Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Lookonchain Profile picture
@lookonchain
Feb 16, 2023 • 7 tweets • 5 min read • Read on X
Scrolly
1/ Why did the price of $BTC/$ETH suddenly rise today?

We found that several funds/institutions poured nearly $1.6B into the crypto market since Feb 10!👇
2/

We analyzed the data on $USDC deposits and withdrawals on #Circle from February 10th to today.

As can be seen from the figure below, several funds/institutions withdrew ~1.6B $USDC from #Circle and only deposited ~0.2B $USDC.
3/
The mysterious fund shared before didn't stopped pouring money into crypto market as BTC/ETH drops.

His address "0x308F" has withdrawn 155M $USDC from #Circle and transferred to exchanges since Feb 10.

If you join our channel, you will be notified.
4/
And it seems that this mysterious fund also withdrew 397M $USDC from #Circle through another address "0xad6e" and transferred to exchanges since Feb 10.

Because address"0x308F" and "0xad6e" transferred $USDC to exchanges through the same addresses.

etherscan.io/token/0xa0b869…
5/
Another mysterious fund “0x3356” withdrew 953.6M $USDC from #Circle and transferred to exchanges.

It seems that today's rise in $BTC prices has something to do with this fund.

etherscan.io/token/0xa0b869…
6/
Another fund related to FalconX also withdrew 143M $USDC from #Circle.

etherscan.io/address/0xa9d6…
7/
Do not forget to follow @lookonchain and join our telegram group to receive alpha information.
t.me/lookonchain

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Lookonchain

Lookonchain Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @lookonchain

Lookonchain Profile picture
Nov 19
What happened to $eliza and $ELIZA?

AI16z partner @shawmakesmagic tweeted that they freed $eliza and deployed a new token called $ELIZA!

Many insiders bought a massive amount of $ELIZA and dumped it!

1/ Let's dive in! Image
2/ Wallet"FEbv...4ZcW" deployed $ELIZA at 06:01:41 UTC.

Someone created 10 wallets and used them to buy 69.05M $ELIZA($5.2M currently) with 2.07 $SOL($503) at the same second the token was deployed.

The 69.05M $ELIZA has been transferred to new wallets and has not been sold. Image
Image
3/ GxkX...W2Yg is suspected by the community to be Logan(@futjr_)'s wallet.

GxkX...W2Yg sold a large amount of $eliza before $ELIZA was deployed and spent only 24.2 $SOL($5.9K) to buy 233.12M $ELIZA($17.67M currently), becoming the largest holder of $ELIZA.

solscan.io/account/GxkXGe…Image
Read 7 tweets
Lookonchain Profile picture
Nov 7
1/ Whale "walletmobile" is a legend!

He made $5.94M in just one day by betting on #Trump!

He earned $8.44M by trading $LINK in 2023.

He currently has an unrealized profit of $6.3M on $AAVE.

And today, he borrowed 33M $USDC from #Aave to buy 11,493 $ETH. Image
2/
Today, 2 wallets(belonging to the same whale) borrowed 33M $USDC from #Aave to buy 11,493 $ETH at $2,871.

One of the wallets was funded by the whale "walletmobile".

etherscan.io/address/0x3622…
etherscan.io/address/0xa923… Image
Image
3/ On November 5th, "walletmobile" spent $9.95M betting on #Trump to win the #USelection.

One day later, he sold all his positions, netting $5.94M!
Read 6 tweets
Lookonchain Profile picture
Nov 3
The $Pnut market cap exceeded $120M, making many traders rich overnight!

1/ Let's dive into the story of $Pnut. 🧵 Image
2/ In 2017, Mark Longo rescued a squirrel involved in a car accident, named it Pnut (short for Peanut), and shared photos and videos of Pnut on social media.

Pnut quickly gained a large following thanks to its adorable looks and playful personality.

However, on Oct 30, the New York State Department of Environmental Conservation (DEC) received complaints of “unlawfully possessed” animals. Pnut was taken away and euthanized for rabies testing.

The death of Pnut sparked widespread controversy on social media, even attracting the attention of public figures.Image
3/ Pnut is not the first animal to be caught and killed.

Harambe(gorilla) was shot by zoo staff because they were worried that Harambe would hurt a little boy.

A #MEMEcoin named $Harambe was created, and its market cap quickly reached $80M as social media fermented.

So a #MEMEcoin named $Pnut also appeared.Image
Read 10 tweets
Lookonchain Profile picture
Oct 27
1/ Michael Bouhanna(@michaelbouhanna) bought many #MEMEcoins but made almost no money!

So he used his wallet "5W7U...b3cV" to launch a #MEMEcoin named $Ban and made more than $1M on $Ban with just one insider wallet!

👇👇👇 Image
2/ @michaelbouhanna once publicly commented that "5W7U...b3cV" was his address(the post has been deleted by him).

"5W7U...b3cV" is the deployer of $Ban. Image
Image
3/ The funds of "5W7U...b3cV" came from "EwVB...mD2".

"EwVB...mD2" traded many #MEMEcoins but made almost no money!.

On Oct 22 alone, he traded more than 10 #MEMEcoins on .

Therefore, he used the wallet "5W7U...b3cV" to launch $Ban to make money. Pump.funImage
Image
Read 6 tweets
Lookonchain Profile picture
Oct 17
What a smart money!

Made $2.19M on $PEPE, $1.7M on $SPX, $1.37M on $MOG, and $207K on $WOJAK!

1/ Let’s dig into his trades to see what he is buying! Image
2/ Recently, as the price of $SPX has risen, the smart money has been selling $SPX for profit and buying more $PEPE and $WOJAK. Image
3/ This smart money spent $57K to buy 10.1M $SPX from Dec 19, 2023, to May 21, 2024, and then sold 9.1M $SPX for $1.12M after the $SPX price rose, leaving 1M $SPX($636K).

He made a profit of $1.7M on $SPX! Image
Read 7 tweets
Lookonchain Profile picture
Aug 29
1/ The price of #Bitcoin experienced two major crashes in August!

Will it keep dropping or bounce back from the bottom?

Let's use 5 indicators to decide whether to escape from the #Bitcoin top. Image
2/ Rainbow Chart

The Rainbow Chart is a long-term valuation tool that uses a logarithmic growth curve to forecast the potential future price direction of $BTC.

The NEW Bitcoin Rainbow2023 Chart shows that $BTC is still cheap.

blockchaincenter.net/en/bitcoin-rai…
Image
3/ Relative Strength Index (RSI) Chart

≥ 70: BTC is overbought and may soon fall. ≤ 30: BTC is oversold and may soon increase.
The current RSI is 61.87, compared with previous data, it seems that $BTC has not yet reached its peak.

charts.bitbo.io/monthly-rsi/
Image
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(