American Bitcoin, a crypto mining company linked to the Trump family, ended its choppy first day on the Nasdaq up over 16%, adding millions to the US first family’s wealth. The company, backed by US President Donald Trump’s sons, Eric and Donald Trump Jr., went public after it merged with the existing Bitcoin (BTC) mining company Gryphon Digital Mining (GRYP). In early trading on Wednesday, American Bitcoin (ABTC) shot up 91% from Gryphon’s Tuesday closing price of $6.90 to a peak of $13.20 before falling by half to an afternoon low of $6.72.
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A trader opened an $XPL long position with 3x leverage is currently having a floating profit of $175K. hyperdash.info/trader/0xd67ca2...… Conversely, a trader opened an $XPL short position with 3x leverage is facing a floating loss of $122K.
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Prophet-level predictions! Bearish news + end of 5-wave rally = start of the drop. Shorted ETH at nearly the top (4750), bagged 6.7% profit. Mid/long-term 3x ETH short from 4700 also in the green. BTC short at 123100 up 4.5% too. Congrats to everyone who followed and feasted! 🎉 Bind your Binance referral code to join the strategy group.
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