Joined July 2025
- Tweets 5,538
- Following 259
- Followers 629
- Likes 11,717
630 Photos and videos
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May 28
Well well well
Solana at it again
@sofi created their own stablecoin and minted 99.97% of it on Ethereum, and Solana`s X account proclaims they picked them, when they only minted 0.026% of the total supply on Solana !
That's $100M vs $26k between Ethereum and Solana and they think they were chosen 🤦🏼
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Tokenised USD reserves on Ethereum Mainnet are going down.
When ranked globally to nations foreign exchange reserves, Ethereum has dropped from 23rd to 25th this year, previously being just behind the UK but now falling behind Indonesia as well
This is not too alarming though because the difference in actual on chain dollars is only -$8 billion
This much of a downtrend in stables is typical during a bear market , so nothing to worry about for $ETH HODLers !!
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Jun 12
Saylor sold his Bitcoin but Vitalik also sold his Ethereum so what's the difference?
Saylor told you to not sell yours. And then he sold his. Actions speak louder than words and if he had any integrity and conviction on what he preaches, he wouldn't have sold 32 $BTC and crashed the market along with it.
In the video (HT @Jrag0x ) he said "I promise to not sell the Bitcoin"
On top of all this, there is no clear reason as to why the Bitcoin was sold. He sold, and then bought the dip that he caused which is a clear sign of market manipulation.
Vitalik on the other hand, has never said to HODL and not sell your Ethereum. On the few occasions he has sold, he has always made it clear why he is selling, and what the funds are going to. Majority, if not all the time, they go to funding other parts of the growth of Ethereum, so even the selling is to grow further
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Jun 11
One of my favourite things about X is going through your feed then randomly meeting the most genuine OGs to the crypto space
I've met ETH OGs, BTC OGs, RWA OGs, an OG of every kind. And they're so nice ! Without them we wouldn't have all this today.
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Jun 10
12/100 of the top 100 coins by MC are stablecoins now. Out of those, 9 are in the top 50
That's 13% of the top 100, and 18% of the top 50.
Can we get some tokens back up there plz😭 make things a bit exciting again. They all pretty much live on Eth though which is a plus
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Governance token projects gotta contact this guy
He KNOWS his stuff when it comes to fixing tokens to align with the underlying project, and give meaningful value to the token rather than just "governance".
It's refreshing to see someone in a position of power in the space who actually gets it. Tokens were the biggest turn off for me in the RWA space but now if I see any project working with @ZeusRWA and @RWAFoundation_ , I'll know for sure that their tokens will be more aligned to the business and reflect the growth and increasing KPIs of the project
Tokenisation will be huge, and with the prospect of fee shares, defined token buy backs and burns(key word being defined), and many more, it'll fix the token issue and add a new vector for getting exposure to the growth of the space
The fixes sound like stuff that's been done before but the defined part that @ZeusRWA talks about has been the missing piece of the puzzle. With that fix, everything changes. I wont steal the spotlight, if you want to understand proper, give the article a read. Only takes 5 mins
x.com/i/status/2061797954483…
But now I'm seriously bullish on anything he works on, and any project that cooperates with @RWAFoundation_. These guys get it, and will fix it
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Special thanks to @HarryTran_RWA for highlighting the article as well
Check out his reading round ups, super useful!
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AND IT JUST KEEPS GETTING BETTER
Tom Lee(@fundstrat)'s $BMNR bought another 25,000 $ETH($42.03M) from Kraken 6 hours ago.
Further lowering the average buy price
LETH GOOOOO
Tom Lee should thank Micheal Saylor
He just bought 126,971 $ETH worth $213 million, and if Saylor didn't sell his $BTC and cause the dump, he would have only been able to buy 107,000 ETH based on last week's prices
Now @BitMNR is 92% of the way to owning 5% of all ETH supply! Almost there lads hold steady
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Tom Lee should thank Micheal Saylor
He just bought 126,971 $ETH worth $213 million, and if Saylor didn't sell his $BTC and cause the dump, he would have only been able to buy 107,000 ETH based on last week's prices
Now @BitMNR is 92% of the way to owning 5% of all ETH supply! Almost there lads hold steady
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$2B in $ETH short positions were liquidated today at $1,640 😉
Haters will be punished
More than $2B in $ETH short positions will be liquidated at $1,640, while over $1B in long positions will be liquidated at $1,493.
