Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

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Forwarded from Doggo Digs
Forwarded from unfolded.
Twenty One Capital announces 4,812 BTC ($458,7M) purchase at average price of $95.3K through Tether — link
i think bscreener as the meta's main ICM tool will trade higher

esp with acknowledgement from both Pasternak and Nikita

think cookie during the AI meta

also in its own category against startups or plain memes in ICM
generally the more disbelief the better for the next leg

you gotta sentiment check ct
Forwarded from Mlm onchain
I saw lots of posts on the timeline about Abraxas Capital buying ETH. It’s not a directional bet but part of their Elysium Global Arbitrage Fund, which they are known for, meaning the position is market neutral

So why am I saying this? Because they’re using Hyperliquid to hedge a part of the holdings

They deposited $104.9M to Hyperliquid over the last 5 days and shorted $350M notional of ETH, BTC, and SOL

https://hypurrscan.io/address/0x5b5d51203a0f9079f8aeb098a6523a13f298c060

https://hypurrscan.io/address/0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

https://www.abraxascm.com/elysium-global-arbitrage-fund/