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Why Ethereum, Solana, and all โaltcoinsโ are officially IRRELEVANT, broken down by @_Checkmatey_ in 39 seconds ๐ฅ
๐ค CEO CQ: some optimistic thoughts on #ETH:
1. No significant selling pressure after the Bybit hack;
2. Ethereum holds 56% of the market capitalization of stablecoins. With Trump easing cryptocurrency regulations, more companies may use Ethereum in 2025;
3. Spot #ETF on ETH has already been approved. A tailwind from regulators could trigger a "large-cap altcoin season";
4. Whales are piling up: 10-100k ETH wallet balances have grown 24% over the past year. The current price is approaching the base value of their accumulation.
1. No significant selling pressure after the Bybit hack;
2. Ethereum holds 56% of the market capitalization of stablecoins. With Trump easing cryptocurrency regulations, more companies may use Ethereum in 2025;
3. Spot #ETF on ETH has already been approved. A tailwind from regulators could trigger a "large-cap altcoin season";
4. Whales are piling up: 10-100k ETH wallet balances have grown 24% over the past year. The current price is approaching the base value of their accumulation.
X (formerly Twitter)
Ki Young Ju (@ki_young_ju) on X
Some bullish thoughts on $ETH:
1/ No significant sell pressure post-Bybit hack. On-chain and market data remain neutral. Exchange selling takes time, and OTC offloads barely affect the price.
2/ Ethereum holds 56% of the stablecoin market cap. With Trumpโฆ
1/ No significant sell pressure post-Bybit hack. On-chain and market data remain neutral. Exchange selling takes time, and OTC offloads barely affect the price.
2/ Ethereum holds 56% of the stablecoin market cap. With Trumpโฆ
๐ฐ๐ท๐
โโ๏ธ South Korean regulator: new Upbit users are banned from depositing and withdrawing funds for the next 3 months.
๐ฒ๐ #FTT +40% in the moment on the first tweet SBF in 2 yrs. Shopping
๐ #BTC Matrixport: BTC has broken the rising wedge - usually this situation is seen as bearish. The probability of a deeper correction is increasing. Although we expect that prices may rise later this year, but this situation makes us more cautious.
๐ค #ENA Ethena Labs, ัะผะธัะตะฝั USDe, ะธะฝัะตะณัะธััะตั ะพัะฐะบัะปั Edge Proof of Reserves ะพั Chaos Labs. coindesk
CoinDesk
USDe Issuer Ethena Labs Integrates Chaos Labs' Edge Proof of Reserves Oracles to Strengthen Risk Management
The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.
๐ธ #BTC Liquidated $438.32 million of longs in the last hour and $1.25 billion in 24 hours.
๐ต๏ธโโ๏ธ๐ธ Trader sold 1,783.48 #BTC at an average price of $89,138 and a total value of $159 million. His average opening price was $100320. He lost all of his initial floating profit.
Some whale liquidations:
1. 0x94f7 liquidated at 921 #WETH (~$2.19M);
2. 0x92d7 liquidated at 1.1k #wstETH (~$3.27 million);
3. 0x98e7 liquidated at 1.3k #WETH (~$3.13 million).
Some whale liquidations:
1. 0x94f7 liquidated at 921 #WETH (~$2.19M);
2. 0x92d7 liquidated at 1.1k #wstETH (~$3.27 million);
3. 0x98e7 liquidated at 1.3k #WETH (~$3.13 million).
๐ต๏ธโโ๏ธ Bybit returned 47,800 #ETH to institutions/kits that withdrew funds from Binance. 12,652 #stETH MEXC and 20,000 ETH to address 0x327 remain to be returned.
Ethereum (ETH) Blockchain Explorer
Bybit 2 | Address: 0x88a14933...3E323Ade3 | Etherscan
Address (EOA) | Balance: $87,585,403.09 across 8 Chains | Transactions: 583 | As at May-11-2026 02:53:37 PM (UTC)
๐ #RED Introducing RedStone on Binance Launchpool and Upward Circuit Breaker Mechanism for Binance Pre-Market. binance
Binance
Introducing RedStone (RED) on Binance Launchpool and Price Cap Mechanism for Binance Pre-Market | Launchpool,Binance Announcementsโฆ
Binance is excited to announce the 64th project on Binance Launchpool - RedStone (RED), a multi-chain oracle across EVM and non-EVM chains.
๐น #HMSTR #TON Hamster Kombat: We are excited to report on the launch of Hamster Network โ the first-ever gaming-focused Layer-2 blockchain built on TON.
X (formerly Twitter)
Hamster Kombat (@hamster_kombat) on X
๐ We are excited to report on the launch of Hamster Network โ the first-ever gaming-focused Layer-2 blockchain built on TON!
๐ @hmstrnetwork will provide blazing-fast and scalable infrastructuโฆ
๐ @hmstrnetwork will provide blazing-fast and scalable infrastructuโฆ
๐ #SOL network activity has declined by 60%, dropping from an all-time high of 18.5 million active addresses in October to just 7.3 million today.
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WTF is going on?
๐๐ #BTC Cost Basis Distribution shows that the last substantial demand zone appears around $89K-$87K. Below this, there are relatively few investors with cost bases until $71K-$72K (-1ฯ below STH cost basis). This could mean weaker support in this range, giving bears more control.
๐๐ฎ #IMX Co-founder of Immutable: tomorrow we're announcing our third game with many billions of dollars invested.
X (formerly Twitter)
Robbie Ferguson | Immutable (@0xferg) on X
Tomorrow we announce the third multi billion dollar backed game building on @Immutable.