In what can only be described as another perfectly normal day in the completely rational world of cryptocurrency, here are three stories that prove the digital universe is just as absurd as the physical one. 🎢
In a move that would make even Marvin the Paranoid Android feel optimistic, an Ethereum “OG” (Original Galactic-minded investor) has decided to part ways with a whopping $17 million worth of ETH. This particular whale, who had been hibernating longer than a Vogon poetry appreciation society meeting, chose to sell their ETH at $1,600 – completely ignoring the previous $4,000 peak because, obviously, that would have made too much sense. 🐋 The whale acquired their ETH back in 2016 when it cost roughly the same as a slightly used towel ($8). The timing of this sale is about as perfect as the placement of a “Beware of the Leopard” sign in a dark basement.
Meanwhile, in a twist that would make the Infinite Improbability Drive proud, 85% of Bitcoin holders are still swimming in profit despite recent price fluctuations that would make a heart of gold skip a beat. 🎢 The cryptocurrency temporarily visited the $74,700 neighborhood (a lovely place this time of year) before deciding it preferred the more upscale $82,000 district. This rollercoaster ride was courtesy of some Earth-based political shenanigans involving tariffs and the sort of economic warfare that would make the Golgafrinchans proud. 📈
And finally, in what could only be described as a Pan Galactic Gargle Blaster of a trading day, Dogecoin traders managed to liquidate an impressive 71,190,773 DOGE in 24 hours. 🐕 Short traders, proving that they know about as much about market timing as a sperm whale knows about ground approaching at terminal velocity, lost $6.81 million compared to their long-trading counterparts’ $4.45 million loss. The meme coin, showing the kind of resilience usually reserved for plastic packaging, is now trading at $0.1576, much to the confusion of anyone who thought they understood how markets work. Don’t panic – this is all perfectly normal in a universe where digital dogs can be worth billions. 🚀
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2025-04-11 19:22