The Kobeissi Letter
The Kobeissi Letter|Mar 02, 2025 21:05
This is unusual: 24 hours ago, someone took 200,000,000 worth of Ethereum and Bitcoin longs on 50x leverage. This meant even a 2% drop in Bitcoin would liquidate 200M. Today, President Trump announced the US Crypto Reserve including BTC and ETH. Did someone know?
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