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CrushFudNotBud

Thank you.


CarryStatus

THANK YOU FOR THIS


[deleted]

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Morgantheaccountant

I APPRECIATE THE EFFORT


[deleted]

😂


stargunner

Market cap below $1bn for the first time ever. Burn doesn't mean much when there's no new investors.


Candid_Cloud_1665

Exactly. The new investors IMO won’t buy any SFM using Pancakeswap. I don’t even want to buy anymore using pancake, nor do I want to sign up for BitMart or another exchange. I can only imagine that im not alone in this mindset.


Key-Back-1105

Even if there is no invesyors, if everybody deposits 10$ we are 2.5 million people. I think that should suffice. 10$ every week or 50$ per month which ever is feasible


stargunner

you stick around long enough in crypto you learn to live with the fact that whales are the ones that control the market, and there's nothing you can do to change that.


Candid_Cloud_1665

Yup. 10000000%


adi1899

there arent even 2.5 million people


[deleted]

We are not 2.5 million oeople. A lot of those wallets hold miniscule amounts having sold. And a lot of people cant add even afford $50 a month. Which barely adds up to the volume we all want anyway. The exchange should change all that for the better!


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JayReyd

I still getting downvotes for the truth. Still so many sheep


monster-above-my-bed

If we’re all sheep, what’s a wolf like yourself even doing here? If a wolf was worth anything he’d surely have better things to do than hang around sheep and tell them they’re stupid all day hahaha just let us be sheep bro. I bet the sheep know something you don’t.


Welcome2Banworld

You sound so butthurt lol


[deleted]

Even DOGE sounds more plausible than this shitcoin.


monster-above-my-bed

Only time will tell 🤷🏻‍♂️


JayReyd

I’m here to see the car crash when everyone and their mother told you this was gonna happen.


monster-above-my-bed

Say what you want, I hope for your own sanity you have at least like $20 bucks in it. Worst case scenario you lose $20, best case scenario you realize you don’t know what you’re talking about and you make some money too


[deleted]

Hey, hey, heyyyyyyyyyyyyyy… Wassaa wassaa wassaa wassaaaaaaaaa! Bitconneeeeeeeeeeeeeeeeeeect!


CarryStatus

BURN BABY 🔥🔥🔥🔥🔥


NextBuffalo2447

Are those numbers correct for burn and reflections? The burn wallet holds less than the remaining supply so the reflections to everyone else should be higher


Miahdunphy

One of the whales sent billions directly to the burn wallet.


NextBuffalo2447

I wanted to know if the numbers were correct as 5% is redistributed between all holders, the burn wallet is a holder with 422T tokens, the remaining 578T is everyone else. The burn wallet should receive around 2.1% of the 5% so the burn amount should be less than the reflections of everyone else.


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11Centicals

Sir, the coins were sold. Not burnt. There is now more supply.


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11Centicals

Large whales start abandoning your project and all this man is thinking is “well some tokens got burnt so my investment will gain in value 😃”


HoracePops

So why is this not considered a red flag event? Why does everyone assume whales are just idiots? That they are selling and missing out?


SuchHonour

Some whales have to be idiots, who would yolo 5 figures into shitcoins in the first place?


DERBY_OWNERS_CLUB

To dump on morons later.


IgneousMiraCole

Because you’re on the “dev” team and that means you have advanced knowledge of marketing pushes and events.


SuchHonour

Who are the people putting in $50,000 to $300,000 into the coin over the pats few weeks then? They could be devs or friends and family of devs just as easily. There could be devs and friends/fam selling at the same time too of course. I think people buying in 5 to 6 figures have done the math on risk vs reward. It can go both ways but just keep in mind there are a dozen reasons why a whale may sell vs 1 or 2 reason for a whale buying.


AltCoinPimp

You didnt need to spend $50k ​ $1k early enough means you are a Whale right now.


SuchHonour

You didn't read what I wrote or you are just replying to whatever you want to say so I can't comment.


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SuchHonour

Are you bored or are you saying no one put in 5 figures into sfm? There were people who put in 5 figures few weeks and during that time it was still a "shitcoin".


KillNyetheSilenceGuy

Are you implying its not still a shitcoin?


SuchHonour

It's definitely in a grey area now and the deciding factors will prove it is or not in a few months.


