palda.base.eth (froxy)

palda.base.eth

A simple person, wanting a beautiful and peaceful world

1023 Followers

Recent casts

There’s been a lot of FUD around Binance lately. No one outside the company really knows whether it’s true or not. What is clear is that you shouldn’t keep your entire net worth on an exchange anyway. Consider withdrawing for now and watching how things unfold. It’s better to be safe than sorry.

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Bitcoin Accumulation Trend: network is in distribution mode. The Accumulation Heatmap suggests this is not market bottom yet. Following holders cohorts are in distribution mode: Shrimp: 0.1–1 BTC Crabs: 1–10 BTC Octopus, Fish: 10–100 BTC (aggressive distribution) Dolphins, Sharks: 100–1k BTC (recently entered distribution) Super whales: 10k–100k BTC The only cohort in modest accumulation are Whales and Humpbacks 1k–10k BTC This is a lot of sell pressure with less buyers. The biggest bear narratives which dominate and push this sellout: 4Y cycle end/bear market + quantum FUD. IMHO.

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Top casts

The expansion of the FED Balance sheet has begun but still you are bearish anons... 🤦‍♂️ The only way from here is UP only 🚀

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Dreaming of that one trade I should've made. 💭 This cast is officially 🔵 @basefrens 🔵 approved.

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