926-Sol

First time in Dubai, first time participating in BBW, and also the first time meeting CZ and Sister One.

Customer service representative Xiao He has such a strong presence and is super gentle.

I also want to say that I successfully met my idol, shook hands with the richest Chinese person, and I won't wash my hands for the next year😁😁😁

Don't waste on fees! Binance wallet invitation code 926BTC required🔥

Brothers,
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you can link it now.

When you use Binance wallet,
fill in my invitation code 👉 926BTC

You can directly reduce the fee by 10% 💰

The Binance wallet is not only fast now,
but it also saves on fees,
and more and more people are using it.

Additionally, let me clarify:
Any airdrops or benefits in the future
will be prioritized for those using my link UID!

Those who use my invitation code are all like-minded.
👊 Let's go together!
#加密市场反弹

Recently, there is a noteworthy piece of news: Bitmine is frantically hoarding ETH.

In the past week, Bitmine has increased its holdings by 60,999 ETH, and in recent weeks they have been buying 45,000 to 50,000 ETH almost every week.

Currently, Bitmine holds a total of 4.59 million ETH, accounting for 3.81% of the total supply of Ethereum.

Based on current prices, their crypto assets + cash scale has reached 11.5 billion dollars.

At the same time, they have made two rather interesting moves:

The first thing: continue to invest in AI and content ecosystems.

Bitmine has added another 80 million dollars to invest in Eightco (ORBS).

Recently, ORBS has made two investments:

50 million dollars to acquire shares in OpenAI

25 million dollars to invest in Mr. Beast's Beast Industries

Moreover, ORBS has also hired ARK's Cathie Wood as a strategic advisor.

So now ORBS is referred to by the market as:

The only publicly traded company in the world that can "indirectly invest in OpenAI."

If OpenAI really goes public in 2026,

then ORBS's potential will be very large.

The second thing: Bitmine purchased 5,000 ETH from the Ethereum Foundation.

This is actually a rather subtle operation.

Many people have been worried that the EF will continue to sell ETH to cash out for operations.

This time, Bitmine directly bought 5,000 ETH off-market,

which provides operational funds to the EF while avoiding it from crashing the market.

To some extent, this can also be seen as a endorsement of the Ethereum ecosystem.

Here are a few of my observations:

1️⃣ Institutions are systematically hoarding ETH.

For institutions at the level of Bitmine, if they continue to buy 50,000 ETH every week, the impact on the circulating supply is very significant.

2️⃣ AI + Crypto + Content creators are merging.

OpenAI, World ID, human verification, Mr. Beast, these things are starting to be placed in a narrative together, which may become an important story in the next cycle.

🔥Is the real trading volume of global stablecoins less than 1% in 2025?

Recently, I came across a set of data about stablecoins that is quite interesting.

The on-chain trading volume of global stablecoins in 2025 is estimated to be around 250 trillion USD.

However, if we remove the "watered-down" aspect of repeated transactions, internal transfers, and protocol split calls, the transactions with a real payment background account for less than 1%.

These "watered-down transactions" mainly come from three situations:

The first is internal fund transfers within institutions.

For example, moving funds back and forth between different wallets of the same institution looks like many transactions, but in reality, it is just internal accounting.

The second is multiple calls of DeFi protocols.

When a business is executed on-chain, it may be split into many transaction steps, which are magnified when counted at the end.

The third is when stablecoins act as transaction intermediaries.

Many people use USDT and USDC to buy and sell other crypto assets, and a single fund may be counted multiple times during the transaction process.

So, on paper, it looks like a scale of hundreds of trillions of USD,

but the portion actually used for payment consumption is very small.

Currently, the data for real payment scenarios is:

Coinbase, Bitpay, Binance Pay and other institutions process about 132 billion USD a year

Visa processes stablecoin transactions amounting to about 4.5 billion USD

Even if we include some gray uses (money laundering, gambling, fraud),

the real payment proportion of stablecoins is still less than 1%.

My own viewpoint is:

The core use of stablecoins now is still as a liquidity tool in the crypto market, rather than a payment tool.

Many people say stablecoins are the "future payment network"; this direction may not be wrong, but we are far from that stage now.

Therefore, concepts like Circle's stablecoin stock (CRCL) are a bit ahead of the market narrative currently.

If stablecoins really enter payment scenarios on a large scale in the future, then there will indeed be significant room for growth.

