Tiago Costa retweeted
This is really sad.
A trader won 10 trades in a row and made $6.32 million in profit.
Now he's down $6.76 million on a single $ETH trade, wiping out all of that profit and leaving him with a $527K loss overall.
Tiago Costa retweeted
Welcome to Portugal, @discord! 🇺🇸🇵🇹 Your first engineering hub outside the U.S. puts Lisbon's talent to work on the tech powering a global platform. The future of tech will be built by trusted partners across borders, with American superstars continuing to lead the way.
Tiago Costa retweeted
The entire long side liquidity has been cleared.
On 29th October, Binance said they have failed to recover $3B from the hack.
Since then, nearly $4.1B in leveraged positions has been liquidated on Binance, and the crypto market has dropped almost 16%.
Must be a coincidence, right?
Tiago Costa retweeted
Aave DAO has passed Babylon’s ARFC proposal with 100% approval to let users collateralize native Bitcoin on Aave V4 without wrapping, bridging, or third-party custody.
BTC would be locked in a Taproot vault, with an initial 78% loan-to-value ratio. The proposal now moves to a final AIP vote, with mainnet targeted for late 2026.
Read the full article:
coincamps.ai/article/t35262
Tiago Costa retweeted
GOOOD MORNING CRYPTO!!!!
✅ CAPITULATION
✅ 200W MA HIT AGAIN
✅ BOTTOM NOW
⏳ VALHALLA 🚀🚀
BULLLMAAAANIAAAAAA
Tiago Costa retweeted
Binance has covered all $6.3 Billion in user assets lost.
How? Forcing everyone out of their trades. Market manipulation.
Volume is extremely low right now, and I know why.
For the past couple of days I’ve been posting about the same pattern. Since the hack, Binance futures kept pushing price into liquidation zones while spot buyers quietly absorbed it. Then the pressure slowed. Then it came back. Same exchange, same pattern, same liquidation clusters getting hit again and again.
Now the market has gone quiet. Most market makers are sitting on the sidelines, and the little flow left is still dominated by Binance, with spot buying and futures selling at the same time.
Put it all together and it looks a lot like Binance has used the market to win back what it lost in the hack.
Push price down with futures. Liquidate the longs. Let panic do the rest. Buy the coins people are forced to dump on spot, cheaper. Repeat until the job is done.
And now that volume has dried up, it feels like the job might be close to finished.
I can’t prove it. But I’ve watched this flow every day since the hack, and it hasn’t looked like a normal market once.
When the pressure fully lifts and the other market makers come back, spot will show where price wanted to go all along.
Tiago Costa retweeted
🚨 JUST IN: $BTC slips toward $68K as its market cap drops over $60B in a day to $1.37T, its lowest level in nearly 3 months.
Over the past six weeks, about $370B has been wiped out, a 21% decline from early October.
