Today’s Nuggets
100% of STHs in Loss
Base Eating ETH Alive
China Devaluing the Yuan
TABI Perking Up a Tad
Uptick in Degen Leverage
Sacks on Black Monday
DOJ Disbands Crypto Enforcement Team
JUP Back on Top
Cathie Rotates out of ARK BTC ETF into COIN
xAI Grok Coming to Tesla This Month
It is Tuesday, which is OCTA day!
The markets continue to be brutal as we are taking a double dip on a lot of nerves pertaining to China.
Here is the crypto market over the last seven days versus Bitcoin.
ETH is down nearly 5-6% on top of huge down days. SOL is almost at breakeven. XLM, LTC, and TON are down hard.
Bitcoin is down 6.25%.
However, everything across the board is ugly as can be.
The ETFs have not sold off too much unless you look at Ethereum on a percentage basis.
ETH took another big bath as everybody was dumping it. SUI is down $4.7 million. SOL is down $1.8 million.
XRP is breaking the trend, which is very bizarre. I do not know what
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