wait binance have 60 billion in cold wallets? dis seems like 420 magnitudes more professional than ftx scrambling in absolute shit defi farms just to meet last few redemptions before they 0'd and ftx barely had a cold wallet so why are ppl scared
assuming FTX funds are gone this is biggest 1 day loss in cat's life, mebbe le saddest part is cat may no longer sponsor streamers, art software, open source projects, etc, cus dat costs cat ~ 1M a year
money was always a number, cat still will live in nice hotels, is oke
1/7
so price is same as 2 days ago, but the bitcoin futures open interest literally got wiped in half
let me explain (simplest possible) how this means we just had the most significant weak hands > strong hands transfer in probably since march 12 2020
@zhusu
dis now getting ridiculous furr real
all the business bla bla and shady meow meows
is cope, we all fucked around and we all found out, except ur still meowing so much, acting like a true kitten
go make it all back if ur actually gud at dis game
when i was like 15, a classmate asked me out, i didnt know her well said no
fast forward 2 years later, my mom starts buying real estate from her mom, and apparently they are multi billionaires
so i coudlve been set since 15, but instead im here shit posting as a cat
why isnt anyone talking about how NFTs being settled in ETH means ETH is now potentially the base currency of all internet culture, history, memes, and digital art
cat have simply stopped believing in cycles because the idea of being able to buy BTC at -80% just for it to x10 repeatedly forever is absurd
also crypto natives have never had a smaller impact on BTC's price action, its over for cycles, up only
in order to be born you needed: 2 parents, 4 grandparents 8 great-grandparents 16 second great-grandparents 32 third great-grandparents...
all their struggles, love stories, difficulties, and you're staring at the the 1 minute chart
Goodbye all finance/crypto twitter
Hey guys, just wanted to thank you all for the great memories that we've shared during my time here. Unfortunately, I lost my virginity and therefore I am no longer qualified to be a "crypto bro". I'll miss this community greatly.
gm
It looks like
@ArkhamIntel
has moved over 25.2m $ARKM (>$56m) over the past 2 days
Most of these funds have gone to wallets unlabeled on their platform, where a significant portion has moved to Binance 😬
Let's take a look at what's going on because they won't show you...
nft projects be like
1.3M - compensation for core team
1.25M - salaries for core team
2.45M - compensation for founding members
1.5M - co-founder buyout
400k - salaries for founding members
1.8M - compensation for team
2.15M - founding team salary
1.1M - earnings for core team
if you rob a bank, you're a criminal
if the bank robs you, its finance
if everyone robs everyone, its decentralized finance
if everyone gets money, its BLAST, the L2 with native yield backed by Paradigm
so ur telling me that we paid tax to US gov, provided us 0 protection from FTX Celsius BlockFi, etc, and now theyre dumping on us, while doubling on tax ?
market isnt doing well but hang in there
when i started trading i was young and broke, but through years of hard work and determination, i am no longer young
@sweatystartup
when cat was a kitten, cat mom always said dont do smoke cigarettes, look what happend to grandpa cat, it got cancer
but cat deeply regret not smoking cigarettes cus your opinion gave cat cancer anyways
GMEOW
cat and yue will probably separate in near future because of our differences and paths we want, we are very accepting of each other, still liking, and appreciating of each other
and cat is grateful to have shared our daily moments, and especially our art, with everyone
looking at etf's affect on price has made cat giga bullish
pretty obvious that most of btc trading volume is 100 traders gambling on what 1 spot holder does, spot is very thin, when etf volume ramps up without supply overhang, this asset class is going to infinity
@BenArmstrongsX
when cat was a kitten, cat mom always said dont do smoke cigarettes, look what happend to grandpa cat, it got cancer
but cat deeply regret not smoking cigarettes cus this post gave cat cancer anyways
just met a 9/10 hottie at the park, there was an instant spark between us and she immediately dropped to her knees and spread her legs
as we were making love, cat thought... imagine buying lambos to pick up girls, these taser guns are only 50$
7/7
and so why are we back to the same price if all these spot coins got sold? because they all got bought up by spot buyers with real cash instead of leverage, which are stronger hands
these coins have now transferred from short term leverage speculators to real cash buyers
today, cat donated cat's watch, phone, and $500 to a FTX customer, you wouldn't believe the happiness cat felt as he slid the pistol back into his pocket
feel like bunch of non-grift population on ct like devs are near capitulation seeing how much $ is in presale meta from obvious grifters, some are reaching mental levels they kinda wish crypto just goes to 0
not sure what happens next, cat still think BTC is super cycle
in order to be born you needed: 2 parents, 4 grandparents, 8 great-grandparents, 16 second great-grandparents, 32 third great-grandparents, 64..
all their struggles, love, difficulties, and you trading magic internet coins on high leverage
this website is insane, last yr theres a certain big acc that begged cat for $, cat sent them 3 eth, now they're in cats tweets saying how cat was dumb for being bullish on friend tech💀💀💀