๐ฅSAM BANKMAN-FRIED: how to become a millionaireโChinese recipeโ
๐ฅHi friends! This is an urgent update for ALL traders. Alameda Research (Sam Bankman-Fried fund), which is an FTX exchange fund, has a large amount of altcoins on its balance. A massive sell-off could happen very soon if the situation does not stabilise.
โ Also it's a great opportunity fot the traders.
๐ HOW TO BECOME A MILLIONAIRE FOR 1 DAY? SBF CASE!
The Bloomberg Billionaires Index has been updated, according to which FTX CEO Sam Bankman-Fried's (SBF) net worth is now $992 million, up from $16 billion yesterday. SBF become a millionaire, but still the multi-millionaire!:)
โ As far as you know, CZ tweet about FTX token (FTT) force traders to withdraw their money from FTX exchange. This forced CEO Sam Bankman-Fried to start negotiation on selling the exchange due to the risk of bankruptcy.
๐ฉ โผ๏ธ It is possible that Binance and CZ itself will face legal issues, because many traders lost money because of such "manipulations". More details later.
๐ THE POSSIBLE HUGE DUMP OF ALAMEDA'S ALTCOINS!
Alameda Research hold almost 41 crypto coins as FTX echange reserves. If the withdrawal from FTX continues, they will be forced to sell some holding to cover the losses and allow the traders to withdrawal money.
๐ฅ This is a list of tokens and coins (>$100,000 assets) that can be sold by ALAMEDA in the closest future.
๐ฉ Such situations is always the opportunity for the well prepared investor or trader. So if you find the best entry point to long or short, the price will FAST reach your take profit on such volatile market.
๐ SOLANA IS UNDER THE BIGGEST PRESSURE!
Approximately $320m in Solana tokens could take Alameda Research out of stacking in the next 24 hours. This is approx. 18 M of SOL. Be carefull with this token.
๐ฉ As far as we know, there are a lot of news that force retail traders to sell while the whales continue to buy. I use DOM and Footprint sclaping tool to track such whales buy/sell orders and share this data with my subscribers. According to this data I will decide to long or to open a short the alts or BTC.
๐ TECHNICAL ANALYSIS ON FTX CHART
Now FTT fall for almost 97% from the ATH. The traders in such situations say that the chart is "broken". But I marked 2 value areas for you:
1. $22-33 value area where a lot of tokens were bought and IF price return to this area, a lot of traders/investors will sold their tokens at the breakeven. So we can assume that it will be BIGGEST resistance for the price.
2. $3.4-4.5 very old value area which become the support for the price and already bounced to $5. If everything going OK to FTX and it will not announce bankruptcy, the price can consolidate above or inside this area. At least it will be the most positive scenario for FTX.
The worst scenario if FTX token fall below the $3.4-4.5 area and test it as the resistance what will be the disaster for someone who don't use the risk management and opportunity for the short traders.
๐ฅTraders, do you buy or sell crypto on this DUMP? BTC or alts? Write in the comments and stay tuned for more updates!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
โ Also it's a great opportunity fot the traders.
๐ HOW TO BECOME A MILLIONAIRE FOR 1 DAY? SBF CASE!
The Bloomberg Billionaires Index has been updated, according to which FTX CEO Sam Bankman-Fried's (SBF) net worth is now $992 million, up from $16 billion yesterday. SBF become a millionaire, but still the multi-millionaire!:)
โ As far as you know, CZ tweet about FTX token (FTT) force traders to withdraw their money from FTX exchange. This forced CEO Sam Bankman-Fried to start negotiation on selling the exchange due to the risk of bankruptcy.
๐ฉ โผ๏ธ It is possible that Binance and CZ itself will face legal issues, because many traders lost money because of such "manipulations". More details later.
๐ THE POSSIBLE HUGE DUMP OF ALAMEDA'S ALTCOINS!
Alameda Research hold almost 41 crypto coins as FTX echange reserves. If the withdrawal from FTX continues, they will be forced to sell some holding to cover the losses and allow the traders to withdrawal money.
๐ฅ This is a list of tokens and coins (>$100,000 assets) that can be sold by ALAMEDA in the closest future.
๐ฉ Such situations is always the opportunity for the well prepared investor or trader. So if you find the best entry point to long or short, the price will FAST reach your take profit on such volatile market.
๐ SOLANA IS UNDER THE BIGGEST PRESSURE!
Approximately $320m in Solana tokens could take Alameda Research out of stacking in the next 24 hours. This is approx. 18 M of SOL. Be carefull with this token.
๐ฉ As far as we know, there are a lot of news that force retail traders to sell while the whales continue to buy. I use DOM and Footprint sclaping tool to track such whales buy/sell orders and share this data with my subscribers. According to this data I will decide to long or to open a short the alts or BTC.
๐ TECHNICAL ANALYSIS ON FTX CHART
Now FTT fall for almost 97% from the ATH. The traders in such situations say that the chart is "broken". But I marked 2 value areas for you:
1. $22-33 value area where a lot of tokens were bought and IF price return to this area, a lot of traders/investors will sold their tokens at the breakeven. So we can assume that it will be BIGGEST resistance for the price.
2. $3.4-4.5 very old value area which become the support for the price and already bounced to $5. If everything going OK to FTX and it will not announce bankruptcy, the price can consolidate above or inside this area. At least it will be the most positive scenario for FTX.
The worst scenario if FTX token fall below the $3.4-4.5 area and test it as the resistance what will be the disaster for someone who don't use the risk management and opportunity for the short traders.
๐ฅTraders, do you buy or sell crypto on this DUMP? BTC or alts? Write in the comments and stay tuned for more updates!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
์ฝ๋ฉํธ:
๐ฅHi friends! I make the update for you about the current sutation on FTX! Pls, check the scenario, because it's a good chance to open a perfect tradeโ
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