MultiversX Tracker is Live!

For the people who want to know what happened. It was a whale battle between FTX and Bitfinex and Binance.

All Cryptocurrencies

by COINS NEWS 227 Views

No it wasn't the Fed's announcement, it wasn't the news in Khazakstan.

It was a FTX whale trying to break the support wall of BTC. The same whale has been testing the $45k bottom of bitcoin in december and today finally broke through it. But Bitfinex and Binance whales were defending it by trying keep buying it up. It was exciting to follow it live to say the least.

Eventually the Bitfinex whale changed strategy and let the FTX sell and then bought it all up and managed to stop it. FTX whale probably setting up for another attack trying to break 42k. Why? Nobody knows. Is it to eat all the longs? Is it because Link and ICP were pumping? No clue, but there's clouds brewing and who knows what is coming. DYOR.

Now if you want to follow my story the real issue is that FTX whale probably has way more money than Binance and Bitfinex whales. We know Coinbase has several liquidity issues and Binance's liquidity is unknown for a fact. But it would be no surprise they are also having trouble with keeping up. FTX has deeper pockets.

Good night.

submitted by /u/Tetraides
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments