$690B Stablecoin Opportunity? Crypto CEO Tells Senate Digital Assets Can Cut Costs
Key Takeaways:
Cody Carbone, CEO of Digital Chamber, told the United States Senate that digital assets can help reduce payments, remittance and asset ownership costs.Stablecoins and payment rails built on blockchain could cut costs of cross-border payments and merchant transactions.Tokenization can enhance the transfer of ownership, real estate transactions, and investment markets.User Score
8.7
Follow us on Google NewsThe Digital Chamber of Commerce’s CEO Cody Carbone appeared before lawmakers in Washington to discuss how technological blockchain blocks could help alleviate financial friction for households and businesses in America.
In the Senate Banking Committee, Carbone testified that crypto is not an inflation- or housing-busting tool, but can reduce payment, remittance and asset transfer costs.
Key Takeaways:
Cody Carbone, CEO of Digital Chamber, told the United States Senate that digital assets can help reduce payments, remittance and asset ownership costs.Stablecoins and payment rails built on blockchain could cut costs of cross-border payments and merchant transactions.Tokenization can enhance the transfer of ownership, real estate transactions, and investment markets.User Score
8.7
Follow us on Google NewsThe Digital Chamber of Commerce’s CEO Cody Carbone appeared before lawmakers in Washington to discuss how technological blockchain blocks could help alleviate financial friction for households and businesses in America.
In the Senate Banking Committee, Carbone testified that crypto is not an inflation- or housing-busting tool, but can reduce payment, remittance and asset transfer costs.
Kansas Wealth Management Firm Data Breach Potentially Exposes Client Names, Social Security Numbers and More
Cybercriminals infiltrated the computer networks of the Kansas-based financial advisory firm Werth Wealth Management (WWM).
Werth says the cybersecurity division at financial services firm Raymond James detected unauthorized access to WWM’s computer systems, allowing hackers to steal client data, which may include names, dates of birth, Social Security numbers, driver’s license and passport numbers, dates of birth and account identifiers at Raymond James, reports Claim Depot.
Cybercriminals infiltrated the computer networks of the Kansas-based financial advisory firm Werth Wealth Management (WWM).
Werth says the cybersecurity division at financial services firm Raymond James detected unauthorized access to WWM’s computer systems, allowing hackers to steal client data, which may include names, dates of birth, Social Security numbers, driver’s license and passport numbers, dates of birth and account identifiers at Raymond James, reports Claim Depot.
🤑 Free ECX for your BTC stash: a three-stage hard fork (but don't get too excited, you degenerate) 🤑
Every single BTC holder gets 1 ECX per BTC at snapshot time. Sounds like free money, right? But here's the kicker: they cut out the Satoshi-era wallets (about 1.1M BTC) from the airdrop. This fork is being pushed by Paul Sztorc (aka Truthcoin) — the same guy who's been shilling Drivechains for ages but couldn't convince the Bitcoin community. So now he's forcing it through a fork. Classic.
▪️ Snapshot for the alpha phase at block 963648 (mid-August) — they'll drop test pECX tokens that'll be burned after beta.
▪️ Real ECX only comes after the beta on September 20 (block 967680) and the final mainnet on October 31 (block 973728).
▪️ The fork doesn't touch your BTC — it just copies your balance onto a new chain. Your Bitcoin stays safe, and you get a free bonus asset. No risk, but don't get too comfy.
▪️ They cut out ~1.1M BTC from the airdrop — those are the early wallets, probably Satoshi and his gang. No ECX for them. Guess they don't need more freebies.
▪️ Mining is SHA-256d, same as Bitcoin, but difficulty starts super low — first blocks will be mined fast and cheap. So expect some early miners to scoop up easy coins.
▪️ Right after mainnet, they'll launch 7 sidechains: Thunder (fast payments), Zside (privacy), Truthcoin (betting), and others. A whole ecosystem of promises.
📊 Airdrop ratio:
📊 Excluded wallets:
📊 Key dates:
🔮Sztorc finally got his way — not through a soft fork like a gentleman, but a hard fork like a bull in a china shop.
@macpocommunity
Every single BTC holder gets 1 ECX per BTC at snapshot time. Sounds like free money, right? But here's the kicker: they cut out the Satoshi-era wallets (about 1.1M BTC) from the airdrop. This fork is being pushed by Paul Sztorc (aka Truthcoin) — the same guy who's been shilling Drivechains for ages but couldn't convince the Bitcoin community. So now he's forcing it through a fork. Classic.
▪️ Snapshot for the alpha phase at block 963648 (mid-August) — they'll drop test pECX tokens that'll be burned after beta.
▪️ Real ECX only comes after the beta on September 20 (block 967680) and the final mainnet on October 31 (block 973728).
▪️ The fork doesn't touch your BTC — it just copies your balance onto a new chain. Your Bitcoin stays safe, and you get a free bonus asset. No risk, but don't get too comfy.
▪️ They cut out ~1.1M BTC from the airdrop — those are the early wallets, probably Satoshi and his gang. No ECX for them. Guess they don't need more freebies.
▪️ Mining is SHA-256d, same as Bitcoin, but difficulty starts super low — first blocks will be mined fast and cheap. So expect some early miners to scoop up easy coins.
▪️ Right after mainnet, they'll launch 7 sidechains: Thunder (fast payments), Zside (privacy), Truthcoin (betting), and others. A whole ecosystem of promises.
📊 Airdrop ratio:
1:1 ECX/BTC📊 Excluded wallets:
~1.1M BTC (Satoshi-era addresses)📊 Key dates:
Alpha ~Aug, Beta Sep 20, Mainnet Oct 31For BTC holders, this is free cheese with minimal risk — you lose nothing, you get a token. But don't kid yourself: ECX is a competing chain that could siphon off hype and liquidity. If it pumps, you sell ECX for BTC and take profit. If it dumps, you forget it ever existed. The catch? Make sure your BTC is in your own wallet at snapshot time, not on an exchange — otherwise you'll miss the drop. Exchanges might not support it, so DYOR.
🔮
@macpocommunity
📉 Night of the dump and new highs – morning debrief for the bagholders
So Bitcoin dumped, then pumped to new highs overnight. Surprise, surprise – exactly when the leverage got flushed. Retail got rekt, whales got richer. Same old story, different day. But hey, at least the charts look pretty again.
