The BonkDAO drainer sold another 800B $BONK today worth $2.48M.
Same wallet that bought $4.4M in voting power to pass a governance proposal draining 4.426T $BONK from the treasury on July 6. Legal, not a hack, just bought enough votes.
BONK's down 40% since. Drainer still holds 2.4T ($6.94M).
๐ฐ X | Youtube | Instagram
Same wallet that bought $4.4M in voting power to pass a governance proposal draining 4.426T $BONK from the treasury on July 6. Legal, not a hack, just bought enough votes.
BONK's down 40% since. Drainer still holds 2.4T ($6.94M).
๐ฐ X | Youtube | Instagram
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Forwarded from Cult Finance
YouTube
๐ด THE BIG SHORT IN BTC|NEW LOW INCOMING?|MPORTANT MARKET DISCUSSION|LIVE MARKET ANALYSIS BTC GOLD
๐ด THE BIG SHORT IN BTC|NEW LOW INCOMING?|MPORTANT MARKET DISCUSSION|LIVE MARKET ANALYSIS BTC GOLD
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Stay ahead of the curve with the latest updates, trends, and insights from the world ofโฆ
#trading #starttradingcrypto #stockmarket #cryptotrading #crypto
Stay ahead of the curve with the latest updates, trends, and insights from the world ofโฆ
๐ฅ4โค2
Forwarded from The Ledger Report
BREAKING: US momentum stocks just posted their worst month since the 2008 financial crisis.
Goldman's High Beta Momentum index, which tracks the stocks that ripped hardest during the AI rally, closed the month down over 20%. The chart breaks straight through the financial crisis low.
This built over weeks, not one bad session. An 18% two-day plunge in early July, Goldman's own desk called it the worst two-day move since the 2020 pandemic reopening shock. Then a cumulative 19-20% drop over two weeks. Positioning had hit the 100th percentile relative to the past five years, the trade was maximally crowded going in.
Goldman's own data says the historical max drawdown for this factor runs about double the current decline. That means this isn't necessarily finished, it depends on whether AI-momentum names find new buyers or the rotation keeps going.
๐ฐ X | Youtube | Instagram
Goldman's High Beta Momentum index, which tracks the stocks that ripped hardest during the AI rally, closed the month down over 20%. The chart breaks straight through the financial crisis low.
This built over weeks, not one bad session. An 18% two-day plunge in early July, Goldman's own desk called it the worst two-day move since the 2020 pandemic reopening shock. Then a cumulative 19-20% drop over two weeks. Positioning had hit the 100th percentile relative to the past five years, the trade was maximally crowded going in.
Goldman's own data says the historical max drawdown for this factor runs about double the current decline. That means this isn't necessarily finished, it depends on whether AI-momentum names find new buyers or the rotation keeps going.
๐ฐ X | Youtube | Instagram
โค14
โก๏ธ GM! Geopolitical tensions still a key factor with ongoing US strikes on Iran.
Yesterday saw a broad selloff across US markets, while crypto surprisingly held steady.
๐บ๐ธ Stocks:
S&P 500 -1.01%
Nasdaq -1.40%
๐ฐ Crypto:
Bitcoin +1.11% ($64,624.00)
Ethereum +1.18% ($1,864.21)
Keep an eye on global developments this week.
Yesterday saw a broad selloff across US markets, while crypto surprisingly held steady.
๐บ๐ธ Stocks:
S&P 500 -1.01%
Nasdaq -1.40%
๐ฐ Crypto:
Bitcoin +1.11% ($64,624.00)
Ethereum +1.18% ($1,864.21)
Keep an eye on global developments this week.
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Kitne genius bacche hai Hamare desh me ๐คฏ
https://x.com/Crypto_Jargon/status/2078833406075658300?s=20
https://x.com/Crypto_Jargon/status/2078833406075658300?s=20
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โก๏ธ GM! Geopolitical tensions from US strikes on Iran continue to weigh on markets.
Yesterday saw a broad selloff across US indices, while crypto stayed mostly flat.
๐บ๐ธ Stocks:
S&P 500 -1.01%
Nasdaq -1.40%
๐ฐ Crypto:
Bitcoin -0.00% ($64,634.00)
Ethereum +0.31% ($1,870.79)
Keep an eye on global developments this week.
Yesterday saw a broad selloff across US indices, while crypto stayed mostly flat.
๐บ๐ธ Stocks:
S&P 500 -1.01%
Nasdaq -1.40%
๐ฐ Crypto:
Bitcoin -0.00% ($64,634.00)
Ethereum +0.31% ($1,870.79)
Keep an eye on global developments this week.
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Here's how metamask was about to get hacked.. and this could have been the biggest hack in the crypto history ๐จ
https://x.com/Crypto_Jargon/status/2079089707955446056?s=20
https://x.com/Crypto_Jargon/status/2079089707955446056?s=20
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Forwarded from Fedhabit
Senate CLARITY Act vote expected this week. Last window before August recess. 50-50 odds on Polymarket. This is the most important regulatory event for crypto in 2026.
https://x.com/fedhabit/status/2079099997019353501?s=20
https://x.com/fedhabit/status/2079099997019353501?s=20
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Gm plan remains the same BTC swing short running, although twitter is turning bullish kyuki ek banda bullish hogya xD but koi ni we follow our own analysis
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