kitkat007

Update on $AKE scam

AKE went quiet. Here's what the market maker might be doing.

Volume has fallen from $900M a day to under $200M. Open interest is stuck at about 500M coins, down from 14.7 billion in July. Price is pinned between $0.05 and $0.06. Shorts are slowly coming back in. 3 scenarios are possible:

1. Scenario 1: Resting before the next round. (45% probability)
Every round for the last two months followed a break of 1-2 weeks. Shorts rebuild, funding turns negative, price gets pushed through them. Long/Short ratio is already back below 1.0 and falling. The setup is forming again, just slower, because there's less money left to attract.

2. Scenario 2: Selling quietly. (35% probability)
Sunday's spike to $0.16 was where the big longs closed. What's left is the coins. The way to turn coins into money without crashing the price is to sell a little into every bid, keep the chart flat so buyers don't panic and let the leveraged longs get liquidated on the dips. You'd see this as a slow grind lower on low volume. It's flat so far, not lower.

3. Scenario 3: Waiting for attention to move on (20% probability)
The funding cap and the $0.16 wick were the loudest events in the AKE history. Reports have gone to Binance and to the regulator. A market that goes silent right after its noisiest week is sometimes a market where someone decided to stop drawing attention.

Whichever it is, the crowd is short again at $0.05. That crowd has been the fuel every single time. If you're in it, you're the fuel again. The way to make money might be going Long not short.

The probabilities are my guess, not a measurement. The data is public. Check it yourself.

#scam #Binance

Update on $AKE scam and how I managed to reach out to relevant team at #Binance

I've submitted the AKE scam evidence to Binance.

Two months of data, eleven pages: open interest down 96% while price went up 300x, eight vertical moves with no news, funding at the 2% cap on Sunday, and the $0.16 wick that wiped 42% of positions in thirty minutes. Timestamps for every event. Five specific things I've asked them to check that only they can see.

I'm not claiming anything is proven. I'm saying the pattern has no organic explanation and the records to settle it are on their side.

If you lost money on AKE. The more reports on the same ticker, the harder it is to leave "under review." Select Market Manipulation / Fraud, ticker AKE, and attach your liquidation screenshots with timestamps:

Submit AKE complain here

Keep it factual. Dates, prices, what happened to your position. No names, no accusations. Let the data do it.

#scamriskwarning

Update on $AKE scam:

i have been able to find a contact that promised me to share $AKE scam proofs to regulators.

whatever proof you have, please share it in the comments.

I am preparing a report to share with regulators. let's join hands.

#AKE #scamriskwarning #BİNANCE

$AKE

When does the music stop?

A month ago open interest was 3.7 billion coins. Half of that, about 1.9 billion, was short. Price was $0.0085.

Round 1, Sep 2. Price 2x to $0.017. Shorts left: 1.3 billion.

Round 2, Sep 5. Price 1.3x to $0.019. Shorts left: 850 million.

Round 3, Sep 15. Price 1.8x to $0.027. Shorts left: 610 million.

Round 4, Sep 18. Price 2.4x to $0.064. Shorts left: 650 million.

Four rounds. Price up 7.5x. Two thirds of the original shorts gone. Market cap now $1.46 billion on $28 million of daily spot volume.
Now the future.

Round 5. Price to $0.10 to $0.13. Shorts left: about 450 million. Market cap $2 to $3 billion.

Round 6. Price to $0.15 to $0.25. Shorts left: about 300 million. Market cap $3.5 to $6 billion.

And that's where I think the music stops.

Not because the shorts are all gone. Because at $5 billion, nobody is left to be the bid. The shorts were the fuel. Once there aren't enough of them to squeeze, there's no engine.

Two more rounds. Maybe.

When does the music stop?

If $AKE pumps another 1000%, its market cap will be more than $BTC

You can do it scammers!

#Binance is partnered in this #scam

$AKE
it just ran 170% in 24 hours. Everyone is calling it a pump. It is, but not the kind most people think.

Here's what the tape actually shows.

1. Through the first 50% leg, from $0.028 to $0.042, open interest went nowhere. 1.29B coins before, 1.28B after. Nobody new built a position. The longs from $0.021 to $0.026 cashed out and shorts took their place at $0.037 to $0.040.

2. Spot volume is about $28M a day. Perp volume is over $600M. You don't need to buy much coin to move a market that thin. Push spot, the perp follows.

3. Then it dipped to $0.040 and the shorts piled in harder. Account long/short ratio fell to 0.43. Funding went negative. Shorts were paying to stay in.