@macpocommunity
So Bitcoin dumped, then pumped to new highs overnight. Surprise, surprise – exactly when the leverage got flushed. Retail got rekt, whales got richer. Same old story, different day. But hey, at least the charts look pretty again.
@macpocommunity
🐋 Abraxas just dumped a $783M short nuke on Hyperliquid — and then hedged with $173M ETH. Classic whale move.
London whale Abraxas Capital just parked a massive $783M short position on Hyperliquid — the biggest short book DeFi has ever seen. But don't let the headlines fool you, boys. They're not just betting the farm on a crash. They pulled $173M in ETH from Binance as a hedge, turning this into a funding rate farm, not a directional bet. Classic whale play: collect from the longs while staying neutral.
▪️ They spread $783M in shorts across ETH ($193.9M), BTC ($175.4M), HYPE ($141.6M), SOL ($65.8M) on Hyperliquid — two wallets doing all the heavy lifting. Because why use ten when two will do?
▪️ Over 4 days, they quietly pulled $173M ETH off Binance — a spot cushion to offset the short perp exposure. Net result: nearly market-neutral. They're not gambling, they're arbitraging.
▪️ The play? Collect funding payments from all you leveraged longs while staying hedged. Abraxas has already banked over $300M in realized profits from this arbitrage game.
▪️ Currently sitting on an $80.8M unrealized loss. That's just the cost of doing business, kid. They're printing funding fees, not betting on direction. The loss is just a tax write-off.
▪️ Just added another $19.5M in shorts in a 2-hour window. Their short book has been bouncing between $500M and $900M since mid-2025; currently at $598M. They're playing the range, not the price.
▪️ The HYPE short ($141.6M) is paired with spot HYPE buys — same neutral harvest, different token. They're farming everything.
📊 Short position:
📊 ETH withdrawn:
📊 Unrealized loss:
📊 Realized profit:
🔮Abraxas isn't predicting a crash — they're selling you insurance and cashing the premium. The real trade is the funding rate, not the direction. You're the mark, they're the house.
@macpocommunity
London whale Abraxas Capital just parked a massive $783M short position on Hyperliquid — the biggest short book DeFi has ever seen. But don't let the headlines fool you, boys. They're not just betting the farm on a crash. They pulled $173M in ETH from Binance as a hedge, turning this into a funding rate farm, not a directional bet. Classic whale play: collect from the longs while staying neutral.
▪️ They spread $783M in shorts across ETH ($193.9M), BTC ($175.4M), HYPE ($141.6M), SOL ($65.8M) on Hyperliquid — two wallets doing all the heavy lifting. Because why use ten when two will do?
▪️ Over 4 days, they quietly pulled $173M ETH off Binance — a spot cushion to offset the short perp exposure. Net result: nearly market-neutral. They're not gambling, they're arbitraging.
▪️ The play? Collect funding payments from all you leveraged longs while staying hedged. Abraxas has already banked over $300M in realized profits from this arbitrage game.
▪️ Currently sitting on an $80.8M unrealized loss. That's just the cost of doing business, kid. They're printing funding fees, not betting on direction. The loss is just a tax write-off.
▪️ Just added another $19.5M in shorts in a 2-hour window. Their short book has been bouncing between $500M and $900M since mid-2025; currently at $598M. They're playing the range, not the price.
▪️ The HYPE short ($141.6M) is paired with spot HYPE buys — same neutral harvest, different token. They're farming everything.
📊 Short position:
$783M📊 ETH withdrawn:
$173M📊 Unrealized loss:
$80.8M📊 Realized profit:
$300M+If you're long ETH, BTC, HYPE, or SOL on Hyperliquid, congrats — you're paying Abraxas's funding fees. This whale isn't betting on a crash; they're collecting the premium from all you leveraged degens. The short book will grow or shrink based on funding rates, not price. Watch for position changes — they've slashed from $760M to $270M before. Don't say we didn't warn you.
🔮
@macpocommunity
💸 $250M in long leverage gets rekt as Bitcoin dips to $76k – weekend trap for hopium addicts
Bitcoin's weekend 'dip' just liquidated $250 million in leveraged long positions over 24 hours – $101M of that in just four hours as BTC slid from near $80k to $76,088. The leveraged crowd got absolutely rekt while open interest shrunk and funding rates went flat. Classic weekend trap for the hopium crowd. But hey, maybe this time it's different? Yeah, right.
▪️ BTC dropped 1.8% in 24h, from $80k to $76,088 – but leveraged longs got hit way harder than the move suggests. Almost like the market knew exactly who to target.
▪️ $101M liquidated in four hours alone, 86% of all liquidations that window – longs were the prey. And they fell for it.
▪️ Open interest dropped 2.65% to $54.54B – leverage is fleeing, not reloading. Smart money is sitting out.
▪️ Funding rates near 0.01% – no premium for longs, meaning no one was desperate to go long. The hopium was already stale.
▪️ Binance handled $65M in liquidations; the largest single hit was an $11.72M ETHUSDT long. Ouch.
▪️ Long-short ratio at 0.9238 – more traders betting against the pump than riding it. The crowd is split, but the shorts have the edge.
📊 Long liquidations 24h:
📊 Total liquidations 24h:
📊 BTC bottom:
📊 OI drop:
🔮Weekend flush clears the weak hands – but Monday's ETF flows will tell if this was a dip to buy or a bounce to sell. Don't get your hopes up.
@macpocommunity
Bitcoin's weekend 'dip' just liquidated $250 million in leveraged long positions over 24 hours – $101M of that in just four hours as BTC slid from near $80k to $76,088. The leveraged crowd got absolutely rekt while open interest shrunk and funding rates went flat. Classic weekend trap for the hopium crowd. But hey, maybe this time it's different? Yeah, right.
▪️ BTC dropped 1.8% in 24h, from $80k to $76,088 – but leveraged longs got hit way harder than the move suggests. Almost like the market knew exactly who to target.
▪️ $101M liquidated in four hours alone, 86% of all liquidations that window – longs were the prey. And they fell for it.
▪️ Open interest dropped 2.65% to $54.54B – leverage is fleeing, not reloading. Smart money is sitting out.
▪️ Funding rates near 0.01% – no premium for longs, meaning no one was desperate to go long. The hopium was already stale.
