https://t.me/+IsBqem4Ziu5jNzIy

trenching and perps

will approve grinders in a bit

https://x.com/davidtsocy/status/2091269400049647819

0xb200000000000000000000cfbdf64a8706a94a01

bluechip @ $3m

bought this and think base will play catch up next week. paired with NVDA (no tax/dividends) so opens the door for listings

https://x.com/davidtsocy/status/2091434324004634915

prob nothing but I reckon bluechip is worth keeping an eye on

my guess is we keep seeing base foundation members subtly shilling it throughout the week which would make sense if there's something bigger being lined up behind the scenes

I also think a coinbase listing is a very real possibility here. obviously pure speculation for now but the breadcrumbs are starting to stack up. worth watching closely

$380k -> $7m

$bluechip cooling in the 4.8-5.8 range comfortably

https://x.com/base/status/2091561569041924167

the alpha on the left leads to a QR code for the base stocks page base.org/stocks

feels pretty intentional given where the onchain narrative has been rotating lately. stocks, AI, indexes, marscoin, etc etc. everything is starting to converge around the same few themes.

base has had plenty of attention but still hasn’t really had the coin that captures the eco. if they’re going to pick a bluechip for the next phase what better candidate could there be

call up watch king tell him to ice my wrist

spot major bags unfazed

opened longs on SOL + MU

still holding $bluechip, picked up some $counsel for the short term

positioned and letting the market do what it does

side note, new bleach is absolute peak

let’s ride

macro came in a little hotter than expected

durable goods beat, income and spending beat, but real personal spending was flat. inflation was also slightly hotter on the headline with the GDP price index and q2 core PCE coming in above estimates

core PCE itself was in line tho, so i don't think this is some major risk off event. more like a mildly hawkish print and probably not what the rate cut crowd wanted to see

still long but this is just something to keep in mind because hotter macro could mean a bit more chop before the next move

for now, not changing anything. still think the broader setup looks good

bisssssscotttttiiiiiiii

pve

send memory back

MU long worked out nicely. 900 was pretty much the bottom tick. grats if you tailed

NVDA's call tonight was a pretty strong confirmation of the broader memory thesis. demand is still accelerating at a massive scale and customer forecasts are pointing towards further growth + supply constraints are now expected to persist through at least FY28. the part that stood out to me the most was nvidia explicitly citing extreme memory prices as a source of margin pressure and that has been pretty much the whole bet and why I took this trade (remember the 15% price hike?)

good to see the thesis play out

bluechip bluechip

gn

and just like that the market is giving another entry after closing MU yesterday

On crypto side I do feel pretty severely underallocated to majors and have a ton of stables sitting on the sidelines but I don’t want to fomo shove everything back in

derisked pretty hard because I went on a genny run over the past 10 days and I’m okay with missing a little upside (just kidding, I’m not)

happy to hear what you guys are seeing/thinking though. my dms are always open if you have a thesis or something interesting I should be looking at

gn