Andy BSC narxiANDY

RT @andy_on_bags: Community is King in defi , first spaces scheduled for tomorrow to get to know the early supporters of $ANDY on @BagsApp…

RT @andy_on_bags: Spaces soon set your reminders and come through Team will be giving away 420,000 $ANDY to 3 listeners during this space…

LD Capital Founder Andy Li: To launch the unified Liquid Capital brand series name, heralding the dawn of a new era in global on-chain finance

$ANDY idea I would only take this if there are confluences from USDT.D, TOTAL2, BTC or ETH. The more confluences the better. My best guess would be we might have seen the bottom on $ETH but $BTC might revisit the lows once more, however this is speculation from my side. Trade the levels, look for confluences. In case I hit a good entry on $ANDY I'd be willing to trail the position and let it run as long it will be giving.

#Ethereum's exit from the validator queue is worth nearly $2 billion, possibly due to stakers' concentrated profit-taking after a 160% increase As of the afternoon of July 23rd, Eastern Time, the #Ethereum validator exit queue has accumulated 519,000 $ETH, which is about 1.92 billion US dollars at the current price. The waiting time for exit has exceeded 9 days, reaching a new high since January 2024. Analysis shows that this exit wave is mainly affected by the concentrated profit-taking after $ETH rebounded 160% from its low point in April. Andy Cronk, co-founder of Figment, said, "When prices rise, both retail investors and institutions will choose to unstake and cash in their profits." It is worth noting that #Ethereum treasury companies SharpLink Gaming and Bitmine have frequently purchased $ETH in the market recently, and some institutional investors may choose to unstake and make physical contributions to participate in such projects. Matthew Sheffield, head of spot trading at FalconX, said that many $ETH treasury projects have been active in the market in recent weeks, and the surge in exit queues may be related to this. Despite the increase in the number of unstaking, the demand for staking remains strong. Currently, there are about 357,000 $ETH (worth $1.3 billion) waiting in line for staking, and the waiting time in the queue exceeds 6 days, which is also the highest since April this year. Since the SEC made it clear on May 29 that staking does not violate securities laws, institutional participation has increased significantly. Data shows that the number of active validators has increased by 54,000 since late May, approaching the historical high of 1.1 million. (CoinDesk)