▪️ Binance handled $65M in liquidations; the largest single hit was an $11.72M ETHUSDT long. Ouch.
▪️ Long-short ratio at 0.9238 – more traders betting against the pump than riding it. The crowd is split, but the shorts have the edge.
📊 Long liquidations 24h:
$250.57M📊 Total liquidations 24h:
$339.73M📊 BTC bottom:
$76,088📊 OI drop:
-2.65%This flush is a classic weekend trap – no spot support, thin order books, and a market that was way too long. The funding rate was already near zero, meaning the long bias was exhausted. Now open interest is down, leverage is reset. But don't be a dumbass and think it's safe to go long again – the ETF bid is off until Monday, and if it doesn't come back strong, BTC could test $75k. Shorts might be tempted, but remember the earlier squeeze that wiped out $3B in shorts. This market is bipolar as fuck. Best to sit on your hands and wait for Monday's ETF flows to decide the next move.
🔮
@macpocommunity
🚀 BTC rips $77K, $3B shorts liquidated – but the 'smart money' is still bleeding $75M on Hyperliquid. Get the popcorn.
Bitcoin just ripped through $77K and reclaimed the 50-week EMA for the first time since November 2025, wiping out over $3 billion in BTC shorts. The catalyst? Treasury Secretary Scott Bessent's bond buyback plan that sent yields plunging and revived risk appetite. Cute, right? But here's the funny part: Abraxas, Fasanara, and Wintermute are still sitting on $603M in combined short exposure on Hyperliquid, bleeding $75M in unrealized losses as we speak. Someone's about to get absolutely rekt – again.
▪️ Bessent's bond buyback plan tanks yields, triggers risk-on. BTC up 23% in a week. Classic gov intervention benefiting insiders.
▪️ Bitcoin closes above 50-week EMA first time since Nov 2025. Trend reversal signal – if you trust the guys shorting.
▪️ Over $3B BTC and $4.5B total crypto shorts liquidated Aug 19-22. Bears squeezed. But institutional shorts still open.
▪️ Abraxas $783M short on Hyperliquid, Fasanara & Wintermute $603M combined. All still open and bleeding. Margin calls coming.
▪️ US spot Bitcoin ETFs $1.9B inflows last week – biggest since Jan. Retail piles in. Wonder who's selling?
▪️ Jackson Hole Aug 27 with crypto-friendly theme. Eyes on Fed Chair Warsh. Expect fakeout.
📊 BTC Shorts Liquidated:
📊 Total Crypto Shorts Liquidated:
📊 Institutional Shorts Still Open:
📊 Unrealized Losses on Those Shorts:
💬 «If history repeats, Bitcoin will try to get as close as possible to ~$93,000 in 2027. But first, Bitcoin needs to fully confirm its Bear Market bottom and fully confirm a break of the Macro Downtrend.» — Rekt Capital
🔮Same three firms that got crushed in July are doubling down on shorts. Either they know something, or they're next liquidity meal. My money's on the latter.
@macpocommunity
Bitcoin just ripped through $77K and reclaimed the 50-week EMA for the first time since November 2025, wiping out over $3 billion in BTC shorts. The catalyst? Treasury Secretary Scott Bessent's bond buyback plan that sent yields plunging and revived risk appetite. Cute, right? But here's the funny part: Abraxas, Fasanara, and Wintermute are still sitting on $603M in combined short exposure on Hyperliquid, bleeding $75M in unrealized losses as we speak. Someone's about to get absolutely rekt – again.
▪️ Bessent's bond buyback plan tanks yields, triggers risk-on. BTC up 23% in a week. Classic gov intervention benefiting insiders.
▪️ Bitcoin closes above 50-week EMA first time since Nov 2025. Trend reversal signal – if you trust the guys shorting.
▪️ Over $3B BTC and $4.5B total crypto shorts liquidated Aug 19-22. Bears squeezed. But institutional shorts still open.
▪️ Abraxas $783M short on Hyperliquid, Fasanara & Wintermute $603M combined. All still open and bleeding. Margin calls coming.
▪️ US spot Bitcoin ETFs $1.9B inflows last week – biggest since Jan. Retail piles in. Wonder who's selling?
▪️ Jackson Hole Aug 27 with crypto-friendly theme. Eyes on Fed Chair Warsh. Expect fakeout.
📊 BTC Shorts Liquidated:
$3B📊 Total Crypto Shorts Liquidated:
$4.5B📊 Institutional Shorts Still Open:
$603M📊 Unrealized Losses on Those Shorts:
$75MSolid bullish signal – the 50-week EMA reclaim and massive short squeeze suggest the nine-month correction might be over. But don't get too comfortable, bagholder. $80K is next resistance; if Warsh turns hawkish at Jackson Hole, we get a fakeout. The real drama: $603M in institutional shorts on Hyperliquid. If BTC keeps ripping, they cover (fuel) or get liquidated (more squeeze). Win-win for longs. Watch $73K-$68K support; if it holds, rally has legs. If not, those shorts win and you're bagholding again.
💬 «If history repeats, Bitcoin will try to get as close as possible to ~$93,000 in 2027. But first, Bitcoin needs to fully confirm its Bear Market bottom and fully confirm a break of the Macro Downtrend.» — Rekt Capital
🔮
@macpocommunity
🐋 Tom Lee’s Bitmine just threw $81M at ETH — 97% there to owning 5% of all Ethereum. Retail, you’re welcome.
Bitmine, that Tom Lee-run treasury thingy, scooped up 32,447 ETH last week for $81M. Now they’re sitting on 5.85 million ETH — 4.8% of the entire supply. 97% of the way to their “Alchemy of 5%” goal. Translation: whale buys the dip, pumps it, then we get to hold the bag. Classic.
▪️ Bitmine now holds 5,847,611 ETH worth $14.3B — up $3B in a week. Must be nice.
▪️ They staked 87% of their ETH (over 5M tokens) via their own MAVAN validator network, earning 2.67% APY. Because why not print money while hoarding?
▪️ Projected annualized staking revenue: $330M — or $381M if they stake the whole pile. That’s more than most altcoins’ market caps.
▪️ Tom Lee says this ETH/BTC ratio cycle is driven by Wall Street tokenization and agentic-AI, not ICOs or NFTs. Sure, Tom. Whatever helps sell the narrative.
