There is a possibility that the crypto world falls very hard in the period between June 27th and June 30th for the following reasons:-
June 30th is the last day of Q2 and also is the last day of 1H (first half) of the year 2022.
A lot of the big crypto companies going through a financial crisis will be forced to liquidate their crypto assets to repay debts and loans, which will disturb the supply-demand scale in favor of the supply, which will push the prices down.
June 30th is the day when the rais of the financial interests of the US federal reserve is done, and also it is the day that will complete the financial tightening for the current month, and prepare for next month's financial tightening
The 3AC situation
The 3AC is a hedge fund had about 400 Million dollars of Luna (Before the crash), I don't even need to tell you how much doses it is worth now.
but what you need to know is this 400 million are loans from platforms such as Voyager, and of course, those people want their money back, this loan was covered by 15,250 BTC deposited as a guarantee!
Now the lenders asking for their money, in USD, I'm sure you can see where this going, a single liquidation of 15,250 BTC is on the horizon.
My advice is to leave for today and tomorrow, Just watch and learn, don't risk your money at all!