4. Three hours later it was at $0.064. OI dropped 70M coins in the move. That's the shorts getting liquidated, not longs closing.
Then it did it again. Pulled back to $0.060, shorts came back in, funding flipped negative again, and it printed $0.068.

5. Whales? Long the whole way. Position ratio went from 0.77 to 0.84 and never moved. So the thing being pumped isn't the coin. It's the people shorting it. Every dip loads the next round of fuel.

6. If you're shorting AKE because it's "obviously a scam," you're right about the coin and you're the exit liquidity anyway.

It runs until the shorts stop coming. Not before.

#scam #Binance

Update on $AKE scam

Over the last four hours the price ran from about $0.028 to a high of $0.042, up roughly 50%. On the surface it looks like buyers piling in. The data says otherwise.

Open interest went from 1.29 billion coins to 1.34 billion at the peak, then fell back to 1.28 billion. That is a round trip to zero through a 50% move. Nobody new is building a position.

The longs that got in around $0.021 to $0.026 have been cashing out into the rally. Replacing them are shorts, entering around $0.037 to $0.040. You can see it in the ratios: the account long/short ratio dropped from 0.84 to 0.76 as price went up. Funding went from +0.04% one settlement to negative at the next, so shorts are now the crowded side and paying to stay in.

The scam is in the spot market. Spot volume is only around $28 million a day against over $600 million in perps. A market maker doesn't need to buy much coin to move the price. Push the thin spot market up and the perp follows. They never need to hold a big perp position.

So the picture is: a market maker walking the price up on thin spot, early longs selling to them on the way up, and shorts stacking in at $0.037 to $0.040 convinced it will crash. Those shorts are the fuel. Push the price a little higher and they get forced to buy back, which drives it higher still. The 57 million coin drop in OI in the last hour with price holding above $0.039 is likely the first batch of them already getting flushed.

That's why it's a trap right now. Everything about it looks shortable, but the crowd already made that bet, and whoever is running the coin knows it. Shorting at $0.039 means joining the crowd about to get squeezed.

#scam #Binance

$AKE looking at the data. long/short ratio is 0.8 which is considered high. it means for every 10 short sellers there are 8 long traders.

In previous spikes, this ratio was around 0.4

Market maker spending money to pump the token. he wants to liquidate short sellers but it also gives opportunity for long traders to book profit and pull the price down

$AKE scam continues.. instead of spiking in a single 5m candle. this time the market maker is doing continuous appreciation, price is back to 0.025-0.027

$AKE Scam Proof

#scam at #Binance

$AKE continues to liquidate both short and long sellers

if you short sell in range 0.016 to 0.02 -> all 3x to 5x leverage short sellers were liquidated at 0.027

if you long around 0.025 to 0.027 -> all 3x to 5x leverage long traders were liquidated when price crashed to 0.016

Check the screenshot from coinglass

Do you know that $AKE market cap > Market cap of Pancakeswap $CAKE , Jupiter $JUP

Further update on $AKE scam

Market Maker successfully bored & scared the long traders by keeping the price range 0.029 to 0.025.

Result
Most of long traders have booked profit and short sellers have entered the trade.

Proof
L/S ratio was 0.94 yesterday (means for 10 short seller there was 10 long traders) and now it is 0.6 on Binance (means for 10 short sellers there are 6 long traders now)

What's next?
Market Makers will now try to squeeze the short sellers. Get ready for wild pump in $AKE

This seems to be never ending #scam and I am tried to informing #Binance but they don't seem to care. Stay safe!

$AKE scam proof. @Richard Teng Please take some action. This token is manipulating price for last 2 months.

You got to be kidding! $AKE now ranks 95 on coingecko. I think #Binance will only take action if it crosses market cap of $BNB

if $AKE follow it pattern, its always big candle of liquidation and then quite period of 10-15 days. Time is over, today is day 13th. They will slightly pump the price to attract short sellers to make quick bucks and pump the price to liquidate them.

Don't fall into the trap of 2.11B token airdrop because team has disabled claiming of tokens. so all 2.11B goes to team.

This time the situation is different in a way that some retailers have build up long position instead of short, so in the event of price pump these retailers will make money.

I will be curious to see how AKE #scam team will attract short sellers this time.

Like other scam #ALPHA tokens, Binance doesn't care.

$BTW market cap is $1.9B and it's the current market cap, not FDV. Hilarious. Another alpha coins

$AKE Look at the order book of AKE If you zoom out a little bit. all you need is a market order of $500k to take it to the moon or crash it. Absolutely scam.

#ScamAware #Binance

$AKE All alpha coins are heavily manipulated. AKE is a pure scam. no one buys spot. no one was given airdropped.

$AKE go long