▪️ Lee’s full portfolio: $14.9B including 210 BTC, $308M cash, $180M in Beast Industries, $89M in Eightco Holdings. Diversification? Nah, just more ammo.
▪️ ETH jumped 30% last week — Bitmine’s biggest weekly buy since early July, way above the usual ~10K ETH. Coincidence? You tell me.
📊 ETH bought last week:
📊 Total ETH stash:
📊 % of total ETH supply:
📊 Staked ETH:
💬 «This ETH/BTC ratio has moved up during crypto bull cycles… In this upcoming crypto cycle, we see the ratio rising, driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains.» — Tom Lee
🔮Bitmine is one whale away from owning 5% of all ETH. When they hit it — sell the news or buy the hype? You know the answer: they sell, you buy the dip.
@macpocommunity
Bitmine, that Tom Lee-run treasury thingy, scooped up 32,447 ETH last week for $81M. Now they’re sitting on 5.85 million ETH — 4.8% of the entire supply. 97% of the way to their “Alchemy of 5%” goal. Translation: whale buys the dip, pumps it, then we get to hold the bag. Classic.
▪️ Bitmine now holds 5,847,611 ETH worth $14.3B — up $3B in a week. Must be nice.
▪️ They staked 87% of their ETH (over 5M tokens) via their own MAVAN validator network, earning 2.67% APY. Because why not print money while hoarding?
▪️ Projected annualized staking revenue: $330M — or $381M if they stake the whole pile. That’s more than most altcoins’ market caps.
▪️ Tom Lee says this ETH/BTC ratio cycle is driven by Wall Street tokenization and agentic-AI, not ICOs or NFTs. Sure, Tom. Whatever helps sell the narrative.
▪️ Lee’s full portfolio: $14.9B including 210 BTC, $308M cash, $180M in Beast Industries, $89M in Eightco Holdings. Diversification? Nah, just more ammo.
▪️ ETH jumped 30% last week — Bitmine’s biggest weekly buy since early July, way above the usual ~10K ETH. Coincidence? You tell me.
📊 ETH bought last week:
32,447📊 Total ETH stash:
5.85M📊 % of total ETH supply:
4.8%📊 Staked ETH:
5.07M (87%)If you’re holding ETH, yeah this looks like a massive confidence signal. But don’t kid yourself — Bitmine isn’t your friendly neighborhood whale. They’re positioning to dump on you or leverage you into oblivion later. That 30% pump already happened. Lee’s historical “comps” of 167% and 170% gains after similar weeks? That’s marketing bait. Watch for the retrace, or the rug if they decide to cash out. You’ve been warned.
💬 «This ETH/BTC ratio has moved up during crypto bull cycles… In this upcoming crypto cycle, we see the ratio rising, driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains.» — Tom Lee
🔮
@macpocommunity
💸 $650M up in smoke: Zondacrypto boss rats out the crew for a lighter sentence
Przemysław Kral, the guy who drove Zondacrypto into the dirt, is now singing like a canary to save his own skin. Polish prosecutors say customers got rekt for $650M — and the story's about to get uglier.
▪️ Kral charged with massive fraud, cooperating under Poland's Article 60 to dodge the heaviest cell.
▪️ Customer cash? Only partly went to crypto — the rest was funneled straight into managers' personal wallets. Classic.
▪️ Cold wallet with 4,503 BTC? Kral claims missing founder Sylwester Suszek (MIA since 2022) holds the keys. Yeah, sure.
▪️ On-chain data shows fat outflows from that wallet long before the collapse — so much for 'funds are stuck.'
▪️ Zondacrypto dumped 37M zloty on ads with Telewizja Republika and bankrolled right-wing politicians — you know, for 'transparency.'
▪️ Over 3,600 complaints filed, 250 TB of data seized, and they're sniffing around organized crime links.
📊 Customer losses:
📊 BTC stuck:
📊 Complaints:
📊 Data seized:
🔮So the guy who ran the circus is now the star witness. Who's sweating next — the pols who cashed those 37M zloty checks?
@macpocommunity
Przemysław Kral, the guy who drove Zondacrypto into the dirt, is now singing like a canary to save his own skin. Polish prosecutors say customers got rekt for $650M — and the story's about to get uglier.
▪️ Kral charged with massive fraud, cooperating under Poland's Article 60 to dodge the heaviest cell.
▪️ Customer cash? Only partly went to crypto — the rest was funneled straight into managers' personal wallets. Classic.
▪️ Cold wallet with 4,503 BTC? Kral claims missing founder Sylwester Suszek (MIA since 2022) holds the keys. Yeah, sure.
▪️ On-chain data shows fat outflows from that wallet long before the collapse — so much for 'funds are stuck.'
▪️ Zondacrypto dumped 37M zloty on ads with Telewizja Republika and bankrolled right-wing politicians — you know, for 'transparency.'
▪️ Over 3,600 complaints filed, 250 TB of data seized, and they're sniffing around organized crime links.
📊 Customer losses:
$650M📊 BTC stuck:
4,503 BTC📊 Complaints:
3,600+📊 Data seized:
250 TBIf you're still bagholding ZND, you're holding a dead cat — down 99.9%. For everyone else: this is the same old exchange collapse playbook — founder ghosting, 'lost' keys, money laundered through political pals. Kral's cooperation might spill some tea on who pocketed what, but don't expect a cent back. If your exchange can't prove reserves, you're next in line for the clown show.
🔮
@macpocommunity
BTC rips through $80K, shorts get $220M wrecked — ETH pumps 30% and Saylor just sits on his cash pile
Bitcoin finally punched through $80K for the first time since May, and guess what? $220M in shorts got torched in 24 hours. Ethereum's not far behind, pumping 30% this week on $2.6B of ETF inflows. But while the retail crowd is getting liquidated left and right, the big boys are playing a different game — one is hoarding cash like a dragon, the other is still buying the dip that never came.
▪️ BTC hit $80K Monday after Wall Street open, up 25% month-to-date — best August since 2017. Not bad for a dead coin, eh?
▪️ Short liquidations across all crypto hit $220M in 24 hours per CoinGlass. Bid liquidity at $76,700 — if you're looking for a dip, that's where the trap is set.
