
Johnny Utah
@CRAYsecurity
Cyber | Bitcoin | Punk 4891 | Pudgies | Angel
قد يعجبك
The time is right... Thanks to @fidenzamacro @0xlostwisdom @punksOTC and many of my Punk friends along the way. Glad to be in the club.

It's a new day. Sorry to those who may be in a rough spot. If you are new, yesterday was your initiation into crypto.... We've all been there. It's constant learning, and build a strategy that works for you. $PNKSTR update Total MC $142M Total volume- ONLY 6.36 M-…

For spot positions, besides $BTC $ETH $SOL... For the speculation bag, let's assume alts may have another leg down. I'd like to hear what you are buying... and buying with size or DCA? What are you interested in holding for the next year?
If you’d like to understand perps, this is a great thread on perps and auto-deleveraging (how it works). Assume most know this, but I’ll restate. When you are trading leverage, you are trading USDC … not the underlying spot. @0xdoug
1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer. What is ADL? How does it work? And why does it exist?

The rise of perp DEXs led to the massive drawdowns yesterday. The top liquidation days in recent years Covid crash: $1.2B in liquidations FTX crash: $1.6B in liquidations Black Friday: $19.14B in liquidations Alex is right, yesterday may prove to be one of the best…
Covid crash: $1.2B in liquidations FTX crash: $1.6B in liquidations Yesterday 10/11: $19.14B in liquidations The first 2 were literally the best days of the last decade to buy. Yesterday will probably be the third.
Will hold off until the morning for the next $PNKSTR report... Overall market cap holding $129M, Punkstr and Birbs down another 30% in the carnage today. Good Vibes Club up 18% on the 24 hr. Time to get some rest. Tomorrow is a new day.
Probably one of the most severe flushes I’ve ever seen on alts, I didn’t even imagine alts had this much leverage in them. It feels like someone got hit very hard and will see a large body float to the surface soon, reminds me a little of summer 2021. Good reminder to myself to…
Hyperliquid closed my 24x $ETH short.... Auto Deleveraging , who knew?

I'll say it again... bull is not over. Be bullish when others are bearish.
Wild day in the equities market! Have a position in @FWDind that is getting rocked. I have the shares on loan and the rate is increasing (short interest increasing) that is paying 412.75%.... $FORD is chaired by @KyleSamani and I wouldn't bet against him. Check it out…

Thanks @Khallid4397 Busy day, was planning to update $PNKSTR but pumped to be added to the @fantasy_top_ arena. If you are looking for mid-tier poster, put me in!

Never doubt @jackbutcher and well done to @Rhynotic for experimenting ... Floor dumped to .36 and recovering and the treasury in tact ...

A quick look at the supply for Checks... 9,138 Originals + Editions 342 is the Editions listed 2,666 collectors and some flippers Wondering what Jack has in mind- suspect we will see some supply drop/ mechanism TBD.

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