📊 *What's up with the market?*

After yesterday's V-shaped recovery, the market has stabilized a bit and entered a consolidation phase (sideways movement). 🙏 We hope the $4060 zone for ETH was the bottom, and we won't see a break below it—which would likely trigger a flush and even greater panic.

*🐋 BTC whales are also bullish on ETH.*

For example, yesterday one of them sold off part of their BTC—660 coins—and used the funds to open $300 million worth of long positions on ETH from 4 different wallets with 10x and 3x leverage.

*_đŸ€Ą And of course, not without a scandal:_*

You've probably all seen the news by now that Kanye West launched his YZY token, where once again, the main beneficiaries were mostly insiders:

âšȘ Similar Scheme: The launch follows a scheme similar to the LIBRA token, where only YZY was added to the liquidity pool without USDC. This allowed the developer to sell YZY by adding/removing liquidity.

âšȘ The Same Team? đŸ€” Rumors are also circulating that the same team behind the LIBRA launch is behind this one, as the court just unblocked $50M USDC for them yesterday. Coincidence?

âšȘ Insider Fumble: 😂 A funny moment happened with an insider who knew about the token launch and rushed to buy: they ended up buying a scam token for $710K. But later, they bought the real one for $761K and ended up making a $1.5M profit. At its peak, the token's market cap was $3.17B, and then—as per tradition—it was only down from there.$BTC $ETH $SOL #BNBATH880 #CryptoRally #AKEBinanceTGE #MarketPullback #BinanceHODLerPLUME