Legal drama heats up as US prosecutors push for a 12-year prison sentence for Do Kwon, the mind behind Terra's collapse. Meanwhile, the market's going wild over a single word—Trump dropped a "BIG" post and sent $BIG skyrocketing nearly 19,000%. Not the only mover though. $PIPPIN's back at it, climbing another 120% and keeping traders on their toes.
On the institutional front, Strategy just locked in a massive $1.44 billion reserve, signaling serious confidence. Grayscale's making moves too, filing for a $SUI ETF that could open new doors for investors. And BitMine? They went big, scooping up $199 million worth of $ETH. Looks like the whales are positioning themselves while retail chases the next pump.
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CryingOldWallet
· 9h ago
Do Kwon this thing is really incredible, 12 years... But speaking of which, the market doesn't care at all, a single word from Trump and the coins skyrocket, the level of manipulation is outrageous.
The crypto world is always like this, institutions are deploying hundreds of millions, retail investors are still chasing those hype-driven trash coins... serves them right.
BitMine directly invested 200 million USD to buy ETH, it seems that the big players have already made up their minds.
This round of market seems to be a process where institutions harvest retail investors, really.
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DeFiCaffeinator
· 12-09 19:48
Do Kwon's situation is really wild, started back in 2012... But speaking of which, Trump just says "BIG" and the price pumps 19,000%? What kind of magic is that?
Big whales are accumulating, retail investors are chasing the top, it's always the same story.
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HappyMinerUncle
· 12-08 21:04
Do Kwon is really going to prison this time, 12 years... By the way, Trump just mentioned a coin and it pumped 19,000%? The absurdity of this is mind-blowing.
While the whales are quietly accumulating, us retail investors are still chasing the hype, always a step behind, haha.
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NeverVoteOnDAO
· 12-08 20:50
The Do Kwon incident should have been resolved a long time ago. 12 years is quite a heavy penalty. Always dreaming of skyrocketing ends up in a straight downfall.
Trump—one word can surge 19,000%? That’s insane. Retail investors chasing the top here really make me worry for you.
Institutions are quietly accumulating, while we’re here staring at candlestick charts. The gap is truly huge.
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GhostAddressHunter
· 12-08 20:47
Do Kwon is facing 12 years in prison, but the market is going crazy over just one word from Trump... The contrast is unreal.
Trump just opens his mouth and the coin price skyrockets. Retail investors are still dreaming, but institutions have already jumped in.
The big whales move fast, throwing in $144 million, and what about us? Still waiting for the next pump.
BIG up 19,000%? That can't be real... This is just the prelude to retail getting rekt, it'll be a bloodbath by then.
ETF is here, is this really the start of the institutional route? Or just another trick to fool retail investors?
PIPPIN up another 120%, damn, I should've gotten in earlier—totally missed out.
BitMine spends $20 billion hoarding ETH. They're just playing money games, while we're just getting scraps.
With this round of institutions buying the dip, regular people are just waiting to get dumped on. Without insider info, it's impossible to play this game.
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BearHugger
· 12-08 20:44
Do Kwon getting 12 years is pretty harsh... By the way, Trump says one sentence and the coin price jumps 19,000%. That's some insane level of manipulation—retail investors just can't compete.
Institutions are accumulating while we're still chasing trends, it's always the same old story.
Legal drama heats up as US prosecutors push for a 12-year prison sentence for Do Kwon, the mind behind Terra's collapse. Meanwhile, the market's going wild over a single word—Trump dropped a "BIG" post and sent $BIG skyrocketing nearly 19,000%. Not the only mover though. $PIPPIN's back at it, climbing another 120% and keeping traders on their toes.
On the institutional front, Strategy just locked in a massive $1.44 billion reserve, signaling serious confidence. Grayscale's making moves too, filing for a $SUI ETF that could open new doors for investors. And BitMine? They went big, scooping up $199 million worth of $ETH. Looks like the whales are positioning themselves while retail chases the next pump.