{"id":561330,"date":"2020-05-10T12:03:34","date_gmt":"2020-05-10T10:03:34","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=561330"},"modified":"2020-05-27T02:08:40","modified_gmt":"2020-05-27T00:08:40","slug":"bitcoin-btc-whale-leaves-twitter-reappears-on-bitfinex-pulse","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/bitcoin-btc-whale-leaves-twitter-reappears-on-bitfinex-pulse\/","title":{"rendered":"Bitcoin (BTC) Whale Leaves Twitter, Reappears on Bitfinex Pulse"},"content":{"rendered":"<p><strong>In brief:<\/strong><\/p>\n<ul>\n<li><strong>@Joe007 is a famous Bitcoin whale who for a long time, thrived on Twitter.\u00a0<\/strong><\/li>\n<li><strong>His trades were legendary with his profits running into the millions on Bitfinex.\u00a0<\/strong><\/li>\n<li><strong>Days after moving on from Twitter, he has reemerged on Bitfinex pulse.\u00a0<\/strong><\/li>\n<\/ul>\n<p>Earlier today, Bitcoin (BTC) pulled a fast one on unsuspecting traders as its value dropped quick and fast from around the $9,600 support zone to $8,100. This move came a few hours before the Bitcoin halving which is now a day away. Many traders were anticipating that such a dip would happen after the halving in a classic &#8216;buy the rumor, sell the news&#8217; type of way.<\/p>\n<h2>@Joe007\u00a0 Leaves Twitter To Protect His Trading Setups<\/h2>\n<p>The sudden drop in price has had many retail traders concluding that it was <a href=\"https:\/\/en.ethereumworldnews.com\/bitcoin-flashes-bearish-technical-signal\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin whales<\/a> who saw an opportunity to short BTC and did so en masse. One such whale who is famous for shorting Bitcoin is @Joe007 who recently walked away from crypto twitter on May 7th. @Joe007 deleted his Twitter account <a href=\"https:\/\/en.ethereumworldnews.com\/bitcoin-btc-outperforms-gold-in-ytd-returns\/\" target=\"_blank\" rel=\"noopener noreferrer\">around the same time BTC hit $10,000<\/a>. His departure led many to speculate that <a href=\"https:\/\/cointelegraph.com\/news\/new-bull-market-signal-bitcoin-bearwhale-vanishes-as-btc-hits-10k\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">he left because of the loss he incurred<\/a> from shorting BTC from around $6,800.<\/p>\n<p>However, @Joe007 posted an elaborate thread on Twitter where he explained his departure as a way of protecting his trading setups:<\/p>\n<blockquote><p>&#8230;I can&#8217;t really afford Twitter. There are many reasons why I can&#8217;t stay, unfortunately.<\/p>\n<p>Here is one. Trading is a dangerous, adversarial, high-stakes info game. It&#8217;s played against best-in-class, looking for any advantage. Your trade results and views being public gives them too much advantage over you. There are tools reconstructing my portfolio out there already.<\/p><\/blockquote>\n<h2>@Joe007 Reappears on Bitfinex Pulse<\/h2>\n<p>However, trader @Joe007 <a href=\"https:\/\/www.bitfinex.com\/pulse\/profile\/J0E007\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">has reappeared on Bitfinex Pulse<\/a> commenting on the recent sudden drop of Bitcoin via the following meme that was brought to our attention by the exchange&#8217;s CTO, Paolo Ardoino.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/05\/Joe007-on-Bitfinex-Pulse.jpg\"><img class=\"aligncenter size-full wp-image-561331\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/05\/Joe007-on-Bitfinex-Pulse.jpg\" alt=\"\" width=\"642\" height=\"468\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/05\/Joe007-on-Bitfinex-Pulse.jpg 642w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/05\/Joe007-on-Bitfinex-Pulse-300x219.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/05\/Joe007-on-Bitfinex-Pulse-240x175.jpg 240w\" sizes=\"(max-width: 642px) 100vw, 642px\" title=\"\"><\/a><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A message from J0E007 <a href=\"https:\/\/t.co\/GSTqGIIVb7\" rel=\"nofollow\">https:\/\/t.co\/GSTqGIIVb7<\/a><\/p>\n<p>&mdash; Paolo Ardoino (@paoloardoino) <a href=\"https:\/\/twitter.com\/paoloardoino\/status\/1259392036718985217?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">May 10, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>What is Bitfinex Pulse?<\/h2>\n<p>Launched in late April this year, Bitfinex Pulse is the crypto exchange&#8217;s homegrown social network that lets traders connect with each other and perhaps share ideas. The main aim of the platform is to provide an avenue for crypto content sharing. <a href=\"https:\/\/www.bitfinex.com\/posts\/469\" rel=\"nofollow noopener\">The announcement<\/a> by Bitfinex launching the platform further explains this as follows.<\/p>\n<blockquote><p>In response to customer demand, we&#8217;re excited to announce the launch of\u00a0Bitfinex Pulse, a social networking platform enabling our customers to connect with each other and get a trading edge.<\/p>\n<p>The launch of Bitfinex Pulse provides our growing customer base with a specialist crypto content distribution platform for traders. The platform will serve as an intuitive and fun way for our users to interact and share crypto news and views on market trends and developments.<\/p><\/blockquote>\n<p>(Feature image courtesy of Todd Cravens on Unsplash.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In brief: @Joe007 is a famous Bitcoin whale who for a long time, thrived on Twitter.\u00a0 His trades were legendary with his profits running into the millions on Bitfinex.\u00a0 Days after moving on from Twitter, he has reemerged on Bitfinex pulse.\u00a0 Earlier today, Bitcoin (BTC) pulled a fast one on unsuspecting traders as its value dropped quick and fast from around the $9,600 support zone to $8,100. This move came a few hours before the Bitcoin halving which is now [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":561332,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[800],"tags":[1233,7774,353,4204],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/561330"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=561330"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/561330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/561332"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=561330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=561330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=561330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}