▪️ Strategy (Saylor) raised $2.01B by selling MSTR shares and bought exactly zero BTC. Instead, he parked $6.7B in cash. Yeah, he's waiting for a discount, the greedy bastard.
▪️ BitMine (Tom Lee) went the other way: added 32,447 ETH this week, now holds 5.85M — that's 4.8% of all ETH supply. Talk about conviction.
▪️ BitMine has 87% of its ETH staked, projecting $330M annualized staking yield. Even at these prices, it pays to accumulate. Or so they say.
▪️ Rekt Capital notes BTC weekly closed above the 50-week EMA ($77,251) for first time since Nov 2025. But he warns the real test is sustaining it. Translation: don't get too cocky.
📊 Short liquidations (24h):
📊 ETF inflows (week):
📊 Strategy cash buffer:
📊 BitMine ETH holdings:
💬 «Bitcoin has Weekly Closed at the highs. Now starts the real test.» — Rekt Capital
🔮Saylor's $6.7B cash pile is a giant 'fuck you' to this rally — he's waiting for the dip the rest of us are praying won't come.
@macpocommunity
Bitcoin finally punched through $80K for the first time since May, and guess what? $220M in shorts got torched in 24 hours. Ethereum's not far behind, pumping 30% this week on $2.6B of ETF inflows. But while the retail crowd is getting liquidated left and right, the big boys are playing a different game — one is hoarding cash like a dragon, the other is still buying the dip that never came.
▪️ BTC hit $80K Monday after Wall Street open, up 25% month-to-date — best August since 2017. Not bad for a dead coin, eh?
▪️ Short liquidations across all crypto hit $220M in 24 hours per CoinGlass. Bid liquidity at $76,700 — if you're looking for a dip, that's where the trap is set.
▪️ Strategy (Saylor) raised $2.01B by selling MSTR shares and bought exactly zero BTC. Instead, he parked $6.7B in cash. Yeah, he's waiting for a discount, the greedy bastard.
▪️ BitMine (Tom Lee) went the other way: added 32,447 ETH this week, now holds 5.85M — that's 4.8% of all ETH supply. Talk about conviction.
▪️ BitMine has 87% of its ETH staked, projecting $330M annualized staking yield. Even at these prices, it pays to accumulate. Or so they say.
▪️ Rekt Capital notes BTC weekly closed above the 50-week EMA ($77,251) for first time since Nov 2025. But he warns the real test is sustaining it. Translation: don't get too cocky.
📊 Short liquidations (24h):
$220M📊 ETF inflows (week):
$2.6B📊 Strategy cash buffer:
$6.7B📊 BitMine ETH holdings:
5.85M ETHIf you're holding BTC or ETH, this pump isn't just noise — $220M in shorts got wiped, so if bears keep piling in, the next leg up could get even spicier. But the real signal is in the big boys' moves: Saylor raises $2B and buys jack shit — he's clearly waiting for a fucking discount. Meanwhile, Tom Lee's BitMine is doubling down on ETH staking yield. That split tells you the market is still divided — institutional money is hedging, not going all-in. And don't forget September's bearish history, so don't get too attached to your bags.
💬 «Bitcoin has Weekly Closed at the highs. Now starts the real test.» — Rekt Capital
🔮
@macpocommunity
🤡 This 'trader' just torched $4.6M on 14 straight losing shorts, now opens the 15th at 40x on 300 BTC. You can't make this shit up.
Onchain bloodhounds are watching some poor bastard (or is he a whale with a death wish?) who just opened his 15th BTC short in 5 days — 40x leverage on 300 BTC, ~$23.1M. The catch? He's already burned $4.56M on 14 straight losers while BTC rallied 22%. This isn't a trader, it's a liquidity donation machine. And he's still at it.
▪️ bowen1476 just put on a 40x short on 300 BTC (~$23.1M) at $77,100. Because why learn from your mistakes?
▪️ Lookonchain says this wallet has dropped $4.56M on 14 shorts since Aug 19. That's not a streak, that's a career.
▪️ BTC pumped 22% in a week on Treasury buybacks and Clarity Act hype. Our guy here was shorting the whole way.
▪️ His last winning short? May. And that one lost $1.94M on 700 BTC. So basically, he's never won.
▪️ The squeeze just nuked $3B in shorts in 24 hours, 172k positions liquidated. And he's still adding.
▪️ To profit, BTC needs to drop below $77,100. It's at $77,500. So he's already underwater. Classic.
📊 Total losses (14 shorts):
📊 New short size:
📊 Leverage:
📊 BTC price at entry:
💬 «This wallet has not closed a winning short since its 700 BTC trade in May.» — Lookonchain data
🔮15th time's the charm? Or the biggest single trade donation in crypto right now? BTC at $77.5K — one more leg down and this guy is toast. Place your bets.
@macpocommunity
Onchain bloodhounds are watching some poor bastard (or is he a whale with a death wish?) who just opened his 15th BTC short in 5 days — 40x leverage on 300 BTC, ~$23.1M. The catch? He's already burned $4.56M on 14 straight losers while BTC rallied 22%. This isn't a trader, it's a liquidity donation machine. And he's still at it.
▪️ bowen1476 just put on a 40x short on 300 BTC (~$23.1M) at $77,100. Because why learn from your mistakes?
▪️ Lookonchain says this wallet has dropped $4.56M on 14 shorts since Aug 19. That's not a streak, that's a career.
▪️ BTC pumped 22% in a week on Treasury buybacks and Clarity Act hype. Our guy here was shorting the whole way.
▪️ His last winning short? May. And that one lost $1.94M on 700 BTC. So basically, he's never won.
▪️ The squeeze just nuked $3B in shorts in 24 hours, 172k positions liquidated. And he's still adding.
▪️ To profit, BTC needs to drop below $77,100. It's at $77,500. So he's already underwater. Classic.
📊 Total losses (14 shorts):
$4.56M📊 New short size:
300 BTC / $23.1M📊 Leverage:
40x📊 BTC price at entry:
$77,100If you're long BTC, bowen1476 is your sugar daddy. He's literally betting against the trend with max pain. BTC has been squeezing shorts for a week, macro is bullish (Treasury buybacks, Clarity Act). This degenerate is why your longs print. But if BTC suddenly dumps, his 40x will cascade and amplify the drop. So keep an eye on $77K — if it breaks, we might see a nice little flush. Or he gets rekt again. Either way, entertainment.