Leveraged traders are playing in the final, and the score is still 0-0.
Per Coinglass
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Arthur Hayes is the Jordan Bellfort of crypto grifters. He was "bullish" on $WLD for ONLY 3 DAYS before dumping it on everyone. I made a graphic showing how long he was "bullish" for on his recent public purchases
He'll talk sunshine and rainbows about a coin for a set amount of time, then use you as exit liquidity. Everyone should block him
Jun 7
🚨 ARTHUR HAYES UNDER FIRE AFTER ZACHXBT QUESTIONS RECENT TOKEN EXITS
On-chain sleuth ZachXBT publicly accused Arthur Hayes of repeatedly posting bullish targets on tokens before quickly exiting his positions.
He questioned how much “exit liquidity” may have been provided by his followers who bought into the narrative on WLD, NEAR, HYPE, and ZEC.
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FINALLY A DAPP FOR THE AVERAGE MAN!
Check out @Lithos_eth , he's made a DAPP that helps you split utility bills between yourself and your room mates.
It's refreshing to see a new application that is geared towards an average person. Innovation that's not another perp dex, another Dex, another prediction market, bla bla bla
Stuff we, the average man, can actually use, which removes pain points and friction irl, and it's on @base, Ethereum ecosystem, where the innovation belongs and should be ! And it works because os the cheapness of near zero gas fees, enabled by L2s !
Show him some love, and his dApp, we should encourage this sort of inventiveness as much as we can
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Ethereum is only just sitting a hair about the total mcap of @tether , which literally would not exist without Ethereum. Thats all so logical right ?
This bear market bottom, $ETH is still only 20% down compared to its mid 2021 bull run price
Not only that, it's SURVIVED an onslaught by the most powerful government in the world trying to wipe it out of existence (Gary Gensler SEC)
It also never had the Wall Street backing that $BTC got despite being infinitely more productive, and only recently had the institutional bid started to pick up
In that same time frame, $SOL is down 50%
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Not all dumps are made equal There's nothing wrong, nothing broke, nothing got hacked
Just BTC having a tantrum and bringing everyone down with it
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We got Ryan and David fighting before GTA6
The mechanism is ETH getting used as a SoV, medium of exchange, or unit of account. ETH as money.
We did like 100 podcasts on this?
You can believe it’s not happening or will never happen or can’t happen. But the mechanism is clear and has always has been clear.
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The average token performance across some of the top RWA projects is -80.32%
This is happening whilst tokenised assets on chain is hitting new ATH if $30B. Something isn't adding up
What is it ? Token utility. This isn't an issue exclusive to RWA, but tokens in general. With project tokens, the token gives no stake or ownership over the underlying enabling company/team/protocol
It's difficult to find any meaningful direct exposure method to the growth of the RWA space. $ETH is a decent method but it's a tertiary benefactor of the growth of RWA.
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Credit to @HarryTran_RWA for the token graphic ! Give him a follow for keeping up with the space, he's insanely good
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The reason why Solana has zero quantum resistance is to do with public keys. In short, for quantum computers to get into your wallet, they need to know your public key at minimum. The quantum threat comes from quantum computers being able to derive private keys from your public key.
On Solana, your wallet address IS your public key, meaning it's permanently exposed on-chain for a quantum computer to start deriving your private key immediately.
For blockchains like Ethereum or Bitcoin, the risk is slightly deferred because they use hashed addresses, so the actual public key isn't revealed until you send your first transaction, not ideal but better at least.
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Credit to @IanSmith_HSA for explaining this to me at first !
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Well well well
Saylor sold 32 Bitcoin worth $2.5 million.
Imagine if he was able to stake it and earn yield, then he wouldn't have to. I wonder which asset does this, it begins with E 🤔🤔
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