From ‘Flash Crash’ to All-Time Highs: XRP Analyst Maps Path to Double-Digit Territory
XRP has exhibited a strong upside move this year, surging towards $3 following renewed optimism after the U.S. SEC acknowledged a filing by NYSE Arca for Grayscale’s XRP ETF application.
Notably, XRP, this rally gained momentum after the crypto asset broke past the key $2 resistance, following news of the filing. That said, this sharp rise has sparked optimism among analysts, with some suggesting that the price could soon reach double-digit territory.
XRP has exhibited a strong upside move this year, surging towards $3 following renewed optimism after the U.S. SEC acknowledged a filing by NYSE Arca for Grayscale’s XRP ETF application.
Notably, XRP, this rally gained momentum after the crypto asset broke past the key $2 resistance, following news of the filing. That said, this sharp rise has sparked optimism among analysts, with some suggesting that the price could soon reach double-digit territory.
Moonshot MAGAX (MAGAX) Aims to Redefine Meme Coins With a Reward-Driven Model for the Crypto Market
Over the last few years, meme coins have evolved from internet jokes into legitimate market movers. Tokens like Dogecoin and Shiba Inu proved that community enthusiasm could drive billion-dollar valuations. However, the majority of meme coins still rely heavily on hype cycles without offering lasting utility.
This gap in the market is exactly where Moonshot MAGAX (MAGAX) aims to make its mark. By blending meme coin culture with a structured Meme-to-Earn reward system, Moonshot MAGAX introduces a model designed for long-term engagement and sustainable growth.
Over the last few years, meme coins have evolved from internet jokes into legitimate market movers. Tokens like Dogecoin and Shiba Inu proved that community enthusiasm could drive billion-dollar valuations. However, the majority of meme coins still rely heavily on hype cycles without offering lasting utility.
This gap in the market is exactly where Moonshot MAGAX (MAGAX) aims to make its mark. By blending meme coin culture with a structured Meme-to-Earn reward system, Moonshot MAGAX introduces a model designed for long-term engagement and sustainable growth.
Stablecoin News: Bank of England to Finalize Stablecoin Rules by End of 2026
The Bank of England (BoE) targets late 2026 to finalize stablecoin rules, aligning reserves with US rules to protect financial stability.
The Bank of England (BoE) plans to introduce comprehensive stablecoin regulations now. The new final deadline is set for the end of 2026. This initiative brings the United Kingdom into line with the emerging standards around the world right away. This move will ensure the safe integration of digital currencies into the financial system. The move by the central bank follows growing regulatory pressure on a wide-ranging basis.
The Bank of England (BoE) targets late 2026 to finalize stablecoin rules, aligning reserves with US rules to protect financial stability.
The Bank of England (BoE) plans to introduce comprehensive stablecoin regulations now. The new final deadline is set for the end of 2026. This initiative brings the United Kingdom into line with the emerging standards around the world right away. This move will ensure the safe integration of digital currencies into the financial system. The move by the central bank follows growing regulatory pressure on a wide-ranging basis.
Upbit Hack: Upbit to Resume Crypto Transfers After $37M Solana Hack
Upbit prepares to restore asset transfers after a major Solana hack, assuring full compensation and enhanced security controls.
Upbit will resume digital asset transfers on December 1 after a significant Solana-related hack. The breach resulted in a loss of $37 million, and the exchange was forced to suspend services. Upbit wiped all pre-existing deposit addresses and asked users to create new addresses. This measure is to ensure that further unauthorized transfers are not allowed and to ensure that the safety of the platform is improved.
Upbit prepares to restore asset transfers after a major Solana hack, assuring full compensation and enhanced security controls.
Upbit will resume digital asset transfers on December 1 after a significant Solana-related hack. The breach resulted in a loss of $37 million, and the exchange was forced to suspend services. Upbit wiped all pre-existing deposit addresses and asked users to create new addresses. This measure is to ensure that further unauthorized transfers are not allowed and to ensure that the safety of the platform is improved.
SEC Ends Investigation Into ZCash Foundation, According to Privacy Coin Project Execs
The U.S. Securities and Exchange Commission has formally ended its years-long investigation into the Zcash Foundation and will not recommend any enforcement action against the privacy-focused nonprofit, executives say.
The foundation announced the conclusion of the review in a notice published Wednesday on its website.
The inquiry began in August 2023 after the foundation received an SEC subpoena tied to an internal matter titled “In the Matter of Certain Crypto Asset Offerings (SF-04569).”
The U.S. Securities and Exchange Commission has formally ended its years-long investigation into the Zcash Foundation and will not recommend any enforcement action against the privacy-focused nonprofit, executives say.
The foundation announced the conclusion of the review in a notice published Wednesday on its website.
The inquiry began in August 2023 after the foundation received an SEC subpoena tied to an internal matter titled “In the Matter of Certain Crypto Asset Offerings (SF-04569).”
US Government Seeking To Retry Tornado Cash Developer Roman Storm on Money Laundering and Sanctions-Violation Charges
US authorities are determined to convict Tornado Cash founder Roman Storm on two serious charges following a jury deadlock in his four-week trial last year.
