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53295164 No.53295164 [Reply] [Original]

I'm so confused. This shouldn't be happening in the current world situation. Why is crypto pumping???

>> No.53295176

>>53295164
Liquidating shorts.
The liquidation of longs is coming soon.

>> No.53295181

the markets are irrational

>> No.53295185

>>53295176
>Liquidating shorts.
But who decides to liquidate shorts? And why he has that power over the market?

>> No.53295195

>>53295185
did you know that all USD is minted to existence by a private company and then loaned to banks for interest?

>> No.53295204

>>53295185
Me, because I can.

>> No.53295205

>>53295181

A random coin in my portfolio pumped 100% without any explanation a few weeks a ago. Crypto is beyond charts and trends now, a random billionaire or hedge fund can pump anything at anytime

>> No.53295225

there was that article that said 4 billion in longs were bought.
only 86 million in shorts were liquidated.
4 billion - 86 million, plus a bunch of shorts closing... that doesn't make sense unless they keep levering upwards to liquidate more. commitiing 3.5+ billion to liquidate 86 million in shorts?? what logic is that

that assumes they only bought futures and spot was arb'd... why didn't the whale just buy spot.. maybe more liquidity on futures. i don't know i need answers too. i am thinking of buying back in

>>53295185
exchanges like binance are the biggest whales, then trading firms. used to be alameda's job on bitmex, they'd have access to all the stops and liquidation points and just ran out or dumped when it was low liquidity (bart market). now that there are more participants it's harder for one single whale to dominate

>> No.53295233
File: 208 KB, 740x742, 4 Billion BTC whale.png [View same] [iqdb] [saucenao] [google]
53295233

a whale dumped $4 billion into BTC

>> No.53295264
File: 36 KB, 640x480, Sam.jpg [View same] [iqdb] [saucenao] [google]
53295264

>>53295233
>(((A whale)))
Wonder whom it coulda been.

GNEE HEE HEE HEE

>> No.53295269
File: 268 KB, 731x718, 1656015206510.png [View same] [iqdb] [saucenao] [google]
53295269

>>53295164

>> No.53295302

>>53295195
It was loaned to the government, not banks.

>> No.53295446
File: 21 KB, 1486x702, 1670434456258.png [View same] [iqdb] [saucenao] [google]
53295446

>>53295164
It happened before.

>> No.53295457
File: 21 KB, 1486x702, 1643843751969.png [View same] [iqdb] [saucenao] [google]
53295457

>>53295446
pic edited to show that the pumping on the left is almost identical in size to what we're at now (the 2 candles just added together)

>> No.53295574

>>53295302
Idiot.

>> No.53295582

>>53295233
>whale dumped $4 billion into BTC
Read it. He bought futures not BTC.

>> No.53295583

>>53295457
Pretty much this. Tempted to buy some just because hopium that it is the new bull run, but my brain says no and that I should sell so I can buy more if it crashes.

I'm just going to hold because I'm too much of a pussy to commit either way. Hopefully I'll have more cash on hand to buy if it crashes.

>> No.53295597

>>53295164
It is already priced in dumbass. Everyone thinks it will go down so the market gives the most pain by going up.

>> No.53295600
File: 63 KB, 1108x752, dd.png [View same] [iqdb] [saucenao] [google]
53295600

>>53295457
you're supposed to use percentage or log chart.
that green dildo is big compared to the others on percentage terms

>> No.53295616

>>53295457
>>53295600
nm you already used log

>> No.53295958
File: 345 KB, 700x1036, 1673670080926073.jpg [View same] [iqdb] [saucenao] [google]
53295958

>>53295205
XYO? As soon as I saw my XYO pump 100% a couple weeks ago; I knew shit was about to blow-up since it hardly moved up for the whole year prior. DCA'd hard for everything in my portfolio that day, and then a couple days later guess what happened...