Just in; Insider Whale suffered losses in the recent market crash.
The 81.5 million floating loss recorded by the 1011 insider whale reflects the market’s ongoing deleveraging phase driven more by broader macroeconomic forces than crypto specific fear uncertainty and doubt.$PIPPIN
Such losses among major holders often come before wider market resets consistent with past cycles where concentrated liquidity becomes the main source of pressure.$RIVER
The speed at which the loss occurred within two hours highlights elevated volatility and the tight interconnection of large positions in the current market environment $BULLA
Confirmed; What just happened in the recent market crash. Gold $XAU has fallen 8.2 percent wiping out nearly 3 trillion dollars in market value. $XAG Silver dropped 12.2 percent erasing about 760 billion dollars from its market cap.
The S and P 500 declined 1.23 percent losing roughly 780 billion dollars. Nasdaq fell more than 2.5 percent removing around 760 billion dollars in value. Trillions of dollars were wiped out across metals and equities within the last hour. $BULLA
Gold $XAU has officially surpassed US Treasuries in central bank foreign exchange reserves for the first time in at least twenty years.
Global official gold holdings at market value have reached about 5.0 trillion dollars exceeding foreign official holdings of US Treasuries at 3.9 trillion dollars.$BULLA
Since the fourth quarter of 2019 gold holdings have tripled driven by heavy central bank buying and rising prices. During this period central banks have added roughly 4500 tonnes of gold including purchases that were not publicly reported. $RIVER
Meanwhile foreign holdings of US Treasuries have stayed flat. Gold is reshaping the global monetary system