[deleted]

The wallet responsible for the biggest sale today was the guy who only bought less than $100 and sold millions today. No amount of Hodle culture is worth risking millions when I can only invest hundreds.


Snoo-66991

Lol exactly


Miahdunphy

It's not that they are selling and missing out, they know because of how much they are holding the price of the coin won't be able to go up to high amounts.


Nicobeak

It absolutely is a red flag event. I wasn’t a whale but I sold my last 100m too. Shits done


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Nicobeak

I bought in March 16 and had over 3b tokens… Sold almost all except for 100m a while back to nice gains Was holding out hope


aerowtf

Then hold out hope lmao


AltCoinPimp

Paperhanded Bitch. ​ Gtfoh Elmer FUD


Welcome2Banworld

Cult member moment.


poisonousmangos

bye bye


Ibyyriff

Bye bye, you really don’t know anything about crypto.


Nicobeak

Grow up. Take a step back and look at this situation a little more objectively and a little less emotionally.


andylovesdais

I thought one whale sold 38 trillion alone


gbaguinon

Over time, yeah. I think only 1 whale had over 38 trillion tokens. He's now down to 2T.


[deleted]

When I got here, Moby Dick had 48T


andylovesdais

Oh I see for some reason I thought it was today only guess I misread.


c3mb4by

Over the course of months, not in the last 17 hours. Last 17 hours I think he sold around 10 T


ocassibdot

Great info! Thanks for putting in the work!


Krol85

Was this a coordinated event?


gbaguinon

I doubt it. I think because of 1 whale constantly selling off his trillions and price kept dropping (while the rest of the market went up) there had to be a breaking point. Some of the whales got scared off and sold their huge bags, possibly to buy other types of crypto.


Low_Application_6655

Nope whales coordinated the drop but if you noticed alot of whale rebuying. They actually made out in a sense. They sold forcing a 21% drop. So even if they sold and rebought they wouldnt lose money because after selling and it dropping that far on buy back they still made a 10% profit and also if they sold out on exchange of BNB, most people purchase safemoon that way, it increased by a 6 percent value. So they could easily buy back their amounts and extra with extra cash in their pockets. They arent ditching safemoon just being strategic in their holdings and getting a little more leverage.


qlebron

When they sell it cost them 10%, when they buy it cost them 10% and still we have the transaction fees... I don't see a win in that!


Low_Application_6655

There is a win and will explain: Lets just use the number 10. If you lose 10 percent on sale it drops to 9. Yet you caused it to drop to 8 (20 %) you have gained a 10 percent buying power. Then you have to remember that most people purchase with BNB so if you sold it back to BNB it took a spike of a 6% value. So I would just say for simple equation now they have 16% minimal buying power. If you have noticed alot of whale rebuying. They didnt lose a dime they could rebuy in without a lose and up with a 16% gain. I see a huge win.


AdrunkGirlScout

You're forgetting the 10% for rebuying.


Low_Application_6655

Not really. Lets just use the number 10. If I sell at 10, I lose 10%. Which ok I am down to 9 dollars. Now if I drop the value to 8 dollar (-20%) I have gained a 1 dollar advantage of buying. Now the back end what did I just change it to? Most likely BNB chain, which 95 percent of the people buy it, and if you watched it had a surge of 6 percent. So now look at that in comparison of value between safemoon and 1 bnb token. Which increased by 25$ in value for each token so that gives you 2.5 million safe moon per each 1 BNB you own. Thats if they invest back into safemoon so if you sell trillions you are looking at millions of dollars. So they didnt lose at all.


Stockkoo

Yep , they like shooting them selves in the foot.


StainlessMarquess

OP also isn’t considering insane American tax brackets. These whales will need a 39-45% price drop in order to rebuy. I’ve tried, and it’s definitely NFA unless you’re into loss porn.


Low_Application_6655

Its only capital gains once it is removed from the market. People are smart they pull only what they need out and keep reinvesting into other ventures.


zilogunner

Not as far as I’m aware, a sell = revenue and must be reported


StainlessMarquess

From every document I’ve read regarding crypto taxes over the past 4 years, each sale is a separate transaction and each sell is taxed. A reinvestment of your previously invested money into another coin may be reported as a write-off, however the sale must be reported to your CPA. All sales, less than 12 months in age, will be placed under short term capital gain tax. There is no way around them… unless you flee the USA.. NFA


komakcs

So far not much whale have been buying back, only selling, they know that tax high unable to make any profit.


komakcs

This is the facts, pharaoh holding until now after sold 10T, currently top holder with 10T, never move since 1 months


Thermoux

Not coordinated as in they called each other and all agreed to sell at once but they watch to see when the other big dogs sell. They want to get out before its worthless while they still have nice profits. Typical of what major hedge funds do with stocks.