💬 «This wallet has not closed a winning short since its 700 BTC trade in May.» — Lookonchain data
🔮
@macpocommunity
💰 $439M in liquidations in 24 hours — both sides got rekt, and that's the real joke
Over 100k traders just got their faces ripped off for $439M in crypto derivatives. And the kicker? Longs and shorts got smoked almost 50/50. That's not a crash, not a pump — that's the market shaking the bag to shake out the paper hands. Classic.
▪️ Liquidations split damn near 50/50 between longs and shorts. Rare symmetry? Nah, just means the market doesn't know which way to fuck you yet.
▪️ Biggest single slaughter: a $4.97M BTCUSDT perpetual on Binance got torched. RIP to that guy.
▪️ Coinglass data says this all happened in 24 hours across every major exchange. Just another Tuesday.
▪️ Remember August 19? That was $2.99B — nearly 7x bigger. So this is spicy, but not the apocalypse. Yet.
▪️ Perps let retail apes play with pro-level leverage. 100k+ traders just learned the hard way that leverage works both ways.
📊 Total liquidated:
📊 Traders hit:
📊 Biggest single position:
🔮Balanced liquidations don't tell you shit about direction — just that the market's about to shake harder. Buckle up.
@macpocommunity
Over 100k traders just got their faces ripped off for $439M in crypto derivatives. And the kicker? Longs and shorts got smoked almost 50/50. That's not a crash, not a pump — that's the market shaking the bag to shake out the paper hands. Classic.
▪️ Liquidations split damn near 50/50 between longs and shorts. Rare symmetry? Nah, just means the market doesn't know which way to fuck you yet.
▪️ Biggest single slaughter: a $4.97M BTCUSDT perpetual on Binance got torched. RIP to that guy.
▪️ Coinglass data says this all happened in 24 hours across every major exchange. Just another Tuesday.
▪️ Remember August 19? That was $2.99B — nearly 7x bigger. So this is spicy, but not the apocalypse. Yet.
▪️ Perps let retail apes play with pro-level leverage. 100k+ traders just learned the hard way that leverage works both ways.
📊 Total liquidated:
$439M📊 Traders hit:
100,000+📊 Biggest single position:
$4.97M on BinanceIf you're sitting on leveraged longs or shorts right now, you're playing in a market that's whipping both ways like a drunk ex. No trend, just noise and rekt positions. August 19 showed how fast this can escalate to $3B. Keep your leverage stupid-low or just stay in spot until this shit calms down. Or don't — I need exit liquidity.
🔮
@macpocommunity
☕ Morning Shit Show: BTC at $80.5K, shorts got their teeth kicked in again
BTC faked a trip to the dentist at $76K, smoked $250M in long positions for breakfast, then bounced to $80,538 (+4.3%) — classic weekend rug for the leverage geniuses who thought they were slick. ETH’s chilling at $2,500 (+1.7%) after last week’s pump, still riding the ETF hopium IV drip.
▪️ PROM up 29% on a pathetic $22M volume — another day, another pump-and-dump script running circles on low-liquidity trash.
▪️ TUT down 38% on massive volume — devs finally remembered they had the private keys, eh? Shocker.
▪️ SOL up 7.6% with real volume ($572M) — maybe the institutions realized it wasn't actually buried six feet under.
▪️ Weekend dip to $76K obliterated a quarter billion in longs; Treasury buyback announcement then triggered a $3B short squeeze, shoving BTC back above its 50-week EMA.
▪️ Zondacrypto boss Przemysław Kral is suddenly best friends with prosecutors after allegedly losing $650M of client money in Poland’s biggest crypto heist.
▪️ ETH rallied 30% weekly on over $2.6B ETF inflows; BTC hit $80K, frying another $220M in shorts — bears are getting cooked medium-rare daily.
📊 Fear & Greed:
🔮Chasing that PROM +29%? Last week’s top gainers are next week’s top losers. You’ve been warned, degen.
@macpocommunity
BTC faked a trip to the dentist at $76K, smoked $250M in long positions for breakfast, then bounced to $80,538 (+4.3%) — classic weekend rug for the leverage geniuses who thought they were slick. ETH’s chilling at $2,500 (+1.7%) after last week’s pump, still riding the ETF hopium IV drip.
▪️ PROM up 29% on a pathetic $22M volume — another day, another pump-and-dump script running circles on low-liquidity trash.
▪️ TUT down 38% on massive volume — devs finally remembered they had the private keys, eh? Shocker.
▪️ SOL up 7.6% with real volume ($572M) — maybe the institutions realized it wasn't actually buried six feet under.
▪️ Weekend dip to $76K obliterated a quarter billion in longs; Treasury buyback announcement then triggered a $3B short squeeze, shoving BTC back above its 50-week EMA.
▪️ Zondacrypto boss Przemysław Kral is suddenly best friends with prosecutors after allegedly losing $650M of client money in Poland’s biggest crypto heist.
▪️ ETH rallied 30% weekly on over $2.6B ETF inflows; BTC hit $80K, frying another $220M in shorts — bears are getting cooked medium-rare daily.
📊 Fear & Greed:
74 (Greed)Fear & Greed at 74 (Greed), up from yesterday’s 73 — everyone’s feeling invincible again after two back-to-back squeezes. History says this is where you tighten your stops, but hey, don’t let me rain on your euphoria parade.
🔮
@macpocommunity
🛑 BitMEX finally kicks the bucket – close-only from Aug 26, dead by Sep 23
The old dinosaur is finally taking its last breath. BitMEX is shutting down – close-only mode starts August 26, full stop September 23. They call it a 'voluntary wind-down' after a 'strategic review' – which is code for 'we got smoked by Binance, dYdX, and everyone else.' No new positions after Aug 26, so if you're still holding bags there, you've got a month to GTFO.
▪️ Starting Aug 26 at 04:00 UTC – no new positions allowed, only close or reduce existing ones. If you're still trying to YOLO, you're already late.
▪️ Full trading services end Sep 23 at 04:00 UTC – after that, the exchange is a ghost town. Cue the tumbleweeds.
▪️ This is not a bankruptcy or regulatory shitshow – just a 'controlled exit.' But don't be naive; they lost the war against competition.
