Block26

I do not strive to earn a lot.
Recently, I have been feeling nostalgic for the years 2020–2021. Back then, everything seemed easier and more carefree, as if the sun shone differently. But these memories always lead me to one realization.

At that time, I was younger. Money was already there, but understanding was not. Accordingly, my attitude towards money was completely different.

I wanted to earn a lot and quickly. Partly, I even succeeded. It seemed to me: here will be a conditional five million – and I will be able to not work for a long time. But at some point, these illusions disappeared.
Five years have passed. During this time, I had to experience a lot, and my attitude towards money has changed.
Today, I do not want to earn a lot. I want to earn systematically.

If there is a choice between a large amount here and now or a stable income over a long period – I will choose the second option. Even if there will be less money there.

I am interested in a clear and predictable income that can be scaled and properly distributed over time.
Perhaps that is why in 2021, I eagerly entered crypto, and today it evokes no emotions in me.

Dude bought the dip on $BTC for $5.2 million and was comfortably sitting on a $1.38 million profit.

But a week ago, hackers drained every last cent from the Ledger where he kept his Bitcoin. Just think about it: the guy could’ve easily held a Binance futures position using only a fraction of that amount (getting liquidated on Bitcoin with low leverage—you’d have to be a genius). He could’ve used the rest of the money to buy himself a house or something. But no, damn it, he wanted thrills and something twisted: he bought actual spot BTC, then got himself some Chinese flash drive and actually loaded over five million dollars’ worth of BTC onto it.

Volatility in $CRCL amid the approaching resolution with Clarity.

Current odds on Polymarket: 32%.

At the same time, Trump, as usual, is crushing crypto just as it started to rise, with tariffs and escalation in Iran. The old man just can’t sit quietly for a couple of months before the midterms.

BitMEX exchange is shutting down in September. One of the oldest players in the market. Founded back in 2014, co-founder — Arthur Hayes.

It was BitMEX that became a pioneer of perpetual futures, and in May 2016 it launched a product with leverage up to 100x, which later became an industry standard.

And here’s another important point without which, it seems, no bull cycle can do:
«The buried» exchange of this cycle: ✅

In crypto, everyone hates Trump.
But not him.

Korean trader Kimchi became famous for just one deal: he made about $40 million on a memecoin $TRUMP by going long literally in the first seconds and closing the position at the peak of euphoria (reminder: in the first days, the Trump coin was pumped to an FDV of $80 billion).
Since then, all of Kimchi’s content has disappeared. He returns to X a couple of times a year and just posts photos like this with not a single word.

If your capital is less than $17 million, then you shouldn't waste your time watching the World Championship.

Let's get to trading!

Приєднуйтесь

Arthur Hayes is back at it as the "indicator"? 🤡

While $ZEC is up 27% today (and +115% from the June bottom), we can't help but recall Hayes' recent epic fail. Remember, he completely closed his long around 400, accompanying it with an emotional post that triggered an even bigger drop.
Not much time has passed, and ZEC is now trading 30-40% higher. A great visual example of why you shouldn't make decisions based on emotions, even if you're a crypto guru.

Drop it 🤌

An OG whale just closed a short at $ZEC with a profit of over $11 million at the $430 level.
Just a day earlier, they could've locked in over $20 million in profit, but even so, this is a killer trade.
Right now, they've only got one open position - a long on BTC worth about $100 million.

Michael Saylor dropped 64 billion bucks to scoop up $BTC for 50 billion. Dude's been in this game for the last 6 years.

Saylor is throwing out feelers about buying BTC again.

But crypto is a paradoxical beast: right now, the market will see selling, not buying, as bullish, especially if MicroStrategy unloads coins. Everyone's buzzing about whether Michael took profits last week.

The crowd is converging on these scenarios:

Dumping in the zeros: total depression for the market.

Sold for $1 billion: not enough, the trend stays bearish.

Dumped for $2+ billion: now that's fuel for a solid rebound.

By the way, $2 billion in cash would cover STRC dividends for about a year and a half. So the logic is flipped: the more Saylor sells, the better it is for the crypto crowd. The resolution is coming tomorrow.

The best crypto experts in the world couldn't find any vulnerabilities in the Orchard Zcash pool ($ZEC ).

But Claude Opus 4.8 managed to outshine all human auditors.
You can hate on Zcash all you want, but:

These guys/devs have put millions into testing and have been upfront about the results.

Right now, no project is safe. AI from Anthropic can tackle problems previously thought impossible.

We're living in truly unprecedented times for security in the space. Essentially, everything is going to be hacked in the coming months…"

Current state of affairs in the crypto market.

The unrealized loss for Michael Saylor's Strategy company has hit a staggering -$11 billion today.

After six years of relentless Bitcoin accumulation on their balance sheet, the company is down about 18%, while the S&P 500 index surged by 116% during the same timeframe.
Interestingly, prior to the recent sell-off of 32 $BTC , Saylor's company was still in a slight profit.
Michael Saylor just linked the current dip to capital flowing into the AI sector, noting that "volatility creates opportunities."

The math of crypto traders, or how to tank the market with 32 bitcoins:

"Saylor's got a balance of 850,000,$BTC , and he decided to sell... 32 coins, just to 'test the liquidity'.
Result: the market instantly dropped by -10%.
Purely mathematically: if he decides to unload all his 850k bitcoins, the price would plummet right down to 1 cent. Exactly where I've already set limit orders to scoop up all 21 million BTC".

A genius plan, as reliable as a Swiss watch. Waiting for bitcoin to hit a cent!

Crypto classic: closing a short in the red an hour before..:

Dude from X (Twitter) just closed his public short at $LAB with a massive loss of -$3.4 million. To top it off, he also got hit with a $864,000 loss purely from that crazy funding rate.
The juiciest part is that the chart tanked exactly an HOUR after he exited his position.
"...2.5% on funding—that's just madness. I would have held on longer and waited for this drop, but it just didn’t happen... I learned a lot from this trade. I’ll definitely be back to scoop my profit again."
— he wrote in a post.
And exactly one hour later, THAT SAME DROP happens.
Such perfect timing of pain and liquidity is probably only possible in crypto. A great illustration of how the market patiently waits to shake out the last big short seller before finally taking off in the right direction.

Here's what we have at the moment:
Saylor's strange micro-selloff: no one can really explain its true essence and logic.

Two consecutive days of outflows from BTC-ETF at $500 million (looks like a bit of panic among ETF investors).

Conspiracy theory: one version of events — the price is being deliberately dumped to let some big player enter at a better rate.
FUD and rumors: there are opinions circulating that Saylor has become toxic for $BTC, and Bitcoin itself is critically lagging in implementing protection against quantum computers.
Altcoin ballast ($ETH, $SOL, and other 'oldies'): right now, they're totally uninteresting to the market, so they’re obediently getting dumped alongside BTC.

Ethereum issues: there’s talk about Tom Lee's toxicity for ETH (a $9 billion drop), Vitalik Buterin's passivity + recent high-profile hacks in the DeFi sector.

Market favorites: those altcoins that currently have live interest are showing double-digit pumps or are completely ignoring the market drop.

New trend: the market is being actively heated up with the topic of altcoins featuring built-in quantum protection.
BTC dominance is falling: the indicator has now dropped right down to a crucial support level.

Last week I made a profit of 0.75 USDC in the "Write to Earn" campaign.

$USELESS - Looks like investors are starting to realize that $BTC - useless.

Meme coins keep pumping 🚀