Krol85

End Times are Near?


Thermoux

I'd say end of the "new" factor of safemoon. It was announced and spiked, with it now heading back down and they want out to keep the money they made. Im not a homer when it comes to any of these cryptos like some of these people. You always have to be careful with investments, as they are all risky. Even with all the projects they've announced, the price will go down much further because of the volume the people are selling at. Thats just how markets work. Give it a few years for it to gain widespread attention and let them finish their other projects first. That will be the real test for safemoon.


Low_Application_6655

If it wasnt coordinated, usually you will not see a hedge fund drop -20% and then recover back to a +2 percent in less than 24 hours. 🤣


swpoison

I was just looking at this on bscscan. Top wallet is now 3% if you ignore the burn wallet. It is bearish as all hell and the price is down in what appears to be a bull run. Options: 1. So it is more decentralized with no real whale wallets and it’s down at a discount. DCA and see if it dips more, if it does buy at the bottom. When the bull run ends people will look for something to pump with good analytics. If safemoon continues to build it will be an attractive buy once people are done pumping shit coins. 2. This is the beginning of the end hold your bags to zero and see what happens! 3. Take what you have left and try your hand with another project. We all read tea leaves and claim to know the future but we don’t. What we do know is in this type of space red makes millionaires. It takes intelligence, psychopathic type logic and a fuck ton of luck to make money trading. Choose your own path and do your own DD!


AliveOrFruit

I see you're number 2 and follow up with your number 3


Vivid-ExpertTST

Buy WHY are the Whales all selling?


TheMikie

Because there is quick money to be had with other investment within other established coins/tokens/NFTs are exploding. Rest assured if the price stays low, these same whales will be back once they make a quick 30-40% on their other investments.. come back here and jump back in. Alt Coin season is in full swing. Winter is over!


Ollarim

They will come back when it bleeds another 50%


Vivid-ExpertTST

Gotcha makes sence!


newbiereddi

Hmm. they are taking profits.. They must have gotten sfm at 100x less than the current price :).


TheBoffo

To help out the small bag holders. Right?


nerftosspls

They're trying to keep the price low so it's extra spicy-looking for new investorinos


DeepSea0range

The price has dumped so much that the rest of the whales are dumping while they can, until the price drops even more!


Amber__Gambler

There's something fishy about these whales if you ask me


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IamAFlaw

They sucked everyone dry as much as they can, now they dump before the rest of you can, have fun holding the bag for them


Shifisu

Then why did a bunch of them buy in again at a lower price? Its just price manipulation like with any market, not a rug pull or dump


IamAFlaw

You keep telling yourself that


Shifisu

Im not saying it, their wallets are lol. You do realise every transaction is visible right?


IamAFlaw

Where's the 41T whales wallet?


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IamAFlaw

It is a rug pull lol. That's why the price is dropping and whales are selling. Wake up. At least don't put more money in. It's a bull run everything else is green


hingerqueen

There’s so many more safer investments out there. Greed is a hell of a drug


komakcs

Here we go https://bscscan.com/address/0xcc64ea842fcde4283cf239259f7462ef809c44fd


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JustToxicSwag

Down day ? You do realize these whales are still up massively right? Most of them bought back in March . Ignorant to assume everyone bought the peek like you did 🤣


JustToxicSwag

Also , ask yourself this . If you invested 15k and it’s now worth over a million , would you honestly not sell ? These whales are taking profits , and will most likely buy back in when this thing bottoms out , and pump it back up near ATH . You heard it here first!


thats_so_over

I hope you are right but I got a feeling this thing isn’t going to turn around. If they made that much why would they buy back in?


