🐸 Poor Bybit, how much more can they take...

Once again, unusual transfers are being spotted — 650M USDT moved to unknown wallets 👀

If this is indeed part of the hack, Bybit's total losses are now at $2B.

Someone just secured themselves the most expensive weekend in history.

🐸 A bit of analysis—time to find something positive at this stage.

Here’s what I like:
- Bitfinex has accumulated a record number of ETH longs—ATH for the entire cycle.
- They've also started accumulating BTC longs.

Historically, these moments always led to growth. Not immediately, of course—volume needs to be built up, but after such longs, prices were always significantly higher.

👀 BTC longs on Bitfinex also confirm that we are in a cycle correction before the next leg up.

🐸 Fidelity still holds $20B in BTC
Saylor still holds $40B in BTC
BlackRock still holds $50B in BTC & ETH

🐸 Morning started with a message from a friend:

I WENT ALL IN ON CRYPTO

I’M DOWN BAD

SO I HAVE THE RIGHT TO BE EMOTIONAL AND SAY "FUCK" IN EVERY SENTENCE.

THANKS FOR UNDERSTANDING, BECAUSE THIS FUCKING SHIT IS INSANELY HARD.

And honestly? I get it.

The market dumped in perfect unison, with zero regard for the "quality" of tokens. Doesn’t matter if you were holding a memecoin or some revolutionary utility play — the result is the same: a sea of red, no survivors.

So unless you're BlackRock casually scooping up BTC at a billion per day, congrats — you’re now officially part of one of the bloodiest corrections in crypto history