Bitcoineo ๐ฒ
@Bitcoineo
After $VVV scandal, a lot of holders unstaked and will sell while onchain liquidity is tiny.
Upcoming sell pressure:
โข 134 766 VVV ($1.55M) tomorrow
โข 116 764 VVV ($1.35M) 10th July
โข 100 530 VVV ($1.16M) 12th July
Excellent short opportunity if you ask me.
Jul 6
27815.0K19
Bitcoineo ๐ฒ
@Bitcoineo
Don't see a better opportunity onchain than shorting $VVV for the next seven days.
Unstaking queue went up 1646%.
OI and volume are at ATL while 5.5M USD are waiting to be unstaked and likely sold.
Aug 7
26713.7K17
Bitcoineo ๐ฒ
@Bitcoineo
Made a tracker to help you monitor onchain $VVV unstakes and withdrawals.
It'll help you visualize upcoming selling pressure:
๐ https://t.co/B3tseV6N00 https://t.co/366ADHOLuf
Aug 8
3555.5K15
Bitcoineo ๐ฒ
@Bitcoineo
Excellent analysis on $VVV scandal:
Jul 4
145.4K5
Bitcoineo ๐ฒ
@Bitcoineo
Since $VVV give their stakers lifetime compute, it's a liability on @AskVenice balance sheet.
Their plan should be to buy back the whole supply for cheap to reduce the free compute they're giving away and charge user real dollars for it.
Fair valuation is around 2.5$ with current data.
Jul 9
3374.6K6
Bitcoineo ๐ฒ
@Bitcoineo
Fully exited my $VVV short at BE.
Thank God I built my position using scale-in orders, otherwise I'd be deep in the red.
Still convinced this will go much lower, I just don't know when, and on-chain data isn't on my side right now:
โข A whale started to ape $5M spot in DCA, buying $2,500 worth of VVV every 5 minutes. Will run out of money in a few hours, but could top up to start another batch soon
โข Unstaking queue is super low, as a massive 220k VVV exit just happened. Will kill the chart if
Jul 27
1453.8K7
Bitcoineo ๐ฒ
@Bitcoineo
Unstaking queue for $VVV significantly UP since their last equity raise.
Holders are leaving the shrinking ship. Expecting selling pressure to continue. https://t.co/RbLPYf13Q4
Jul 11
1333.6K5
Bitcoineo ๐ฒ
@Bitcoineo
Hey @JasonYanowitz, can you please add $VVV in Token Transparency Framework?
I'm sure it'd be helpful for a lot of people. You already covered it in your recent @theempirepod so shouldn't take you too much extra dd time.
Jul 5
253.5K
Bitcoineo ๐ฒ
@Bitcoineo
I'm talking about this kind of constant selling pressure on $VVV: https://t.co/9MLaVY86DP
Jul 22
1213.5K6
Bitcoineo ๐ฒ
@Bitcoineo
Seems like $VVV stakers and insiders didn't like the 33% cut of their rewards.
That's 4,500,000$ of potential selling pressure in the next seven days. https://t.co/jLJSzo7OJl
Aug 6
222.1K3
Venice-related activity by @Bitcoineo on X โ data publicly available, refreshed daily. Profile cached 3d ago.
