Another #Binanceβ―β―β― Alpha Disaster π¨ $SIREN crashed over 60% in a day
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π§πππ¦ ππ‘π¦π§ππ§π¨π§ππ’π‘ ππ¦ π¦ππ’π₯π§ππ‘π ππ§π ππ‘π ππ§π π¨π¨ ABRAXAS CAPITAL is shorting $489,246,004 of #crypto. It has opened a short position of $BTC, $ETH, $HYPE, $SOL, and $SUI. Now its unrealised profit is ~$5 million.
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πππ πππ¬ ππ’π₯ π§ππ ππ₯π¬π£π§π’ π ππ₯πππ§Β π¨π¨ #CPI data is coming today at 6 pm IST. The market is expecting a 2.5% CPI increase YoY. Last month CPI was 2.3%. The market is expecting that this month's CPI will come in higher than last month's. If this happens, then it won't be good for the #crypto market, as FED Chairman #Powell is already delaying the rate cut, and if CPI data keeps coming in higher, then the rate cut will be delayed more. Will CPI come in higher or lower than expected? π
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