The Flow Horse

I posted and deleted yesterday because it did not seem like the best way to start a Sunday morning but Binance is leaking. Anecdotally, most large 8+ figure plus traders I know…

I posted and deleted yesterday because it did not seem like the best way to start a Sunday morning but Binance is leaking. Anecdotally, most large 8+ figure plus traders I know are withdrawing. Too much risk.

Everyone who wrote "Squatters" but still understood the point I was making in light of the Binance hack.

7/ Crypto traded down with tech. BTC $76.8K, down 4.4% over the last 24 hours. ETH $2,237, -3.4%. SOL $95, -4.4%. IBIT -5.2%. COIN -10.6%. MSTR -7.8%. That's all still with the…

7/ Crypto traded down with tech. BTC $76.8K, down 4.4% over the last 24 hours. ETH $2,237, -3.4%. SOL $95, -4.4%. IBIT -5.2%. COIN -10.6%. MSTR -7.8%. That's all still with the Binance hack in the background.

Yeah I am glad that I barely trade this crap anymore. I’m all for the merge of perps and blockchain tech, but you won’t catch me dead on a cex.

This is an area where it starts to make sense to look for evidence of “Bad news, good price” for Bitcoin. Since the news of the Binance hack bitcoin has not made a lower low with…

This is an area where it starts to make sense to look for evidence of “Bad news, good price” for Bitcoin. Since the news of the Binance hack bitcoin has not made a lower low with equities. The question is whether or not some of that bid is Binance buying back the coins they need