But at this stage, there is still a lot of "imagination premium" in the valuation.

My strategy is:

Not to rush, patiently wait for better prices before considering.

Is Venus in trouble again? Actually, it's not a hacker attack, but rather an old vulnerability being exploited.

Today, Venus Protocol released a statement regarding the THE market incident, and the situation is quite different from what many people think.

Many people's first reaction was "flash loan attack,"

but the official confirmation states: this is not a flash loan attack, but an old code vulnerability being exploited.

To briefly explain how this happened:

The attacker had actually been preparing for a long time.

Over the past 9 months, he had been gradually buying THE tokens, slowly establishing a dominant supply position on Venus.

Then he exploited a vulnerability in the protocol related to the supply cap:

Originally, the supply cap for THE was 14.5 million,

but the attacker bypassed the normal deposit process by directly transferring THE into the protocol contract, thereby breaking through this limit.

Next, he started doing one thing: manipulating the price + circular borrowing.

Because the on-chain liquidity for THE is relatively low,

the attacker first gradually pushed the price up on DEX.

When the TWAP oracle gradually synchronized this price:

1️⃣ Used the inflated price of THE as collateral

2️⃣ Borrowed assets such as BNB and CAKE

3️⃣ Bought more THE

4️⃣ Continued to push up the price

5️⃣ Increased collateral again

This cycle once pushed the price of THE from $0.27 to $0.53.

In the end, the position was liquidated, but a portion of bad debt was left in the protocol.

My own view is actually quite simple:

The Venus protocol has indeed faced issues before; there have been several security incidents historically.

However, it has a very realistic advantage:

It is backed by the Binance ecosystem.

Many times, if there is a major problem,

Binance often steps in to cover or promote compensation, which is something that many DeFi protocols lack.

So from a usage perspective:

There is definitely some risk

But compared to many wild DeFi projects, Venus has a thicker safety cushion

At least I will continue to use it, just managing my positions well.

Binance's super earning this time is really comfortable.

It's a bit like the previous OKX event, the project party Night has indeed provided quite substantial returns, with an annualized rate of over twenty percent.

I personally filled up two accounts, but still, as the saying goes,

money is always regretted to be less when needed.

Fill as much as you can,
I have already filled both accounts to the brim.

I've heard that sub-accounts can also participate,
brothers with money can just open a few more accounts and get it done.

After hiking 12km, I suddenly understood a truth about investing:

Doing anything, living long is the most important factor.

Yesterday I walked a famous hiking route in Changshu Yushan—the Eagle Line, which is about 11-12 kilometers in total.
As a result, I almost fell apart after finishing, my legs hurt, my thighs hurt, and my whole body ached.
At that moment, I realized:
When you don’t exercise, you have no idea how bad your body is.

Many people research investments, study making money, and explore entrepreneurship every day.
But there is a prerequisite that is often overlooked:
You have to live long enough first.

Most of Buffett's wealth was actually earned after he turned 50.
If he only lived until 50, would there be today’s stock god?
Buffett himself has said:
The most important assets in investing are your body and brain.

Many people compete in cognition, resources, and abilities.

But there is a variable that is often overlooked

Lifespan.
Sometimes,
Living long itself is a huge advantage.

30% drop in 8 days, Dubai housing prices have gone crazy

Early February: bourgeoisie

Mid-March: proletariat

When I was in Dubai last year,

I heard many wealthy people buying local houses

The houses are indeed built well,

But once faced with the risk of war,

Money truly is like worthless paper 😢

🔥 No Hong Kong card, no overseas card? Now buying US stocks actually has a "crypto solution".

Recently, many people have told me:

They want to buy US stocks, they want to buy technology stocks,

like the seven tech giants and Micron Technology,

but there are really just two practical problems👇

👉 No Hong Kong card

👉 No overseas bank card

This completely blocks the way.

But I want to say something honest:

It's really not that complicated anymore.

On Binance,

you can directly use the Binance wallet to buy "stock tokens".

Like the recently popular ones:

Micron Technology (MU)

and a bunch of US tech giants

👉 No Hong Kong card

👉 No overseas account

👉 Buy directly on-chain, available for trading 24 hours

To put it simply:

This brings Wall Street directly into the crypto space.

Before it was:

Want to invest in global assets → A bunch of barriers

Now it is:

One Binance account, and you can access the whole world.

