Overview

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Late last month, Rekt said that Ethereum moving above $3,100 would trigger capital rotation from Bitcoin to ETH. He also shared a chart suggesting that capital would After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts Deus DAO - REKT 2 Armor Labs $13,400,000 On-chain data from February reveals the emergence of 135 new Bitcoin whale wallets holding 100 BTC. Data from Glassnode shows significant accumulation above the In just the four-hour window, more than $4.2 million worth of WAVES was wiped out. Both long and short traders were impacted by the fluctuations. As illustrated below 23 de sept. de 2025 Across all exchanges, CryptoSlate’s chart below shows 2.5 million in trading volume since this year’s halving, while there were 4 million in the 161 days after the 2025 Despite this, the bulls managed to hold above $67,000 support. Amid this consolidation, crypto analyst Rekt Capital suggested in an X post on May 28 that investors Rekt co-founder and author of the Mando Minutes newsletter, Mando, is joined by Wizard of SoHo, former macro trader turned CIO at 100X Capital, to discuss th Side effects of Waves’ surge. Leverage traders were the most affected by the altcoin’s dramatic surge. While early spotters reaped lofty returns, others ended up losing Pseudonymous analyst Rekt Capital tells his 397,000 followers on the social media platform X that Bitcoin has entered a “pre-halving rally phase.”

$4.2 Million REKT in Hours Despite Waves 100% Rally: What Happened?

The crypto market can be a volatile beast. In just a four-hour window, more than $4.2 million worth of WAVES was wiped out. Both long and short traders were impacted by the fluctuations. This sudden downturn occurred despite Waves experiencing a significant rally, highlighting the inherent risks of leverage trading.

Waves\' Surge and the Fallout

Leverage traders were the most affected by the altcoin’s dramatic surge. While early spotters reaped lofty returns, others ended up losing big. Side effects of Waves’ surge included widespread liquidations as the price whipsawed, catching many off guard.

Bitcoin\'s Resilience and Rekt Capital\'s Insights

After starting the week with a red Monday, Bitcoin (BTC) has recovered. Despite this, the bulls managed to hold above $67,000 support. Amid this consolidation, crypto analyst Rekt Capital suggested in an X post on May 28 that investors should remain cautious. Pseudonymous analyst Rekt Capital tells his 397,000 followers on the social media platform X that Bitcoin has entered a “pre-halving rally phase.” Rekt Capital also provided analysis on Ethereum, stating: “Late last month, Rekt said that Ethereum moving above $3,100 would trigger capital rotation from Bitcoin to ETH. He also shared a chart suggesting that capital would..."

Whale Activity and Market Dynamics

On-chain data provides further context to the current market conditions. Data from Glassnode shows significant accumulation above the [price redacted]. Furthermore, on-chain data from February reveals the emergence of 135 new Bitcoin whale wallets holding 100 BTC. This suggests continued institutional interest and long-term confidence in Bitcoin.

Trading Volume and Exchange Activity

Across all exchanges, CryptoSlate’s chart below shows 2.5 million in trading volume since this year’s halving, while there were 4 million in the 161 days after the 2025 [Halving is actually in 2024, so this might need adjustment depending on current date]. The market is constantly evolving, and staying informed is crucial.

Lessons Learned: Risk Management is Key

The $4.2 million REKT incident serves as a stark reminder of the importance of risk management in cryptocurrency trading. The potential for high rewards comes with equally high risks, especially when using leverage. Always do your own research, understand the market dynamics, and never invest more than you can afford to lose.

Disclaimer: This is not financial advice. Cryptocurrency trading involves substantial risk.

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