The 12-member jury found Storm guilty of conspiracy to operate unlicensed money transmitting business, but was unable to reach a verdict on the charges for conspiracy to commit money laundering and conspiracy to violate sanctions.
In a letter to U.S. District Court for the Southern District of New York Judge Katherine Polk Failla dated March 9th, federal prosecutors say the government wants a second chance to convict Storm.
US authorities are determined to convict Tornado Cash founder Roman Storm on two serious charges following a jury deadlock in his four-week trial last year.
The 12-member jury found Storm guilty of conspiracy to operate unlicensed money transmitting business, but was unable to reach a verdict on the charges for conspiracy to commit money laundering and conspiracy to violate sanctions.
In a letter to U.S. District Court for the Southern District of New York Judge Katherine Polk Failla dated March 9th, federal prosecutors say the government wants a second chance to convict Storm.
Chainlink Brings Blockchain Data Standard to Amazon AWS Marketplace
Chainlink launches on AWS Marketplace, giving businesses access to blockchain data tools for building secure and scalable enterprise applications.
Chainlink has expanded its reach by launching its blockchain data services on Amazon AWS Marketplace. This action provides millions of developers and businesses with direct access to secure blockchain infrastructure. Additionally, it makes it easier to develop sophisticated blockchain applications with well-known cloud systems by companies.
Chainlink launches on AWS Marketplace, giving businesses access to blockchain data tools for building secure and scalable enterprise applications.
Chainlink has expanded its reach by launching its blockchain data services on Amazon AWS Marketplace. This action provides millions of developers and businesses with direct access to secure blockchain infrastructure. Additionally, it makes it easier to develop sophisticated blockchain applications with well-known cloud systems by companies.
MEXC Referral Code (mexc-3PW8G): Free $20 & Up To 8,000 USDT Sign Up Bonus in 2026
The best MEXC referral code is “mexc-3PW8G”, which you can use to receive a sign-up bonus (up to 8,000 USDT) and a 10% rebate on trading fees. MEXC referral code is a promo code that provides the highest rewards on the crypto exchange.
You can apply the MEXC exchange referral code while creating a new trading account. Simply enter “mexc-3PW8G” in the referral code field during registration to unlock your rewards instantly. In this article, we will explain what the MEXC referral code is, the types of MEXC bonuses you can get, the benefits of using a MEXC referral code, and how to use our MEXC referral code, including a step-by-step guide and the detailed benefits associated with our referral ID.
The best MEXC referral code is “mexc-3PW8G”, which you can use to receive a sign-up bonus (up to 8,000 USDT) and a 10% rebate on trading fees. MEXC referral code is a promo code that provides the highest rewards on the crypto exchange.
You can apply the MEXC exchange referral code while creating a new trading account. Simply enter “mexc-3PW8G” in the referral code field during registration to unlock your rewards instantly. In this article, we will explain what the MEXC referral code is, the types of MEXC bonuses you can get, the benefits of using a MEXC referral code, and how to use our MEXC referral code, including a step-by-step guide and the detailed benefits associated with our referral ID.
Andrew Cuomo Joins OKX’s Board of Directors
Key Takeaways:
Former New York Governor Andrew M. Cuomo joins OKX’s Board of Directors.Since 2023, Cuomo has been advising the exchange on strategy for U.S. regulation.The shift aligns with OKX’s broader institutional finance and tokenization initiatives, as well as its AI-driven blockchain offerings.User Score
8.7
Follow us on Google NewsOKX has strengthened its leadership team by appointing Andrew M. Cuomo to its Board of Directors, formalizing a relationship that began in 2023 when the former New York governor started advising the crypto exchange on U.S. regulatory and institutional strategy. The appointment notably marks OKX’s venture into other asset categories, such as tokens, AI services, and traditional financial markets.
Read More: OKX Unleashes Magnificent 7 X-Perps
Key Takeaways:
Former New York Governor Andrew M. Cuomo joins OKX’s Board of Directors.Since 2023, Cuomo has been advising the exchange on strategy for U.S. regulation.The shift aligns with OKX’s broader institutional finance and tokenization initiatives, as well as its AI-driven blockchain offerings.User Score
8.7
Follow us on Google NewsOKX has strengthened its leadership team by appointing Andrew M. Cuomo to its Board of Directors, formalizing a relationship that began in 2023 when the former New York governor started advising the crypto exchange on U.S. regulatory and institutional strategy. The appointment notably marks OKX’s venture into other asset categories, such as tokens, AI services, and traditional financial markets.
Read More: OKX Unleashes Magnificent 7 X-Perps
🤑 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.
@thisoption
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.
🔮
@thisoption
📉 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.
@thisoption
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.
@thisoption
🐋 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.
@thisoption
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.
🔮
@thisoption
💸 $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.
@thisoption
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.
🔮
@thisoption
🚀 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.
@thisoption
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
🔮
@thisoption
🐋 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.
@thisoption
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
🔮
@thisoption
💸 $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?
@thisoption
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.
🔮
@thisoption
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.
@thisoption
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
🔮
@thisoption