"Top TST Address Misses $1.75M Profit in 22-Hour Liquidation"

The top address holding TST has been gradually liquidating its position over the past 22 hours, potentially missing out on a profit of $1.75 million. According to a tweet by CZ, the address "0xeBB...74711c" initiated a $35,000 position in TST in the first five minutes and had closed its position, resulting in a profit of $379,000 with a return rate of 1060%. Based on the current price of $0.06195, the potential profit from selling at $0.175 is $1.75 million.

This news comes amidst a period of sideways trading for BTC and new lows for altcoins, raising questions about the end of the bull market. Meanwhile, an EF researcher has suggested that the current ETH issuance curve is a trap and proposed the "Bull Horn Bread" issuance model as an alternative. Additionally, Meteora has been introduced as an alternative to meme farming, offering liquidity provision as an option.

As the market continues to evolve, on-chain detectives remain vigilant in monitoring these developments. The gradual liquidation of the top TST address serves as a reminder of the importance of staying informed and adaptable in the dynamic world of cryptocurrency investing.