▪️ BitMEX was once the king of perps, now it's a museum piece. dYdX, Binance, and regulated futures ate their lunch and took their lunch money.
▪️ If you have open positions, close them before the deadline. Waiting until the last minute is how you get rekt – and don't blame anyone but yourself.
📊 Close-only start:
📊 Full shutdown:
💬 «a voluntary and orderly business wind-down following a strategic review» — BitMEX official notice
🔮BitMEX dead, but the perps market keeps spinning. The real question: which old-school exchange is next?
@macpocommunity
The old dinosaur is finally taking its last breath. BitMEX is shutting down – close-only mode starts August 26, full stop September 23. They call it a 'voluntary wind-down' after a 'strategic review' – which is code for 'we got smoked by Binance, dYdX, and everyone else.' No new positions after Aug 26, so if you're still holding bags there, you've got a month to GTFO.
▪️ Starting Aug 26 at 04:00 UTC – no new positions allowed, only close or reduce existing ones. If you're still trying to YOLO, you're already late.
▪️ Full trading services end Sep 23 at 04:00 UTC – after that, the exchange is a ghost town. Cue the tumbleweeds.
▪️ This is not a bankruptcy or regulatory shitshow – just a 'controlled exit.' But don't be naive; they lost the war against competition.
▪️ BitMEX was once the king of perps, now it's a museum piece. dYdX, Binance, and regulated futures ate their lunch and took their lunch money.
▪️ If you have open positions, close them before the deadline. Waiting until the last minute is how you get rekt – and don't blame anyone but yourself.
📊 Close-only start:
Aug 26, 04:00 UTC📊 Full shutdown:
Sep 23, 04:00 UTCIf you're still fucking around on BitMEX, you're living in 2017. The close-only window is your only chance to bail without drama. After Sep 23, it's withdrawals only – and if there's a run, good luck getting your money out. This is a reminder that no exchange is too big to fail. Keep your funds where you trust them, but don't trust them too much. Or better yet, self-custody.
💬 «a voluntary and orderly business wind-down following a strategic review» — BitMEX official notice
🔮
@macpocommunity
🔥 $3B in liquidations: bears got mulched as Bitcoin shorts blew up
Let's cut the noise: over $3 billion in crypto derivatives got force-liquidated in 45 hours, and 92% of that pain landed on short sellers. The trigger they'll sell you? US Treasury said it would double bond buyback operations — yields dropped, risk appetite surged, and Bitcoin ripped from $71K to $79.6K. Bears were positioned for tight macro, got the opposite, and the cascade ate them alive. A thing of beauty, if you weren't on the wrong side of it.
▪️ Liquidations hit $3B+ across Aug 19-20; short sellers ate $2.77B of that — 92% of the total. Ninety-two percent. The bears were the buffet.
▪️ Bitcoin alone accounted for ~$1.67B in short liquidations — the biggest squeeze since late 2021. If you were short BTC, you felt every dollar of that.
▪️ US Treasury announced it would double max size of liquidity support buybacks for longer-dated bonds. Sounds like boring macro crap, but it's the match that lit this fire.
▪️ Yields dropped, Bitcoin punched through 6-week resistance at $71K, then hit $79.6K. Six weeks of range, gone in one move.
▪️ Open interest in BTC futures collapsed 15% from 353,500 BTC to 312,600 BTC — a one-month low. That's the part the bulls don't want you to see.
▪️ Funding rates flipped positive after the squeeze, meaning the short crowding is cleared for now. The shorts are flushed; the question is who steps in next.
📊 Total liquidated:
📊 Short liquidations:
📊 BTC short liquidations:
📊 OI drop (BTC):
🔮Short squeeze cleared the deck, but no fresh longs means the next leg up needs new believers — or another catalyst. Right now, the only thing pumping is the hopium.
@macpocommunity
Let's cut the noise: over $3 billion in crypto derivatives got force-liquidated in 45 hours, and 92% of that pain landed on short sellers. The trigger they'll sell you? US Treasury said it would double bond buyback operations — yields dropped, risk appetite surged, and Bitcoin ripped from $71K to $79.6K. Bears were positioned for tight macro, got the opposite, and the cascade ate them alive. A thing of beauty, if you weren't on the wrong side of it.
▪️ Liquidations hit $3B+ across Aug 19-20; short sellers ate $2.77B of that — 92% of the total. Ninety-two percent. The bears were the buffet.
▪️ Bitcoin alone accounted for ~$1.67B in short liquidations — the biggest squeeze since late 2021. If you were short BTC, you felt every dollar of that.
▪️ US Treasury announced it would double max size of liquidity support buybacks for longer-dated bonds. Sounds like boring macro crap, but it's the match that lit this fire.
▪️ Yields dropped, Bitcoin punched through 6-week resistance at $71K, then hit $79.6K. Six weeks of range, gone in one move.
▪️ Open interest in BTC futures collapsed 15% from 353,500 BTC to 312,600 BTC — a one-month low. That's the part the bulls don't want you to see.
▪️ Funding rates flipped positive after the squeeze, meaning the short crowding is cleared for now. The shorts are flushed; the question is who steps in next.
📊 Total liquidated:
$3B+📊 Short liquidations:
$2.77B (92%)📊 BTC short liquidations:
$1.67B📊 OI drop (BTC):
353,500 → 312,600 BTCNow the part that actually matters. This rally was powered by short-covering, not fresh buying — OI fell while price pumped. That's not demand, that's a mechanical unwind. The move is structurally fragile until new long interest appears. If you're holding BTC, watch open interest and funding rates like a hawk: if OI starts climbing with positive funding, it's a real trend. If it stalls, you're in a dead cat bounce from a mechanical squeeze. And the US Treasury catalyst? A one-off, not a macro pivot. Don't marry the trade.
🔮
@macpocommunity
Oh look, another degen with $320K to burn — and $36M in Morpho liquidations. Classic.
Some Chad with more money than sense just spent $320K on Pendle and triggered $36.4M in liquidations on Morpho. Wallet 0x854e...690d bought YT-reUSD like a madman, crashed PT-reUSD by 3%, and wiped out 19–20 over-leveraged borrowers. No bad debt, says the protocol, but your portfolio doesn't give a shit about protocol solvency, does it?
