My current Market View summary 🤥
This view is incorrect when $BTC closes below 107K, and it serves my personal investment purposes; you can refer to it.
I still maintain a bullish view on $BTC if it closes above the 112,600 range today.
However, there is news tonight, so it might be quite volatile; be careful with your Long/Short positions, it's better to be cautious, haha 🤣
Justin Sun's response after the incident where a Trump family advisor had all purchased tokens frozen 🧐
Key points summary:
1⃣ Justin Sun is an early major investor in World Liberty Financials (WLFI), contributing both capital and trust to the project; however, his tokens were frozen unjustly.
2⃣ He demands the team respect the principles, unlock the tokens, and move forward together as previously agreed; freezing the tokens not only violates investor rights but could also damage trust in $WLFI.
Previously, the Trump family accused Justin Sun of raising the APR on $WLFI to attract users to deposit coins on the exchange so he could sell and short to optimize profits.
However, Justin Sun asserts that "no dumping activity took place, it was just a withdrawal/deposit test."
On-chain data recorded about Justin's wallet:
- He is the top 9 holder right at TGE.
- Transferred $891M $WLFI into Lockbox.
- After that, Lockbox distributed a corresponding amount of $WLFI received from Justin into numerous small wallets.
- ~30% of those wallets sold $WLFI on Binance, Coinbase, and 1inch.
What do you think, who is right and who is wrong in this story 🤣 but freezing tokens is indeed a bit ridiculous.
19.42K
5
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.