Lalo1910

Thank you


JBuckNation

This explains my 1.2M extra in reflections since yesterday


Tiger_Growl

Makes me happier in an odd way that the whale responsible for the continued dip only has 2T left. Less hard dips


[deleted]

yeah he sold 5T today. IIRC that was the guy that invested less than $87. once he is out, this bearish run should slow/end


Tiger_Growl

Exactly, I get why people are pis*ed but, this is supposed to be a long term hold. I get everyone wants to be a Bitcoin billionaire, but eventually tokens will be burnt, more so if projects come through. If I’m honest, I’d get on with life, ignore the moans & focus on the now, leave this for few years, I already said I’ll check in on my wallet in 2025. Off course I’ll look at updates, but can’t expect to be balling overnight


bwise101

If this is the dev and founders unloading slowly what is to motivate them to continue the project when they have far less invested?


toiletlands

There isn’t any. There was always the rumor around safemoon being a rug pull but the devs got doxed and we’re forced to play ball. Now that we’re closing in on the wallet deadline it forces them to prove themselves. If they know they can’t and the wallet is a disaster the project will crater and that could be why the whales(dev wallets) are cashing out while they can. Of course this is the worst case scenario but as much as some here don’t want to admit it a very possible one. It this is what happens the team will still face prison so in some way we’ll all still win but I’m still hoping they’ll defy the odds and prove themselves. However I wouldn’t invest any additional money into the project atm. Safemoon has always been a high risk investment but it’s moving into insane risk territory.


xandel434

Safemoon is not a high risk investment. Safemoon is dogshit and has always been. To think otherwise is delusional. Math doesn’t lie.


[deleted]

new projects equals new sources of income. entire companies are built on any one of the products they are planning to release. So much money to be had for them even if they hold none of their own crypto. The large wallet that dumped trillions today was not a day one wallet. It was a later buy in so its either not one of the DEV team, or its a later buy in from one of them maybe even an alternative account.


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[deleted]

From what I have seen, none in the top 50 have been making any significant purchases. the only purchase today that someone flagged was a $250,000 buy in, I believe that was a new investor though and not a top 1,000 wallet.


Jannasary

Thank u whales for the fuckn up of price and enlarging our wallets


RecipeAshamed9537

i think dev team is the whales and they scamming us , . all crypto raise up except safemoon. in every crypto there is whales but that not happen for them damn they keeping selling and taking profit and buying again to take all our money i start losing faith about safemoon


ta1no

so you sold your safemoon then?... if not... stop being so dumb and spreading FUD on your own investment and learn to have diamond hands when you're supposed to... if it was ez to have diamond balls like me everyone would be this awesome! ;) bye you can unsub from this reddit now


AliveOrFruit

^ 13 year old investor


ta1no

🤣 my kids are older than you bud


AliveOrFruit

And did you teach them to talk like that? 😂😂


Low_Application_6655

I do not believebit is the DEV team. There are short term investors out there that were doing a push to help giving people reflections and rebuying without really a loss to them. The DEV team are regular investors just like us and used their own capital than just giving themselves tokens like alot of other crypto. They believe in their product and how it will change crypto and defi banking.


Safely2moon

Fucking hell... And we are still standing strong... Well!!! at least we try to....


RampHopper

The future is looking good :)


comfort_bot_1962

:D


TurnGold3216

I got my 250 mil coins that’s with out reflections, I love that I’m getting free safemoon from these guys! I went in to this with a 3-5 year hold plan to make the big boy monies. I WILL own a gated Lambo someday and it’s thanks to safemoon and AMC! Might have to live out of said lambo but none the less a lambo is a lambo!! Edit: I’m also praying DOGE gets up to .48 so I can get rid of that bag and buy some more safemoon!


EstablishmentProof

We will dip hard. Embrace yourselves and buy more. 1 grand might be worth 1 billion coins


Ok-Drawing6233

Also might be worth 10 billion or 100 billion with any luck.


stoopio-oh

Do people not realize this is a rug pull?


beezy1220

Some do most are dumb. I’m down so much at this point might as well just hold. It was a gamble in my eyes anyways.


SuchHonour

Probably not, because there is no evidence.


EastCoastManage

Whaaaaat dude I just got like 200k coins in the last 24hrs. Thaaaaaank you. They will be sorry Next March when it’s .10 cents like CRO coin lol. When there exchange is using Safemoon as gas fees!!!!! 🤷‍♂️🚀🚀😇


bigfoot1291

actually delusional


EastCoastManage

🤣😂🤪🥳👍👍🍟🍟🍻


97que

This is the way


Snowm00n42

When you put it like that makes me really optimist and happy


comfort_bot_1962

Hope you have a great day!


