The latest updates—here are a few quick stories to catch you up.
【Market Moves】
Nvidia posts its sixth straight weekly loss, shedding over $573 billion in a week: $NVDA fell 13% this week, with its market cap dropping below $4 trillion. But all three major U.S. indexes still rose this week: the Dow gained 2.07%, the Nasdaq 2.27%, and the S&P 500 2.51%. Takeaway: The indexes are partying while $NVDA is drowning its sorrows alone in the corner. After six straight weeks of sneezing, the AI faith is starting to get a health check.
Petition calls for Jensen Huang to return, with over 58,000 signatures: The petition site was briefly overwhelmed by traffic, and Elon Musk and Tom Lee have both voiced their support. Takeaway: 58,000 signatures riding to the rescue—quite a moving scene. But the board looks at earnings reports, not petitions. Whether all that buzz can translate into a higher share price is still an open question.
【On-Chain Moves】
「58bro.eth」is nailing the buy-low, sell-high game: A week ago, they sold 8,000 $ETH at around $2,397 each, cashing out about $19.18 million. Over the past two days, they bought back 10,501 ETH at an average price of around $1,978, spending about $20.77 million. Takeaway: The timing was spot-on, but don’t rush to copy the trade. By the time someone posts about it, it’s often no longer the best time to get in.
【Derivatives Risk】
If BTC falls below $65,000, liquidations of long positions on major CEXs could reach $485 million. Conversely, if it breaks above $69,000, liquidations of short positions could reach $615 million. Takeaway: There are landmines on both sides. Whichever way the price moves, someone’s getting blown up. Liquidation maps aren’t precise hit lists, but they’re a good reminder not to get overconfident with your position size.
【AI Updates】
Anthropic CEO on an IPO: Dario Amodei said he doesn’t care about the timing or market conditions for going public, emphasizing “underpromise and overdeliver.” Takeaway: That’s a refreshingly clear-headed take. In an AI world full of big promises, someone willing to do the work first and deliver later is a rare breed.
A question for everyone: With NVDA on a six-week losing streak and liquidation landmines above and below BTC, do you think it’s time to watch from the sidelines or buckle up?
【Market Moves】
Nvidia posts its sixth straight weekly loss, shedding over $573 billion in a week: $NVDA fell 13% this week, with its market cap dropping below $4 trillion. But all three major U.S. indexes still rose this week: the Dow gained 2.07%, the Nasdaq 2.27%, and the S&P 500 2.51%. Takeaway: The indexes are partying while $NVDA is drowning its sorrows alone in the corner. After six straight weeks of sneezing, the AI faith is starting to get a health check.
Petition calls for Jensen Huang to return, with over 58,000 signatures: The petition site was briefly overwhelmed by traffic, and Elon Musk and Tom Lee have both voiced their support. Takeaway: 58,000 signatures riding to the rescue—quite a moving scene. But the board looks at earnings reports, not petitions. Whether all that buzz can translate into a higher share price is still an open question.
【On-Chain Moves】
「58bro.eth」is nailing the buy-low, sell-high game: A week ago, they sold 8,000 $ETH at around $2,397 each, cashing out about $19.18 million. Over the past two days, they bought back 10,501 ETH at an average price of around $1,978, spending about $20.77 million. Takeaway: The timing was spot-on, but don’t rush to copy the trade. By the time someone posts about it, it’s often no longer the best time to get in.
【Derivatives Risk】
If BTC falls below $65,000, liquidations of long positions on major CEXs could reach $485 million. Conversely, if it breaks above $69,000, liquidations of short positions could reach $615 million. Takeaway: There are landmines on both sides. Whichever way the price moves, someone’s getting blown up. Liquidation maps aren’t precise hit lists, but they’re a good reminder not to get overconfident with your position size.
【AI Updates】
Anthropic CEO on an IPO: Dario Amodei said he doesn’t care about the timing or market conditions for going public, emphasizing “underpromise and overdeliver.” Takeaway: That’s a refreshingly clear-headed take. In an AI world full of big promises, someone willing to do the work first and deliver later is a rare breed.
A question for everyone: With NVDA on a six-week losing streak and liquidation landmines above and below BTC, do you think it’s time to watch from the sidelines or buckle up?