Sergio Rehbein
1.5K posts

Sergio Rehbein
@sergiorehbeing
To the moon?






Someone pulled $4.85 million off Binance yesterday and turned a $125 million crypto token into a $1.7 billion story. > The token was STO, StakeStone's governance token for an omnichain liquidity protocol. > On February 6 it was trading at $0.05. > By April 1 it was at $0.11. > Then a brand new wallet created days earlier, with no history, withdrew 25.5 million STO tokens from Binance in a single transaction. > That was 11% of the entire circulating supply. Gone from the exchange in one move. > When that much supply leaves an exchange at once, the available sell side liquidity collapses. > Price moved because there was nothing left to sell into. > It went from $0.11 to $0.26 in hours. > Then kept going. > $0.50. $0.80. $1.20. > Within 72 hours STO hit an all-time high of $1.74. > 24-hour trading volume hit $1.63 billion. > The market cap at the time was around $125 million. > That means volume was nearly 10 times the entire market cap in a single day. > Only 22.5% of STO's total 1 billion supply is currently in circulation. > 77.5% of tokens, held by early investors, the team, and locked allocations are still waiting to enter the market. > A second new wallet deposited 28 million tokens, 12% of circulating supply back onto an exchange shortly after the peak. > When tokens move back onto exchanges after a pump, it means someone is preparing to sell. > The crash came fast. STO dropped over 60% from its peak within hours. > People who bought at $1.50 were sitting at $0.60 the same afternoon. > The token is currently trading around $0.40. One wallet. One transaction. 11% of supply removed from an exchange is all it took to move the price 1,500%.

One match. One badge. One winner. 🔴⚪️ $USELESS coin takes its place on our jersey after winning the @krakenfx trading competition. A new limited edition jersey for the game vs FC Barcelona 👊





$BTC sigue sin agregar OI, la gente no se cree la subida. target 85k-95k.























