kithe

Continue eating melon

$WLFI has completely blown up here, and the more we dig, the more ridiculous it gets

Sun is demanding that the other party take responsibility under their real name, claiming that WLFI has secretly planted backdoors, frozen investors' assets, and treats the community like an ATM

WLFI's official Twitter directly fired back: "Does anyone still believe Justin Sun?"
Finally throwing out the line "See you in court pal" —— what a guy, directly challenging to a fight

But what's even more explosive than the mutual tearing apart is the on-chain data:

The WLFI team borrowed over $150M+ in stablecoins using 5 billion WLFI as collateral on Dolomite
They took the borrowed USD1 and used it to collateralize for USDC, and then cycled the USDC back

This nested structure has not explained any reasons to the outside — the official wording: "rationale has not been disclosed"

Now look at the scale: these two addresses account for 82% of Dolomite's TVL and 85% of the borrowing
The entire protocol is basically WLFI's left hand turning into the right hand, operating in a vacuum 🔄

Now the WLFI price has to drop 75% to trigger liquidation

Sounds safe?

But don't forget — in mid-April, the investors' tokens will be unlocked!!!
#WLFI #孙宇晨被黑名单

Goodness, next week $HYPE will throw out $99.1M directly, is this the rhythm of weekly ongoing?

But to be fair, $99M sounds scary, but they only unlocked 0.25% of the supply, this dilution rate is basically equivalent to a light drizzle 💧 no need to panic

If we really talk about pressure, we still have to see if liquidity can handle such a large amount.

$ASTER is also $25.2M ongoing weekly, although the scale isn't as

exaggerated as HYPE, but the pattern of unlocking this week clearly shows a boiling frog in warm water.

Together they make $124M, accounting for almost half of this week's unlock.

One is huge low dilution, and the other is continuous supply, next week's market will probably have to look at the faces of these two

A few days ago, I reminded to be careful!

I opened a long position myself, took a small profit and ran mad

As a result, it has now increased by 2.5 times 🤡

That long contract address withdrew 31.93 million from Bitget

In two days, assets rose from 37.54 million to 89.10 million, printing a total of 50 million dollars

This market is really just a chaotic dance; teachers should be more careful!
$RAVE

$WLFI This pool of water gets murkier the more you stir it.

Today, Sun Ge fired shots at the blacklist backdoor,

and then Lianchuang Zach came out to clarify, saying the project has nothing to do with $TRUMP coin, and USD1 is thriving — sounds quite plausible.

But interestingly, someone directly pulled out the interest structure: the 80% supply of $TRUMP coin goes to those two entities, which have a high overlap with WLFI's related parties; for every dollar that comes in, 75 cents go directly to entities of the Trump family, zero investment, zero risk; Sun Ge's $75 million investment
came in, and the SEC withdrew the case right after…

Zach says all of this is "irrelevant."

Okay, assuming it's really irrelevant. Then why is the governance voting not transparent?

Why is there a blacklist in the contract? Why can Sun Ge's wallet be frozen at will? 🤔

Wow, this Bittensor news is too big

The founder personally admitted—stabbed in the back by his own

Brother Samuel directly ran away, and conveniently smashed the subnet

3 subnets went to zero, holders of $TAO are buried together This is not a rug, this is called a family betrayal

Const said Samuel "flew too close to the sun and got burned"

To put it simply: people get popular and then come out to harm others

Now starting to remedy the situation, implementing some kind of lock-up commitment mechanism

It's too late to mend the fold, retail investors' money is already gone😭

Wow, Brother Machi's 13-game winning streak is gone just like that 😤

A wave of market collapse, and the $BTC long positions just couldn't hold on
Lost $192,000, liquidated and exited 💀

The reputation built from 13 consecutive wins
Could not hold on just once, and everything was returned

Teachers, myths are always temporary
If Machi is like this, what about you and me? 🤷
$BTC

$ETHFI Attention!

One hour ago, this guy withdrew 3.6 million from Binance $ETHFI ,

and directly sold for 1.587 million USDC

It feels like because of today's news, the big guy is clearing out the altcoins again

I went, Bitcoin has been hit by politics again

JD Vance said, "Negotiations with Iran have collapsed"
BTC directly dropped below $72,000
Teachers, with just this one sentence, how many positions are gone?😭

Negotiations in Pakistan, the situation in the Middle East, the mouths of American politicians
Any one of them could shake things up, and the coin price kneels in respect

Retail investors are still studying candlesticks, looking at RSI, drawing support levels
When the Vice President speaks, all technical analysis goes out the window

I really can't hold on anymore
It's not a bear market, it's a news market
You never know which direction the next tweet will come from to poke you😂

Teachers, can you hold on?
Or have you quietly lowered your stop-loss?🫡$BTC

Wow, this big guy is really ruthless! Not even blinking while smashing 4.7 million U to get WBTC.

Cost 72,720 dollars

Held for only 15 hours, 72,536 dollars directly liquidated and ran away💰

Lost 12,000 U, saying buy just buy, saying withdraw just withdraw?😭

Pure experience card, ready to be a bag holder again?

Teachers' speed is something retail investors can't understand
$BTC

Wow, Arthur Hayes is at it again!

After a 3-month hiatus, he directly increased his position by 26,000 $HYPE,

buying 1.1 million dollars without batting an eye.

He now holds 247,000 coins, with a total value of 10.44 million dollars, making a profit of 2.5 million.

This move is really bold, I genuinely envy the balance in the big guy's wallet 😭

The key is that he started planning this 3 months ago and is now continuing to add to his position.

