
Running bitcoin
(22)c
1.1K posts


Running bitcoin







This one escalated very fast 🥶. Wallet 0xA5e4F8141Cb2759CeA58F28cF2d0AB21b98580cA came in heavy about 19 hours ago, receiving 1.7M USDC and going straight into a massive short --- 15,457 $ETH , roughly a $31M position. Big size and Clear conviction. But #ETH didn’t cooperate. As price pushed higher, the pressure started building. The position got hit with partial liquidations as the move continued against him. Margin kept shrinking… and shrinking. Now............. That original $1.7M USDC stack has been cut down to just $171K USDC. Roughly $1.53M gone in under 20 hours. High leverage cuts both ways. When you’re right, it feels unstoppable. When you’re wrong… it moves just as fast.



Announcing the bitcoin-backed line of credit. You shouldn’t have to sell your bitcoin to access cash. Now you don’t have to. Borrow with low minimums, draw as little as $1, pay interest only on what you use, and repay whenever you want. Now live in GA and MA. More states soon.


Leverage Driven Pump 🥵 Open Interest jumped ~8%. What does it mean? See video in comments 👇











And there it is: Jane Street was behind the 2022 crypto winter, destroying Terraform by first depegging the token and destroying the ecosystem, then pretending it would rescue Terra, while effectively it was soaking up what little value remained.



