#Filrcoin on the daily time frame formed a double top. The price is now is now a support $1.21 _1.27, a critical zone. Breakdown= Continuation of lower lows for good sell direction. Rebound= Likely a retest of $2.43 befor another drop.
MAJOR UPDATE: Gold and Silver dumbs after US president Trump cancels EU tarrifs and announces landmark Greenland framework deal.
During trade wars and uncertainity= investors and retail both invest in Gold and Silver, staying away from volatlie markets including crypto and stock markets.
Trade agreements and framework for greenland deal between the US and EU might bring new money for crypto markets.
Price Alert: Bitcoin dumbs to 92K as US-European Union tarrif war escalates. 526 million long positions hacd been liquidated in the past 12 hours. #BTC #MarketSentimentToday #CryptoCommunitys #BinanceFeed
THE WHITE WHALE STORY: FROM MEXC BAN TO MEME COIN EXPLOSION.
There is a recent trending story in the crypto communities involving a pseudonyomous ultra-high laverage trader widely known as the white whale and the crypto exchange MEXC. The White whale account in known for placing contraversial high laverage perpetual future positions mostly in the millions mainly on MEXC exchange. The white whale account is linked to insider due to his highly and contraversial executions skills but not proven so far. MEXC exchange restricted one of the accounts associated to this high level trader for reasons that were never officially confirmed but the exchange suspected of Abnormal trading behaviour, possible violation of internal trading rules and Exchange risk exposure due to oversized postions. This triggered backlash on crypto twitter, with many traders accusing MEXC exchange of punishing profitable traders and lack of transparency. The white whale disappeared for some time and then re-emerged on-chain launching stealth backed meme coin as a protest against MEXC. The meme coin exploded attracting hundreds of investors and exposed to high liquidity and managed volatility with im 24 hours. The price of the memecoin exploded reaching upto 50X to 200X in days, its trading volume rivaling midcap tokens briefly. WHY THIS HAPPENED SUCCESSFULY 1: Banned trader beating the system with many traders siding with their fellow comrade. 2: On-chain transparrency with no central exchange controls. 3. Controlled liquidity and volatility. WHAT DOES THIS MEAN FOR THE BIGGER CRYPTO. 1. Shift from CEX power to On-chain power 2. Traders preferring self custody + DEXs 3. Meme coins evolving from jokes to financial weapons. 4. Elite traders becaming liquidity leaders and not gamblers. FINAL TAKE AWAY This was a professional trader turning meme culture into a weapon after being cut off by centralized finance. "If exchanges can rug traders, traders will build the own casino" MEXC eventually released the funds. One memecoin trader turned a $370 bet into 850,000 with the white whale memecoin. Folloe me for more news and analysis. #WhiteWhale #Memecoins🤑🤑 #CryptoNarratives #BinanceFeed
💥BREAKING: 🇺🇸 BlackRock sold $355.5 MILLION worth of Bitcoin yesterday.
One of the biggest institutional players just unloaded a massive chunk of BTC — and moves like this almost always trigger volatility across the entire crypto market.
When whales sell, the crowd panics. When the crowd panics, traders with capital make the real money.
🚨ALERT: Bitcoin futures just flash-crashed to $81,300 within minutes.
In the past hour alone: 🔥 $1 BILLION in long positions liquidated 💀 Only $10 million in shorts wiped out — meaning short-sellers are walking away with bags full of profit