This is what I was talking about, where one person reinforced their position in a Long deal for Ethereum ETH , bringing the total deal to 13 million dollars. The liquidation price is at 1725.. meaning if Ethereum reaches the price of 1725, this person will lose their position. Currently, Long positions are harming the market because they are not matched by Spot buying but rather by selling. 💠 Note: This person either opened a Short position on the same currency on a different platform; or they had information that Bitcoin would bounce back from the 83 thousand area; and when they saw the heavy Spot selling, they reinforced their position.
ETHUSD 🚨NEW: realDonaldTrump’s media company Trump Media, parent company of Truth Social, has announced a partnership with cryptocom to launch a series of ETFs and ETPs. The products, which will include BTCETH, SOL, XRP, CRO, are set to launch later this year, pending regulatory approval
GOLD here are the latest developments in the forex and cryptocurrency markets: Forex Markets Federal Reserve's Policy Meeting: The Federal Open Market Committee (FOMC) is concluding a two-day policy meeting today. Expectations are that the federal funds rate will remain unchanged at 4.25% to 4.5%. Investors are keenly awaiting the committee's statement and Chair Jerome Powell's press conference for insights into future monetary policy directions. Swiss National Bank's Currency Interventions: In 2024, the Swiss National Bank (SNB) significantly reduced its foreign currency interventions, purchasing only 1.2 billion Swiss francs, a sharp decline from the 132.9 billion francs sold in 2023. This shift indicates the SNB's preference for using interest rate adjustments over currency interventions to manage monetary policy and control inflation. Gold Prices Surge: Amid rising geopolitical tensions and a weakening US dollar, gold prices have reached a record high of $3,038 per ounce. This surge reflects increased demand for safe-haven assets. Cryptocurrency Market North Korea's Bitcoin Holdings: North Korea has become the third-largest holder of Bitcoin globally, with 13,580 BTC valued at approximately £886 million. This accumulation is largely attributed to cyber-hacking activities by the Lazarus group, which has been implicated in significant cryptocurrency thefts. MicroStrategy's Bitcoin Acquisition: MicroStrategy, the largest corporate holder of Bitcoin, announced the purchase of an additional 130 BTCUSD for $11 million. This marks their first acquisition since February 24. The company also plans to raise up to $21 billion through stock sales to continue investing in Bitcoin. Cryptocurrency ETFs: Canary Capital Group has filed for an exchange-traded fund (ETF) linked to the spot price of Sui, a cryptocurrency from the Sui Network. This brings the firm's total cryptocurrency ETF filings to six, reflecting growing optimism for regulatory approval under the current U.S. administration. Market Trends: Analysts have observed a 20.2% decline in the cryptocurrency market in February 2025, largely due to a significant hack involving Bybt and broader bearish sentiments in global financial markets. ETHDRYUSOIL These developments underscore the dynamic nature of the forex and cryptocurrency markets, influenced by policy decisions, geopolitical events, and technological advancements.
The ETH CME gap has been filled and faces rejection at the $2,152 resistance level. A breakout is needed for further upside; otherwise, failure to break through could lead to a retest of support. 😶
ETHUSD Ethereum whale bought 17,855 ETH worth $36,000,000 at an average price of $2,054. Total holding $2,530,000,000 Ethereum. You think this is going down? Think again 🚀
BTCUSDT 
ETH , bringing the total deal to 13 million dollars.