▪️ Wallet 0x854e made 11 rapid trades in 9 minutes, buying YT-reUSD for $320K, spiking implied yield from 11% to 20%+ — because why not?
▪️ That 3% drop in PT-reUSD was enough to liquidate positions on Morpho with LTV near 91.5% – zero buffer, 33 events. Zero. Fucking. Buffer.
▪️ 38M PT-reUSD seized as collateral, $35.19M USDC and $960K USDT debt repaid. No bad debt – just lucky. For now.
▪️ Oracle used lower of 15-min market average or 6% fixed discount curve – easy to game in a thin market. Surprise, surprise.
▪️ Each $1 the trader spent triggered ~$114 in liquidations – that's a 114x leverage on manipulation. Math is fun when you're not on the losing end.
▪️ Pendle vault launched Aug 4, attracted $15M deposits, maturity Dec 10, 2026 – context matters, but not to the guy who just got rekt.
📊 Trade Cost:
📊 Liquidations:
📊 Events:
📊 Borrowers Hit:
🔮One wallet, $320K, 9 minutes, $36M. The math says someone with a bigger bag is already planning the next round. Bless their hearts.
@macpocommunity
Some Chad with more money than sense just spent $320K on Pendle and triggered $36.4M in liquidations on Morpho. Wallet 0x854e...690d bought YT-reUSD like a madman, crashed PT-reUSD by 3%, and wiped out 19–20 over-leveraged borrowers. No bad debt, says the protocol, but your portfolio doesn't give a shit about protocol solvency, does it?
▪️ Wallet 0x854e made 11 rapid trades in 9 minutes, buying YT-reUSD for $320K, spiking implied yield from 11% to 20%+ — because why not?
▪️ That 3% drop in PT-reUSD was enough to liquidate positions on Morpho with LTV near 91.5% – zero buffer, 33 events. Zero. Fucking. Buffer.
▪️ 38M PT-reUSD seized as collateral, $35.19M USDC and $960K USDT debt repaid. No bad debt – just lucky. For now.
▪️ Oracle used lower of 15-min market average or 6% fixed discount curve – easy to game in a thin market. Surprise, surprise.
▪️ Each $1 the trader spent triggered ~$114 in liquidations – that's a 114x leverage on manipulation. Math is fun when you're not on the losing end.
▪️ Pendle vault launched Aug 4, attracted $15M deposits, maturity Dec 10, 2026 – context matters, but not to the guy who just got rekt.
📊 Trade Cost:
$320K📊 Liquidations:
$36.4M📊 Events:
33📊 Borrowers Hit:
19-20If you're holding PT-reUSD or borrowing on Morpho against Pendle tokens, you just got a free lesson in oracle fragility – and it cost someone else $36M. The thin liquidity in these yield-split markets is a playground for manipulators. That vault with $15M and a December 2026 maturity is a sitting duck for the next guy with a bigger bag. Expect more teams to review oracle configs – but until then, keep your LTV below 50% if you're playing with derivative collateral. Or just don't ape into shit that can be 3% nudged by a $320K trade. Your call, but I've seen this movie before.
🔮
@macpocommunity
🦊 40 Fake Firefox Wallet Extensions Are Draining Crypto — 9 of Them Started as Sports Apps
Socket security team dug up another nasty phishing pipeline: out of 77 Firefox extensions, 40 are coming for your wallet. They pose as OKX, Rabby, TronLink — look legit, wait for your recovery phrase, then it's game over. The kicker? 9 of them started as NBA and football score apps, racked up installs and good reviews, then quietly updated into stealers. If you used any of these, your wallet might already be toast.
▪️ 40 confirmed malicious extensions; the other 37 are fake password generators, VPNs, etc. — they do one thing: show sports scores, all hitting the same API.
▪️ 13 are modified Rabby wallets — look normal, but they're shipping your wallet account data to a remote server.
▪️ 5 just steal your browser passwords and clipboard — can't even be bothered to fake a UI.
▪️ 9 went from sports score apps to wallet thieves, using the same Firefox ID, inheriting all the old positive reviews.
▪️ Entering your recovery phrase or private key = permanent leak. Uninstalling the extension won't save you — the data's already gone.
▪️ Socket calls this the 'Offside Wallet Theft Factory' and warns: don't trust any popup asking you to import a wallet.
📊 Malicious extensions:
📊 Started as sports apps:
💬 «Anyone who entered a recovery phrase or private key into one of these should treat it as 'permanently compromised' and move funds to a new wallet.» — Socket threat research team
🔮Firefox review — blind or bought? 9 sports apps turning into wallet stealers shows more effort than most shitcoin rug pulls.
@macpocommunity
Socket security team dug up another nasty phishing pipeline: out of 77 Firefox extensions, 40 are coming for your wallet. They pose as OKX, Rabby, TronLink — look legit, wait for your recovery phrase, then it's game over. The kicker? 9 of them started as NBA and football score apps, racked up installs and good reviews, then quietly updated into stealers. If you used any of these, your wallet might already be toast.
▪️ 40 confirmed malicious extensions; the other 37 are fake password generators, VPNs, etc. — they do one thing: show sports scores, all hitting the same API.
▪️ 13 are modified Rabby wallets — look normal, but they're shipping your wallet account data to a remote server.
▪️ 5 just steal your browser passwords and clipboard — can't even be bothered to fake a UI.
▪️ 9 went from sports score apps to wallet thieves, using the same Firefox ID, inheriting all the old positive reviews.
▪️ Entering your recovery phrase or private key = permanent leak. Uninstalling the extension won't save you — the data's already gone.
▪️ Socket calls this the 'Offside Wallet Theft Factory' and warns: don't trust any popup asking you to import a wallet.
📊 Malicious extensions:
40📊 Started as sports apps:
9If you're holding a Firefox wallet extension, go check right now if it's from the official source. Don't fall for anything asking for your recovery phrase — real wallets don't do that. Socket says: if you touched any of these, move your funds to a new wallet immediately. No delays. This whole operation shows scammers are getting patient — farm the installs, then harvest. Firefox's review process is basically a joke.
💬 «Anyone who entered a recovery phrase or private key into one of these should treat it as 'permanently compromised' and move funds to a new wallet.» — Socket threat research team
🔮
@macpocommunity