15 Growth Leaders by Total Fees Received in the Last 30 Days #NXM #DBR #MPL
πŸ•΅οΈ #BTC Mt Gox wallets make small bitcoin moves, including to recipient exchange Bitbank, shows Arkham. theblock
πŸ‡ΊπŸ‡ΈπŸ‘€ #BTC Arkham: US government transferred 237 BTC ($13.67 million) to an unknown wallet
😱 #BTC investors are starting to feel the anxiety as the dip deepens
πŸ“‰ C.Q.: A drop in #USDT liquidity will not stimulate #BTC growth, conversely, growth will demonstrate demand for purchasing coins.

Currently, the metric is falling
πŸ’° #BRC20 UniSat announced that it completed a Pre-A funding round led by Binance in May this year. The specific amount has not been disclosed. x.com
πŸ’Έ Liquidations on CEX over the last 24 hours amounted to $294 million.
2024/10/03 17:25:56
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