It's amazing, brothers.

There has been a large amount of funds flowing into Binance, is there money coming in to buy the dip?

🔥 Is stablecoin the real money printing machine? USD1 This line, the understanding king has gone too far.

Recently, Binance has been crazy about giving away money for USD1 activities,

The result is very straightforward: the supply of USD1 has surpassed 5 billion.

To be honest,

stablecoins have always been one of the most profitable and stable tracks in blockchain.

Another way to make money is exchanges?

You don't even need to think about it—

With Binance around, no one dares to say they are the first.

So you will find one thing:

Donald Trump did not directly confront the exchanges,

but took another path, directly getting into stablecoin USD1.

Once this road is successfully traveled,

taking down USDC is really not just a joke.

What's more crucial is the capital movements behind it👇

ALT5 Sigma Corporation (ALTS) latest announcement:

The board approved a maximum of 100 million dollars stock buyback

when below NAV, up to 50 million shares (about 40% of circulating shares)

Continue to increase holdings of WLFI tokens in the secondary market

Currently:

ALT5 holds about 7.3 billion WLFI

Valuation about 1.5 billion dollars

And reached a 15 million dollars loan agreement with World Liberty Financial

In the future, it may utilize 1.6 billion dollars+ on the balance sheet to continue to increase

CEO Tony Isaac also made it very clear:

👉 Buyback + token layout

👉 Is a strong bet on the long-term strategy of WLFI and USD1

🔥 Copper trader, this 'prestigious bulk trader' has made a fortune again today

According to Coinbob's popular address monitoring:

Due to the continuous rise in copper prices,

the 'prestigious bulk trader' (address 0x894…)

has expanded their account profit to 2.2 million USD today,

with a total position size reaching 49.2 million USD.

📈 Today's core profit source: Copper

10× COPPER (copper futures mapping contract)

Position: 18.97 million USD

Average price: 5.91 USD

Liquidation price: 5.5 USD

Floating profit of approximately 1.22 million USD (+44%)

Daily floating profit increased by 1.1 million USD compared to yesterday

📊 Overview of other main positions:

10× XYZ100 (Nasdaq 100)

Position: 21.12 million USD

Average price: 25443.47

Liquidation price: 23421

Floating profit of 0.53 million USD (+20%)

10× MU (Micron Technology)

Position: 2.66 million USD

Average price: 343

Liquidation price: 325

Floating profit of 0.6 million USD (+74%)

5× PLTR (Palantir)

Position: 2.87 million USD

Average price: 165.47

Liquidation price: 152

Floating loss of 2.36 million USD (-138%)

🧠 Background information:

This trader has long focused on US stocks + on-chain precious metals,

previously the largest bull in on-chain gold, has completed profit-taking and exited.

Currently, the strategy has clearly shifted:

👉 Heavy position of nearly 40 million USD in Nasdaq + copper prices

🔥 9.5 billion dollars in options expiration is imminent, is BTC "pinned" at 90,000?

According to market news, this round will have 9.5 billion dollars in crypto options expiring:

Bitcoin: Notional value 8.27 billion dollars, Put/Call 0.54, maximum pain point price 90,000 dollars

Ethereum: Notional value 1.27 billion dollars, Put/Call 0.74, maximum pain point price 3,100 dollars

Currently, BTC is hovering around 90,000 dollars.

The signals are very clear👇

👉 Downside protection demand is heating up (sentiment is cautious)

👉 However, the overall position structure still leans bullish

👉 Options games are keeping prices compressed near the pain point.

🔥 25× Leverage Short Position is here, is this ETH a trial or a strike?

According to HyperInsight monitoring:

A certain whale address at 16:49

shorted 2200 Ethereum (ETH) with 25 times leverage,

with an average opening price of 2950.69 dollars,

currently in a slight profit state

🔥 The dollar has dropped by 10%, but BTC hasn't risen? JPMorgan has made it clear

According to CoinDesk,

Over the past year, the Dollar Index (DXY) has fallen by about 10%,

but Bitcoin has not only failed to rise but has instead fallen by about 13%.

The explanation given by JPMorgan's private banking strategist is very straightforward 👇

👉 This round of dollar weakness is more driven by short-term capital flows and sentiment

👉 It is not due to a structural shift in growth expectations or monetary policy

👉 In fact, the dollar interest rate differential has still favored the dollar since the beginning of the year

The result is:

BTC has not been regarded as a "dollar hedge tool",

but continues to be seen by the market as a "liquidity-sensitive risk asset."

