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The 9-win streak trader 0xFC78 has now lost his last two trades — wiping out all $1.78M+ in profits and even dipping $117K into his principal.
He now seems to be revenge trading, opening a 30x short on 200 $BTC($18.75M) and a 20x short on 5,000 $ETH($15.26M).
Liquidation prices:
• BTC: $94,721.61
• ETH: $3,229.41
BTC-1.77%
ETH-3.08%
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GT-1.35%
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Bitcoin’s Latest Drop Isn’t Just Another Correction, But A Clear Capitulation Event - Here’s Why | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
After a brief moment of bullish performance in Bitcoin, the price experienced a sudden pullback due to a broader market shakedown, which caused BTC to revisit the $90,000 threshold. While this pullb
BTC-1.77%
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To be honest, staring at the screen waiting for this “delayed” inflation report has me feeling pretty anxious. The market is already like an overinflated balloon, just waiting for the Fed to pop it with a rate cut next week. But now, whether this balloon can take off nicely all depends on whether tonight’s PCE data pours cold water on things.
Frankly, I feel a bit uneasy about the current “early celebration” atmosphere. Everyone’s way too optimistic—the CME shows a nearly 90% chance of a rate cut, as if the Fed has no other choice. This kind of consensus actually feels very fragile to me—if th
BTC-1.77%
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CryproQuant: the BTC buy-to-sell ratio on all exchanges rose to 1.17 yesterday, the highest since the start of the current cycle in January 2023. A value above 1 indicates a stronger initiative from buyers.
Taken together, the data indicates that the current bull cycle is unlikely close to completion. However, risks remain.
- by CoinCare
BTC-1.77%
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