唐华斑竹

Saying the bear market is over, but in reality they’re distributing and pocketing the proceeds—what does that mean?

On August 20, Wang Chun, co-founder of F2Pool, posted at 2:00 a.m. today, stating, “The bear market is over.”

Wang Chun is an important early figure in the cryptocurrency industry and a co-founder of F2Pool. Previously reported: in June, Wang Chun gradually accumulated roughly 70,600 ETH (about $117 million) and 966 WBTC (about $60.29 million).

However, during the market rebound in July, he subsequently transferred 36,600 ETH and 160 WBTC to Binance, with expected profits of $3.4 million.$ETH

So, what about whales again? If you’re human, you’ll make mistakes
8.19 Epic-Scale Short Squeeze Day Clears Liquidation Rankings: Multiple Whale Short Positions Liquidated at the 100 Million-Yuan Level
On August 20, the previous day’s crypto market saw an epic-scale short squeeze liquidation. Across the whole network, liquidations of short positions over a 24-hour period totaled more than $2.7 billion.

According to TradingBeats (formerly Hyperinsight) monitoring, on-chain there were 8 Bitcoin short whales whose liquidation sizes exceeded $10 million, and another 2 Ethereum short whales with liquidation sizes exceeding $10 million. Of these:

Whale 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57 saw a Bitcoin short position worth $96.39 million liquidated;

Whale 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 (pension-usdt.eth) saw an Ethereum short position worth $108 million liquidated;

Whale 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 (bowen1476) saw a Bitcoin short position worth $71.46 million liquidated;

Whale 0x8eff8ff863c1a54ec6697b7ad98fe30aa344bd5e (Shamrocked) saw a Bitcoin short position worth $61.11 million liquidated.$SOL

Du Yongping’s Investment Advice: Half Position in Kweichow Moutai, Half Position in Pop Mart

On August 20, Du Yongping, on Xueqiu, gave the following investment advice to investors with a market value of 40 million HKD: “A half position in Kweichow Moutai, and a half position in Pop Mart—hold firmly, don’t move. Of course, I don’t know how you define ‘not getting poor.’ With an annual spending of 100 (ten thousand), that should count, right?”

Du Yongping has long been fond of Kweichow Moutai and Pop Mart stocks. He previously said on August 13, “I’m willing to bet with Moutai holdings against any domestic fund for 100 million RMB, emulating Buffett’s ten-year commitment.” In addition, Du Yongping has repeatedly reiterated his long-term holding strategy for Pop Mart.

Regarding the pharmaceutical stock Moderna, which he invested in back in 2022, Du Yongping said today: “I don’t understand it, and I can’t hold it—I’m already out.” Yesterday, Moderna and Merck announced that the two parties will jointly develop a personalized mRNA cancer vaccine. As a result, Moderna’s stock price surged 177%. $BNB

CZ: Bitcoin still follows a four-year cycle, and the industry is entering the most policy-friendly period for crypto
On August 20, CZ discussed at the SALT conference in Jackson Hole, Wyoming, U.S., the “super cycle” theory of Bitcoin that he had previously mentioned at the Davos Forum, saying that the claim has not yet materialized. Based on the data, the market is still adhering to a relatively strict four-year cycle pattern, and it is currently in the bear phase. However, as total market capitalization continues to grow, the magnitude of price fluctuations is expected to narrow, resembling the stock-price volatility patterns of large companies such as Amazon and Facebook.

Regarding the U.S. regulatory environment, CZ said that this is the most industry-friendly period he has seen in the 12 years he has been working in the field. He believes that the U.S. regulatory framework has a demonstration effect for the world, and that the securities laws of many countries and the regulatory structure of exchanges are being modeled on the United States. At the same time, Hong Kong is accelerating legislation aligned with the U.S.-style regulatory approach.

In addition, CZ also talked about the allocation of his investment institution, YZi Labs. He said that currently about 70% of funds are allocated to the core tracks of crypto and blockchain, about 20% to AI, and the remaining portion to areas such as biotech. YZi Labs uses its own capital, and is not constrained by external LP return cycles. Its investments focus more on a project’s positive impact and the execution strength of the founding team, rather than simply on financial return models.

Regarding Hyperliquid, CZ said there is a misunderstanding in the industry: that because it is a Binance shareholder, it will only protect the position of centralized exchanges (CEX). But the reason it entered this industry is precisely because it believes in decentralization. If platforms like Hyperliquid—which do not require KYC—can enter the U.S. market in a compliant manner, it will open the door for the entire industry, allowing more Perp DEXs and decentralized services to reach U.S. and global users. As a result, U.S. consumers will also get better liquidity and prices. This will not only benefit Hyperliquid itself, but also international centralized trading platforms, including Binance. $HYPE

Zhang Ziyi is really an entertainment-industry Buffett. Four years ago, she invested more than 2 million to take a stake in the company; the company quickly went on to reach more than 800 million in revenue. Then she sold her shares and pocketed three hundred million in cash—everything secured!
In just four years, more than 2 million became 300 million. This kind of ability is definitely superhuman-level.
I wonder whether Brother Wang would regret seeing this. $BNB

Oh my God, I woke up early and saw ETH surged up 20% in one go! The world seems to have turned upside down— is this really true? It feels like it’s been a long time since I had this kind of feeling. The feeling of a bull market $ETH
#比特币时隔三月重返6.9万美元

On August 19, A-share “the first humanoid robot stock” Unitree Technology officially listed on the STAR Market. On the first trading day, the stock opened at 1,100 yuan per share, up 629.44% from the issue price. Based on the opening price, the company’s total market value exceeded 444.9 billion yuan; for investors who won one lot (500 shares), the unrealized gain was about 474,600 yuan. On the first day of listing, a woman who won a lot posted a video on a social platform, visibly emotional; she wrote a heartfelt message of thanks to Unitree Technology with tears, while also revealing that after the market opened she had chosen to sell all her shares, and the profits were already in hand. $UNITREE

Wang Xingxing Becomes the New Post-90s Richest Person! Unitree Robotics Surges 600% on First Day of Listing, With Single-Share Subscription Profit Exceeding 470,000 Yuan
On August 19, Unitree Robotics, known as the “first A-share humanoid robot stock,” officially listed on the STAR Market, with an issue price of 150.80 yuan per share. On its first trading day, Unitree Robotics opened up 629.44%, reaching 1,100 yuan per share.