Is this optimistic or just pump and dump?

Anyway, retail investors are always the last to know 🤷

Teachers, do you have a regular investment in $HYPE?

Or are you preparing to be the one left holding the bag again?
$HYPE

Grayscale has updated its list of coins under consideration again, including popular coins like $HYPE , STX, and VIRTUAL. But to be honest, this is just a "backup list"; being under consideration does not mean they will be included in the product.

Interestingly, HYPE is on the list; just a few days ago, Bitwise announced that it will launch an HYPE ETF, and now Grayscale has added it to their consideration list.

The fact that both institutions are focusing on HYPE is not a coincidence; it shows that this coin indeed has momentum!

However, of course, don't get too excited upon hearing such news. Grayscale updates its list once a quarter, and essentially, it's just painting a picture and creating expectations for the market.

Looking back at history, when the Grayscale consideration list comes out, the coin prices do tend to rise in the short term, but very few actually make it into the product. Even if they do, it's often the start of buying at a high position; the cases of $LTC and $BCH are living examples.

$NOM The large holders with 59% control of the circulating supply have been crazily transferring coins to Binance since last night,

1.4 billion $NOM , worth 7.67 million dollars, and NOM has directly dropped by 39%.

This script is too classic; a whale controlling 60% of the circulating supply is itself a red flag,

Now concentrating on moving bricks to the exchange is just a clear sign of unloading, right?

Every order retail investors take below is just giving money to the big players.

To put it bluntly, coins with such a high concentration of chips should not be touched from the very beginning.

If you see a certain address holding over 30% of the project, it's recommended to move away directly; no matter how good the narrative is, it can't withstand the big players dumping it 🚩

Saylor bought again, acquiring 3468 BTC through STRC in one go at midnight.

This guy is really a believer; while others panic, he increases his position, and whether in a bull or bear market, his approach is just one word: buy.

However, if you think about it carefully, he is essentially leveraging by using perpetual preferred shares to buy coins.

In a bull market, he is a hero, but this model is most afraid of a long-term sideways market or a deep correction, as interest costs will slowly eat away at profits.

Retail investors shouldn't follow blindly; Saylor has Wall Street's financing tools backing him, while we do not.

Just take a look, if you truly believe in BTC, just stick to regular investments in spot trading 🧱
$BTC

2 AM pump, this timing is ridiculous, retail investors are all asleep, who will take the shares?

A 137% increase looks quite beautiful, but at 3:30, 115 million $FF was directly transferred from the custody wallet.

More than 68 million entered Binance and By, isn't this clearly a dump?

Sure enough, the price was directly halved from 0.171 to 0.1, a classic pump and dump routine.

Brothers who woke up in the middle of the night to see the surge, did you chase the high?😅$FF

The overall trading volume of on-chain Perp DEXs is declining, but the landscape is still quite interesting.

Hyperliquid's daily trading volume of 8.2 billion dollars remains firmly in the top position, nothing more to say about that.

But what is truly worth paying attention to is Aster, with a trading volume of 2.07 billion directly surpassing EdgeX and Lighter.

EdgeX and Lighter, after their TGE, EdgeX has at least doubled, while Lighter seems to be looking less impressive.

Of course, tradeXYZ, Lighter, and EdgeX each have their own trading volumes, and the overall on-chain derivatives track is becoming increasingly competitive.

Next, we'll see who can survive in the bear market 🫡
$HYPE $EDGE $LIT

It's exploded, there are actually people in the country being targeted by the tax bureau for speculating on contracts,

involving nearly 100 million in funds, directly resulting in a penalty decision

The most outrageous part is that the cause was actually a real-name report, who did they offend?

Moreover, the tax bureau is not checking the transaction records, but the bank inflow and outflow

Does this mean that trading cryptocurrencies will really have to pay taxes in the future?

Of course, the authenticity of this screenshot is still uncertain.
$BTC

Machi bro, is this cheating? 😂

Winning 13 games in a row, making 1.14 million dollars in a week, and the key is that he hasn't been liquidated for 10 days!

You should know that a while ago this guy got liquidated so badly, the whole internet was watching him get roasted. Now it's good, he’s directly resurrected and entered kill mode.

But speaking of which, gamblers think they are stock gods when they win,

I hope big brother Machi has really figured things out this time, and doesn't go back to square one again.
$HYPE

So impressive! The funding cost has reached 1.9 million dollars.

A certain whale leveraged $HYPE times on December 5 last year, with a maximum floating loss exceeding 26 million dollars.

It has held on until now, currently HYPE is over 40 dollars, with floating profits exceeding 2.77 million dollars.

However, to achieve "break-even," it still needs to make another 800k dollars.🤣

$RAVE 24 Hours skyrocketed by 232%!

On-chain analysts monitor that two addresses suspected to be related to the project party charged 18.58 million RAVE to a certain platform near the price rise point.

18.58 million were charged to a certain platform 10 hours ago, precisely at the price rise point,

0.43 shot up to around 1 dollar now.

The actions of the project party’s address are always a step faster than the announcements, this kind of 'god-level timing' is either due to information asymmetry,

or... you know what I mean.

Teachers doing contracts should still be cautious!!!

Another new wallet is here to gamble $HYPE . Starting with 2 million

At a price of 40 dollars, I bought nearly 50,000 HYPE.

Just created and already gambling, truly not afraid of heights.

Now, there are quite a few whales who are optimistic about $HYPE in this crazy market!