PEPE Coin | A Whale Sold PEPE at 52% Loss !A substantial loss was incurred by a whale who sold over 400 billion PEPE tokens at a 52% loss. The sale involved the transaction of 468.5 billion PEPE tokens, in exchange for 109 ETH valued at $190,000 and 237.5 thousand USDT.
The unfortunate outcome of this transaction left the whale with a significant loss. On May 9, the whale withdrew approximately $890,000 worth of PEPE tokens from the KuCoin exchange.
In my view, there appears to be a significant downward trajectory ahead.
Looking forward to read your opinion about it.
Worthless
Sorry but all Equity is worthless, they are selling its pieces Wirecard’s new management is seeking to keep the company afloat and may consider the sale of some of the company’s units, which could allow creditors to recover at least some of their investments.
Wirecards’ 500 million euros of bonds due 2024 last traded at 20 cents on the euro. The company’s 900 million euros of convertible notes stood at 12 cents, according to data compiled by Bloomberg.
I don't understand why the new fashion is to gamble with worthless bankrupt companies like LK , Hertz and now Wirecard
This can be a good game for day trader but my advise is to cash your gain at the closure if you are lucky enough to win
Equity is worthless , they won't be enough money to cover the debt-holders already.
This is casino so please know what you are doing
The 6K war | Bitcoin and Crypto TRADING as a whole is cancerI have been in this space since mid-2017, made some money, lost some money. Learned a lot in the way.
I have lost of all my faith in the value of crypto TRADING, in the recent week I have seen so many price manipulations which would be illegal on regulated markets.
I do believe that 80%+ of the activity nowadays is artificial, there is a high chance that you play against the exchange itself which 'paints' a pattern to make you enter a position and then crush it to get you rekt/ make you lose money.
If anyone saw the pump and dump of btc on Bitfinex yesterday from 6200-6500 to 6200 again - it looked like it was done by the same entity that it buying and selling at the same time with two different accounts.
I do think that it is highly possible that the crypto hype is so 2017, it is dead and we should get over it and move on.
Blockchain tech has its place in the world... and Ripple's tech is already implanted in the industry and will continue to grow adoption.
About my 'TA' my gamble is: Since btc never went above his 2017 20K peak - it never will, the wedge on the weekly candles in closing with lower highs of each rally - Moon Boys will bet on new ATH of course..I think that the price will hit the 9K area and then all of the whales will dump all of their bags on the heads of the moon boys that expect 50K.
Another possibility is that we might see a huge bounce up - just to liquidate the shorts, then a massive dump. Same as it was from 3200 to 13K - but this time it will be way more violent.
A week ago we saw that buyers defend the 5K, this week it is the 6K.
Due to correlation to the S&P 500 which was proven by other posters, my gamble is that this war is between the industry bulls that want to protect their plan and dump the price on THEIR time VS the Wall Street bulls that dump it now due to the correct crisis.
This time, I hope that Wall Street will WIN this fight.