Crypto Mumbles
if this is anything similar to AI meta, the drawdown comes soon in which you load the dips before it rips the next leg remember how everyone shat on ai during the first drawdown and ct was acting like its over the whole competition between sentient and trad…
the test of conviction is coming, whats your play?
generally the more disbelief the better for the next leg
you gotta sentiment check ct
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/
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/
Abraxas Capital Management
Elysium Global Arbitrage Fund - Abraxas Capital Management
The Elysium Global Arbitrage Fund was launched in 2018 and offers a unique opportunity to access a market neutral investment strategy in the crypto currency ecosystem backed by a bespoke proprietary software solution. The fund’s strategy aims to generate…
Forwarded from New Listings Feed
Forwarded from infinityhedge
COINBASE DATA LEAK ⚠️🚨
Coinbase: Cyber criminals bribed and recruited a group of rogue overseas support agents to steal Coinbase customer data to facilitate social engineering attacks. These insiders abused their access to customer support systems to steal the account data for a small subset of customers. We will reimburse customers who were tricked into sending funds to the attacker.
*Coinbase: We will not pay the $20M ransom demand we received. Instead we are establishing a $20M reward fund for information leading to the arrest and conviction of the criminals.
*Coinbase expects up to $400 million hit from cyber attack
Coinbase: Cyber criminals bribed and recruited a group of rogue overseas support agents to steal Coinbase customer data to facilitate social engineering attacks. These insiders abused their access to customer support systems to steal the account data for a small subset of customers. We will reimburse customers who were tricked into sending funds to the attacker.
*Coinbase: We will not pay the $20M ransom demand we received. Instead we are establishing a $20M reward fund for information leading to the arrest and conviction of the criminals.
*Coinbase expects up to $400 million hit from cyber attack
Forwarded from Tradehaven
A Nillionaire is someone who has little to no money. The 'Nil' is from Latin, meaning nothing.
Resonates …
Resonates …