Posts

Showing posts with the label crypto wallet

Andrew Tate’s crypto wallet shows nearly $600K in losses

Image
Controversial influencer Andrew Tate is learning the hard way about blockchain transparency. On Tuesday, Tate took to X (formerly Twitter) to flex a massive +138.5% return on an ETH long position using 25x leverage on Hyperliquid, a rising decentralized perpetuals exchange (DEX).  His post included a Hyperliquid-branded trade screenshot and a referral link, an apparent attempt to capitalize on the buzz and drive affiliate signups. Andrew Tate’s now deleted tweet. Source: X But Tate may have underestimated the transparency of on-chain platforms. While centralized exchanges (CEXes) can obscure account identities, DEX trades are fully public, tied to wallet addresses. Crypto sleuths quickly traced the wallet behind his Hyperliquid trade, exposing a much less glamorous truth.  According to data from portfolio tracker Hyperdash, the wallet currently shows a cumulative PnL of -$597,302.89, reflecting total losses across all past trades . In other words,...

Bitcoin Price Prediction: As Michael Saylor Hints At New BTC Buy Today, This Crypto Wallet Surges Past $6M In Presale

Image
The Bitcoin price dropped 1.4% in the last 24 hours to trade at $96,059 as of 02:12 a.m. EST on trading volume that surged 63% to $35 billion. This comes as MicroStrategy co-founder Michael Saylor posted a Bitcoin chart from the SaylorTracker website on Dec. 29. Saylor, who is a BTC permabull, has often posted a BTC chart on Sundays before making a BTC purchase the following day. Disconcerting blue lines on https://t.co/Bx3917zMqi. pic.twitter.com/xPl4GTKU3E — Michael Saylor⚡️ (@saylor) December 29, 2024 Bitcoin Price Aims For A Bullish Trend Reversal The Bitcoin price Analysis on the 4-hour timeframe displays a distinct transition in price behavior over the past few weeks. Initially, the Bitcoin price exhibited a strong bullish trend, with a clear upward trajectory highlighted by a series of higher highs and higher lows. This momentum was supported by the 50-day Simple Moving Average (SMA) consistently staying above the 200-day SMA, indicating a bullish cros...