Joined July 2023
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Jun 3
let me give a proper explanation on how this shit works because seeing a lot of fake news when you see these insane candles happening on random tokens like LAB, RAVE, Momentum etc it’s because of a group of people do what is called “active market making” almost all of these “active market makers” are based in China/Asia. many claim to be able to achieve results like RAVE and LAB but few can actually properly deliver typically these AMMs will either approach projects prior to launch or after launch (if certain conditions can be met). but scammy projects also look to approach them the deal is usually that the AMM will put up the capital needed to push the token to the insane highs you see, and in return for the project letting the AMM “crime” their token they split whatever the profits are once the crime is complete so how does the crime work and how do the people involve profit? the first thing you’ll notice is that all these tokens have perp listings (usually binance perps) but very few spot listings this is intentional. the first major requirement for this crime to happen is absolute control of the spot supply of the token by that I mean the team/insiders need to control basically the entirety of the float. RaveDAO for instance, insiders were estimated to control over 98% of the spot supply this is vital because spot supply that isn’t controlled by insiders can be sold into the spot price being driven up by perps. to help prevent this is another reason why tokens with basically no spot listings or liquidity are chosen. if there is a lot of spot supply ready to be dumped on the AMM then it could bankrupt them, meaning the crime has failed as it is their capital at risk, AMMs are even asking projects to put them on all the multisigs for the token supply, to ensure that nothing can be dumped while the crime is happening so once supply is completely controlled then what? these AMMs don’t just commit the crime from one or two binance accounts. the accounts would likely be frozen instantly. instead they have 1000s of KYC’d accounts which operate in unison to drive the perp price up because no one has supply to sell, there isn’t any other way to drive the price back down except to short but this is where they get you the AMM can squeeze any short placed, as every shorter will have their breaking point. either their own tolerance or a liquidation point. every short that gets liquidated or stopped out is profit for the AMM add onto the fire that because of huge dislocations between underlying and perp price, you get some insane funding rates. as I write this LAB is -1% an hour shorts pays longs (over 8000% a year). this makes it even harder for shorts to hold their position, plus the AMM is making bank on their long positions funding BriskCapital is right when he says they wouldn’t have let him win with this size of a short position, especially publicly. his mistake was trying to short it in the first place, which is exactly what the AMMs want you to do. where do you think the 7 figs he lost went to? then whenever they decide the crime is complete they pull the rug and you see the collapse candle to zero. because they are the only entity holding the bid up, they have complete control over when and how the price collapses (meaning they can also likely join in on the short) my advice is to not touch these tokens. if you want to feel something just buy a small amount for fun. definitely do not buy anything sizeable, do not make any trades on leverage and DO NOT SHORT you are trying to compete against an entity that has complete control over where price goes
Lots of you saying I got unlucky on $LAB and should've held the short longer. Let me be clear. I was the target. If I kept that position open they would have pushed it to $40 no question. This market hunts liquidity and I am not here to get wiped out completely. This is exactly why I probably won't share any shorts with size on coins like this in the near future. Too dangerous. I closed to survive. That is how you stay in this game.
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Jun 13
first instinct is that this is bearish for the AI trade overall
The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Claude models is not affected. We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible. Read our full statement: anthropic.com/news/fable-myt…
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Jun 13
but need to think about it harder. that was just a first instinct thought like every new development, there will be winners and losers
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Jun 12
this would be one of the worst case scenarios only people worse might be wes streeting or the red haired woman who committed fraud
🚨 NEW: Ed Miliband wants to be Andy Burnham's Chancellor Source: “Ed is clearly working on the basis of that is what he wants, and that’s what he is assuming he will get” [@Telegraph]
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Jun 12
the Smackdown vs Raw 2007 soundtrack is so fucking good brings back so many memories
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Jun 12
yea i love to suck off hyperliquid as much as everyone else in crypto but it did NOT have the right open price lol it was trading at 170 all of yday and then around 167, and then it started nuking as they announced the opening price being reduced to 151
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Jun 12
space stock holders are surprised that their stocks sold off on a pretty obvious sell the news? they will rebound, but this seemed obvious as hell...
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Jun 12
you can't even begin to estimate how much damage The Big Short has done to wannabe investors the nasdaq is up 7x since the film came out over a decade ago. anyone who has focused on shorting the market or being bearish since then is bankrupt the correct decision since the film's release in December 2015 has been to stay max long In 1.5 years, Leopold's Situational Awareness has already outperformed Burry's housing market short when will they release The Big Long?
Jun 11
This is Michael burry TOP PICK btw…
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Jun 12
jukan knows ball
Jun 12
Replying to @RJCcapital
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Jun 11
filled OUST ~8% position at 39 moving back above the 21sma send it
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Jun 10
CRDO is a monster have none unfortunately
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Jun 10
regardless of whether you think this policy is good or not — this government are perhaps the most clueless i've seen when it comes to messaging the UK is having an unemployment crisis with young people suffering one of the worst job markets in decades. the Milburn Review was *just* released highlighting how dire it currently is immigration is also a huge focus, with many believing the UK is in the midst of an immigration crisis and Labour decide now is a great time to implement policy that will help British firms hire foreign workers rather than unemployed British workers just such poor timing
Rachel Reeves will reimburse British firms £5,000 per foreign worker in a bid to make the country more attractive despite the UK’s growing youth unemployment crisis 🖇️ telegraph.co.uk/money/jobs/w…
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Jun 10
KOSPI hynix/square back down again today still looking at around this area for a bottom hopefully
Jun 8
I think the KOSPI has another 10-15% drop in it before bottoming another 10% drop from here puts it squarely at the 50sma, which has been respected pretty much for an entire year (the whole move up) the only time it shortly dipped below was for a few days during peak iran war fud at the end of March, still it didn't drop enough to reach the 100sma backdrop is a bit scary though. crazy retail degen leverage, huge IPOs coming to dump on retail, summer seasonality, inflation rising with likely rate hikes, iran war kicking up again lets see
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Jun 9
if you levered up heavy at the top of AI stocks god help you
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Jun 9
TP'd AAOI and rotated full back into more NBIS
Jun 8
filled some AAOI premarket at 184 down to 55% cash
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Jun 9
nvm cut the extra addition of nbis, rotated it back into cash back to just under 65% cash rest in nbis memory
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Jun 9
big bounce on Hynix Square today those plus Kioxia are around 25% of my equities port currently would have loved to add even more hynix/square deeper on a retrace but market didn't want to give 🤷‍♂️
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Jun 9
x.com/durial/status/20638616… plan was to add on size at the KOSPI 50sma but alas

Jun 8
I think the KOSPI has another 10-15% drop in it before bottoming another 10% drop from here puts it squarely at the 50sma, which has been respected pretty much for an entire year (the whole move up) the only time it shortly dipped below was for a few days during peak iran war fud at the end of March, still it didn't drop enough to reach the 100sma backdrop is a bit scary though. crazy retail degen leverage, huge IPOs coming to dump on retail, summer seasonality, inflation rising with likely rate hikes, iran war kicking up again lets see
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