The contrast is quite clear:

Gold ✅

Emerging market assets ✅

Bitcoin ❌ (for now)

When the dollar's weakness is not considered a "long-term narrative",

BTC finds it difficult to enjoy macro benefits.

In the eyes of Wall Street, it now resembles a high-risk asset rather than digital gold.

🔥 It's him again: 20 million band hunter aggressively shorting gold, floating loss still increasing

According to HyperInsight monitoring:

In the past 1 hour,

"20 million band hunter" (address 0x880a) has been continuously increasing short positions, the direction remains aggressive.

Current position structure:

Gold mapping contract GOLD

👉 10× leverage · Margin shorting

👉 Position $7.23 million

👉 Average opening price $5,287.54

👉 Floating loss $318,000

XMR

👉 5× leverage · Full margin shorting 21,399.447 coins

👉 Average opening price $523.02

👉 Floating profit $1,032,000

Overall,

This account currently has a total floating loss of about $2.45 million.

For background,

This address is the largest short position holder of XMR on Hyperliquid

Typical high leverage, short cycle, strong execution trading style

Total accumulated profit over the entire cycle $92.27 million

🔥 Delisting = Price Surge? Binance's Delisting Concept is About to Reoccur

Binance announced:

It will delist a batch of spot trading pairs on January 30, 2026, at 16:00

Including👇

0G / ARPA / AXS / BEL / BERA / ENSO / FORTH / HEMI / ILV / JOE / MAV / NEAR / NTRN / PHB / PLUME / PORTAL / RED / SC / SEI / SKL / SOMI

(Some are BTC / BNB / FDUSD / ETH priced pairs)

The official statement is still the same:

👉 You can continue trading on other pairs

But experienced players understand:

Binance's "delisting" has never been just bad news.

Historically, not just once:

Once the delisting announcement is made

Liquidity is forced to contract

Instead, a short-term price surge and emotional speculation occur

Will it happen this time:

👉 Will some coins be quickly pumped

👉 Will it become a "delisted meme coin"

I don't know,

But what can be confirmed is:

The delisting concept has started to attract attention again.

🔥 Gold is being crazily hoarded on-chain, but I believe more in this kind

According to on-chain analyst Ai Yi's monitoring:

Address 0x0E4…4927E 5 minutes ago

Withdrawing 204.28 XAUT from Bybit again,

valued at 1.13 million USD.

Since yesterday:

👉 Cumulative purchase of 1454.28 XAUT

👉 Total amount of 7.802 million USD

👉 Average price of about 5365 USD

👉 Current floating profit of 230,000 USD

But I want to say something more realistic👇

Actually, you can also buy gold on Binance.

And I prefer PAXG.

The reason is simple:

Backed by Paxos, more compliant and transparent

Good liquidity, can go long or hedge at any time

Truly achieving on-chain gold + exchange depth

But note one thing:

👉 I will only go long or hedge with gold

👉 I will not short gold

Why?

The logic is actually very "down-to-earth," but extremely effective:

Gold has the consensus of billions of people.

There may be someone around you who doesn't know about Bitcoin,

even if they do, they might not like it;

But the people around you,

I dare say, there is no one who doesn't like gold.

This is the strongest moat of gold.

🔥 Still continuing to add? Bitmine will pledge 100,000 ETH in 12 hours

According to monitoring by The Data Nerd:

In the past 48 hours, Bitmine

has once again pledged 100,000 Ethereum (ETH),

worth approximately $291 million.

Combining previously disclosed data,

Bitmine's rhythm is very clear:

👉 It’s not trading, it’s continuous locking

👉 It’s not a trial, it’s long-term allocation

When institutions choose to "lock in" ETH one by one,

the signal the market receives is only one:

They are betting on the long-term cash flow of ETH, not the short-term price.

🔥 200 BTC entered the market late at night, is the capital preparing to dump or doing something else?

According to Arkham data:

At 22:05, an anonymous address

transferred 200.32 BTC (approximately 18.02 million USD)

to Binance after being routed.

Subsequently, the address transferred another 200 BTC to Binance.

This kind of operation generally has three possibilities:

👉 Preparing to sell

👉 As margin/rebalancing

👉 Internal fund migration