DeBrief | Crypto News

lmao imagine

sorry guys, I hope you see some humor in the shitposting. it is basically my way of coping with the market when it's down only

maybe i’m just naive but i’m a firm believer that trading, at its heart, is basically the art of allocating capital to where the world needs it if you think that the world needs more of something, you long it. and if you think it needs less of it, you short it. if you’re right, the world allocates more capital to you so that you can go on to help the world allocate even more capital. and vice versa maybe that is why i’ve been so bearish crypto this year

MegaETH sale finished. $1,39b raised. Here you can see a breakdown on how much each wallet bid (shown as $ intervals)

https://x.com/smileycapital/status/1983892000668557670?t=SKZtVf_viocX-UQnlK42tA&s=19

I remember 2 years ago when we used to joke that Monad and MegaETH would launch at the start of the bear market. Looks like it is about to come true

Something feels off with this market. I agree with Smiley that the PA feels quite similar to pre FTX implosion where they were selling off a bunch of assets causing some large irregulaties in the market. The idea is that someone (wintermute/maybe another fund) was hit extremely hard in 10/10, causing them to liquidate the fund. A retarded thesis I came up with is the way onchain has front ran majors by 2-3 weeks for the last 9-12 months could potentially be what we’re seeing with BTC in comparis...

https://x.com/cryptopunk7213/status/1983816310904500618?t=fHYFZ_qUIN8DFVpWZfkhVg&s=19