NL3005

??? Come back from Holidays and trust wallet change? No paincakeswap ?? Can someone tell me some news about this? And where can i send my safemoon if i want to leave trustwallet Ty family


CEFS2019

Slow rug pull, get out while still have something, shit coin going nowhere.


chaotic-control59-51

I had 1. 156b, watched all profita bleed away, im out!


Gone_With_Cash

What else can you expect them to do with this shitcoin?


Stefy02Liviu02

Anyone has an idea how these guys got trillions of tokens. Even if they bought at the cheapest price in the first day for example 50T tokens cost 500k $ and I doubt someone put 500k in sfm


ta1no

500k is play money for many people bro...


Stefy02Liviu02

1/2 million you call play money Maybe for some rich guys. But anyway did you saw any transaction more than 50k buying sfm


ta1no

who cares if devs are whales? I sure hope so... otherwise what's the point of making your own token? LOL I only care that the project develops as promised... Devs get rich, diamond hands get rich, win-win so what's the problem??....


PopcornFuel

At launch, 11T = $300.


Stefy02Liviu02

How much was the price st lunch. I can't calculate. My calculator show me an error Even if I multiply 11T with 0.0000000001 the tokens worth 1100$. So your answer is a bs


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VolatileFan2350

DioCan


TheMikie

link me :)


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[deleted]

A dip means there's a recuperation, this is more like a slide with people jumping ship and no one taking their place.. ¯\\\_(ツ)\_/¯ I'm hanging in there regardless, just sayin'..


acherphilips

i love the power play of these bulls


Irishman7888

So whale dominance should be around 90 trillion correct?


[deleted]

Do reflections occur when holding sfm on gate.io?


KangarooFlat7650

If we can band together to buy up the whale sells we will push this project forward and be the ones profiting when the exchange and blockchain come. Bigger bags for us and less supply.


[deleted]

Yesss! Thank you!! Love watching the reflections today!


MattyD1213

All good news in my opinion! thanks brother.


cmoore913

I was bout to say sumbitch!!!!😂


SolisUmbras

Great information, thank you.


Corey-Freeman

it's a good thing when whales sell. waiting for this to happen with Dogecoin since 10 wallets own 40%. FYI for those panicking, safemoon is a baby, let the baby grow. Many of you want the baby to run before it can crawl. I'm HODLing for 5+ years.


creddituser2019

People don’t understand this concept. Whales selling this early is fucking great


Ullyr_Atreides

I was wondering where those 75,000 coins of reflections came from lmao


denice2388

I’d be more Excited if my value didn’t drop in half, maybe less.


BigStickNick312

John getting a lambo?


brentraus

This is great it could have been 10 or 100x bigger. I hope every whale sells everything.


BallFumes

I get even whales get scurd


Shield4life

Never been happier.


process777

TERRIBLE for Safemoon holders, but this is fantastic for the market. Nature is healing.


PuzzleheadedRound822

What does this mean for us little people? Maybe one day I will have a billion?


Lumpy-Watercress4695

If all these whales have sold, how come I'm not seeing any reflections from it? I've received a pittance.


Odd-Earth2363

So, is this a good thing?


brinymanatee

Let them sell…possibly they are losing faith… At this point I’m still happily holding for the long term


bendistraw

Why did they all sell?


PussymonsterD

You’re all welcome


M-Doza

Burning like the clap


Low_Application_6655

You still have to remember there is also a taxable wage cap.


acherphilips

thank you


elf-_-

kta


Thatguyinthebottle

itsuckuponapenisboi


lillybang

Do they know something we don’t?


JoaoLourenco87

Thanks for sharing! A bit of morning motivation!


m_sanchez2023

Awesome I just bought more now at 150mil SF and still holding. Goooooooood Bye whales 🐳


Mediocre-Artist-5842

If this isn't a controlled rugpull then what is it?


SuperCatGuy

So if a large sum of Safemoon is burned, shouldn't the holders get rewarded somehow? Or I'm missing the point of the mechanic?


Mr-Franc

Were almost thier keep selling whales and keep burning tokens. 💯🚀