Ethereum is real, it has driven away ancient beasts (200,000 units), and it has also driven away the wave trader (loss of over 1 million dollars). To be honest, I've never seen such shamelessness.
The famous ETH/BTC long position holder James Fickel's year-long ETH/BTC long position has finally come to an end today: Four hours ago, he sold 6429 ETH ($21.45M) for 227 WBTC, paying off all his WBTC debts.
He sustained a year-long ETH/BTC long position, incurring a loss of $68.84 million (20,632 ETH): ◎ In the first half of the year, he borrowed 2,987 WBTC through Aave at an exchange rate of 0.054 and sold it for 55,315 ETH to go long on the ETH/BTC exchange rate; ◎ Starting in August, he gradually sold ETH to buy back WBTC for repayment, spending a total of 75,947 ETH to buy back 2,987 WBTC at an exchange rate of 0.0393 for repayment; ◎ In the end, he incurred a loss of 20,632 ETH ($68.84M) on his long position in the ETH/BTC exchange rate.
The largest ETH/BTC long position has surrendered, is it time for Ethereum to pump? 😂
Oh my God, Just woke up, Opened Binance and saw, My ETH at 3350 actually got liquidated, Lost 120,000 USDT, This is all the savings I've accumulated from working all these years, ETH is really dropping without any bottom line! What should I do??? 😭😭😭$BTC $ETH $BNB
In fact, anyone with a discerning eye only needs to look at this week's ETH ETF inflow data to know what to do. If you don't get on board now, you will only realize it later! This is a testament!
Everyone may not be clear at all, Why CZ has to speak harshly about memes, Actually, the reason is very simple, Those who understand CZ know, CZ is a technical person, This is also why he has a good relationship with Vitalik, But memes have no technical content, It's all just hype, This is something CZ cannot tolerate, Next, BSC and ETH chains will truly see a technical explosion!
Meme army, I want to ask, Is there still a chance to recover from the 1.8u pnut?
I bought a total of 100,000 RMB, I’ve lost almost half, I haven’t slept well these past few days, I also don’t dare to tell my family, What should I do? What should I do?
Binance's current listing strategy: 1. New narrative, leading projects, high market capitalization, strong consensus with more than 10,000 addresses, popular projects that consume too much capital can't be controlled, go for contracts 2. Dragon 2, experienced an 80% adjustment, has a certain community presence, can absorb a large amount of capital, under 50 million USD (less than 10,000 addresses, recently two market capitalizations of 20 million, ACT, neiro), go for spot 3. Popular projects, high narrative ceiling, backed by major KOLs who have called out, after certain adjustments, more than 10,000 addresses. Market capitalization of 100 million USD, for example pnut
Oh my god, so shocked. I had a private chat with a big guy in Binance Square last night. She said she holds 10 million $BB , worth $3.23 million. She thinks BounceBit is seriously undervalued. It is Binance's first megadrop, and there is at least 10 times the space in the future. Why are you so optimistic about BounceBit? Because BounceBit has injected strong vitality into the CeDeFi ecosystem through multi-chain interconnection. First of all, it improves the liquidity of the ecosystem. Assets on different chains can circulate with each other under its architecture, which is like opening up the "Ren and Du Meridians" of finance. Assets that were originally isolated on their own chains can participate in a wider range of transactions under BounceBit's multi-chain interconnection mechanism, and more trading opportunities mean higher liquidity. For example, based on its dual-token PoS model and cross-chain interoperability, assets from different sources can be brought together, thereby improving the activity of the entire CeDeFi ecosystem. In terms of scalability, multi-chain interconnection allows BounceBit to accommodate more types of financial applications and assets. More blockchain ecosystems can be connected, thus enriching CeDeFi's products and services and providing users with a wider range of choices. The application of multi-chain technology in CeDeFi has far-reaching significance. It greatly enhances the stability of decentralized financial networks. The collaboration of multiple chains disperses risks, and when a problem occurs in a chain, it will not cause the entire system to collapse. Moreover, this multi-chain interoperability has great potential for seamless asset circulation between different blockchain ecosystems. It breaks down barriers between blockchains, promotes the free flow of assets, and builds a more efficient, convenient and secure CeDeFi financial environment for global users. BounceBit is leading this innovative trend. #BBCeDeFi $BB
For BNB, if at this time it doesn't mine, doesn't create chaos, doesn't pump the price, as a cosmic entity, I would really question the capabilities of the related team. After all, #ETH can be a pile of sand, but BNB is the stock of a centralized exchange, and this exchange is the first in the industry.
Oh my goodness, I'm so excited, I opened my wallet last night, and found 5 billion CKB, worth over 74 million USD, which is equivalent to over 1,000 bitcoins, I rubbed my eyes hard, not believing what I was seeing, Ah, I was finally awakened by my pet Wangcai licking me. CKB is based on the PoW + UTXO model, which provides excellent security and transparency. PoW ensures that the cost of an attack is proportional to the computational power required by the attacker, with open participation in the network, serving as a security guarantee and social contract, capable of resisting 51% attacks, etc. In the UTXO model, transaction outputs are discrete assets, allowing nodes to validate specific UTXOs, providing scalability and privacy protection, enabling users to have clear control over asset flow, enhancing transparency. The RGB++ protocol is crucial in the CKB ecosystem, supporting multi-asset issuance and circulation, and strengthening cross-chain interoperability. Multiple assets can be issued on the Bitcoin chain, and its “isomorphic binding” technology allows for the mapping of Bitcoin dust into assets in CKB Cells, facilitating asset transfers, and enabling seamless transitions of assets between different UTXO chains, allowing assets issued on the Bitcoin chain to circulate to off-chain payment systems. Smart contracts also provide advanced features, enriching application scenarios and liquidity. CKB expands Bitcoin through the Fiber Network, promoting asset circulation, and the mainnet will bring new breakthroughs. The UTXO Stack enhances the liquidity of the Lightning Network, allowing users to earn returns on staked assets. JoyID is a multi-chain wallet supporting the Lightning Network, which will become a stablecoin payment gateway, promoting stablecoin payments. #CKB助力比特币生态 $CKB