Kimchi premium recovers as KRWUSD drops to 15-year lowAs the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. 📖 α Weekly ResearchKimchi premium recovers as KRWUSD drops to 15-year lowAs the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap. Bitcoin options OI hits $44B as futures trading coolsTraders have pivoted to options as Bitcoin encountered resistance at $99,000. α Top Insights📖More α ResearchDrop in OTC balances shows large investors are accumulating discounted BitcoinThe sharp drop in OTC balances shows large investors are leveraging the dip to accumulate Bitcoin. Bitcoin tumbled to $95k after $540 million in long liquidationsLong liquidations highlight the peril of overleveraged trading as Bitcoin's rapid decline shatters key support levels. Options traders bet big on Bitcoin reaching $120K despite low oddsHigh open interest at $120,000 strike price shows the market is betting on a big finish for Bitcoin in 2024. |
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ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070
LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
domingo, 29 de dezembro de 2024
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BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe
ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070
LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
Kimchi premium recovers as KRWUSD drops to 15-year low