
Greeks.live|Apr 14, 2025 11:23
http://Greeks.Live Community Daily Digest
Published: 2025-04-14
Overall Market Sentiment
The group is bearish on Bitcoin with key traders watching the 82-84K level as resistance and expecting more downside. There is significant disagreement on altcoins with some traders seeing opportunities in shorting overvalued tokens while others remain cautious about timing these trades given potential manipulation.
OMUSDT Collapse - Short Vindication
• OM token experienced a catastrophic collapse from 7 to near 0 in minutes, with one trader's 41-day short position yielding 4 million unrealized profit
• The crash appeared to be triggered by some form of deliberate weekend manipulation as OI dropped from 130 million to 50 million during the collapse
• Multiple traders noted the token's suspicious price action was likely due to 90% of supply being controlled by a single wallet
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink