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Trump Pauses as Market Whales Play High-Stakes Crypto Games
The opinion suggests that Trump is currently on hold, with a 50% tariff delay for the EU extended until July 9th, possibly indicating he needs a break from his own policies. Big market players ('whales') continue their active trading, with one OTC whale purchasing 30,000 ETH for $75.39 million at $2,513 and already making a profit of $1.52 million, having previously taken out $23.73 million during ETH's rise. Meanwhile, James Winn lost $15.87 million on a short of Bitcoin in 15 hours but quickly recovered, making $28 million USDC and securing a profit of $25.2 million. He then went long on PEPE with x10 leverage and today is again long on Bitcoin holding 684 BTC ($75.34 million) with x40 leverage, risking liquidation at $103,120. He seems to be in an unstable state.
At a dinner with Trump, guests noted the poor quality of the meal and that the president's speech was nearly all nonsense, according to Cointelegraph. Various crypto projects and social groups are actively engaged, with references to multiple trading platforms, games, and memetic projects. Recently, market prices fluctuate within the context of active trading and risky moves, with notable volatility.
The overall market sentiment appears volatile, with high leverage gambling and significant risks present. The traders and whales seem to be pushing and pulling the market with aggressive strategies, which could lead to potential sharp swings or liquidations. Caution is advised for retail traders versus the aggressive moves of large players.
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AI Analysis
The current landscape indicates a period of heightened volatility driven by macro-political events and active large-scale crypto trading. The delay in tariff escalation by Trump, extended until July 9...
AI Recommendation
Given the current high volatility and the presence of aggressive trading strategies with high leverage, retail traders should exercise extreme caution. It is advisable to avoid highly leveraged positi...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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