The prospectus shows that founder Wang Xingxing directly holds 21.43% of the shares and indirectly holds 9.84% through an employee shareholding platform, for a total of 31.29%. Based on this, Wang Xingxing’s net worth exceeds 130 billion yuan.

Worth noting: in the online subscription phase, a total of 9.7846 million households of investors participated, setting a new record high in the history of the STAR Market. The final winning rate was as low as about 0.018%, making it one of the hardest STAR Market stocks to get a subscription allocation for. Assuming one lot equals 500 shares and payment is 75,400 yuan, by the opening price, investors who were allocated a lot already had an unrealized gain of more than 470,000 yuan. $UNITREE

Stop mocking Yang Yuanqing. Now even in his dreams he laughs himself awake! Lenovo Group’s share price has multiplied several times—from 8 yuan at the beginning of the year to 35 yuan today. Its market value has exceeded 420 billion Hong Kong dollars. At this year’s March GTC conference, NVIDIA CEO Jensen Huang told Yang Yuanqing, “This year belongs to Lenovo.” Yang Yuanqing then said, “We are very strong!” $SOL

When Yushu went public, this should have been the spotlight moment for a tech stock. So what happened? It opened at 1100 yuan—and then kept going south, without even catching a breath.

The broader market got pulled down by it; other tech stocks followed and crashed too. The screen was filled with nothing but green—exactly like the weed fields downstairs at my place.

And you know what’s funny? Today the securities sector was like it had fallen asleep—didn’t come out to support the market at all.

Coal and pharma were in the green, but that green was about as “halfhearted” as it gets—what was rising were just side pieces, while strong stocks didn’t move an inch. This kind of green is like an electric blanket in winter: on it doesn’t warm you, but when you turn it off it’s still cold.

Honestly, no matter how you look at this trend, it reeks of something “intentional.”

It’s obvious they’re first pressing tech stocks to the ground and grinding them down to shake out any holders who aren’t firm—then, once you’ve all panicked and sold, they’ll stage a rebound in the next day or two. That way, the people who chase in will just keep standing guard.

Who hasn’t seen this kind of script played out a few times in A-shares, old leek that we are?

But the problem is, even if you see through it, when you still buy tech today, your heart is still up and down. You know it might be a golden pit, but who can guarantee there aren’t mines buried in it?

That’s the stock market: you understand the logic, and the money you’re supposed to lose never falls short by even a cent.

In the tech rebound over the next day or two, will you chase it?

Anyway, I’m not daring enough to go heavy—at most I’ll take a 20% position to test the waters $UNITREE

Li Juan becomes famous again with inspiring quotes!
Suffering is only poverty!
At first hearing this saying, it seems unreasonable!
Hearing it again, I think it’s just like that! $SOL

Yesterday I deliberately spent a few dozen extra yuan and went all the way to a Wanda IMAX theater, just to have a look at the supposedly “overhyped” movie Odyssey.

Earlier online it was getting talked up like crazy—so much so that even Luo Yonghao was shouting about spending 2,000 yuan to get four tickets. And with director Christopher Nolan’s name and Interstellar hanging there too, it totally whetted everyone’s appetite to the limit.

But after sitting there for those more-than-two hours, I felt like I was trapped.

If it weren’t for that towering, screensize display, the audio system that rattled my eardrums, and the fact that the few dozen yuan for the tickets still stung in my heart, I really would’ve walked out halfway.

In plain terms, it’s all the fame, but not really up to expectations. Without all those big special-effects “wrappers,” the story is pretty ordinary. No wonder young people don’t like watching it—they all went to see Bull Returns instead.

Sometimes you really can’t trust all those big-shot halos and bandwagon hype. The more something is praised and propped up, the harder it breaks when it falls. On the other hand, those seemingly unremarkable things—when you actually see them—can hit straight into your heart.
$SOL

This Unitree is really something...

The first day it went public, the robotics sector had the highest capital inflow, but that’s only about 500 million...

In the whole sector, aside from Unitree, everything is green...

Seriously speechless.

Dare to go fully short—I feel like this thing can’t hold up this price $SOL

At this moment, if you don’t hold steady, when will you? For Big A’s bubble stocks—a toy company controlled by remote control—it's impossible for it not to fall. If you profit more than 400,000 yuan from a single share you won in the new share subscription lottery, why not sell it and take the money home? Where can you short it? Of course through Gate! Look here—I’ve already shorted it.

Unitree surges 629% on its first day of trading: opening at 1,100 yuan, market cap nearly 450 billion

Unitree Technology officially lists on the STAR Market. On its first day, the opening price was 1,100 yuan, up 629.44% from the 150.80 yuan issue price. Based on the total number of shares after issuance, the company’s market cap has already surged to about 444.9 billion yuan.

For this IPO, Unitree raised about 6.1 billion yuan. Before the offering, retail subscriptions were over 8,000 times, setting a record on the Shanghai Stock Exchange’s STAR Market. The market had already been betting on a big jump before listing, but the first day’s performance still clearly exceeded expectations. $SOL