There isn't much to talk about on weekends. A large position is still consuming time in the U pool, continuing to dollar-cost average into Bitcoin, sold some U to increase my Bitcoin position, looking forward to the rebound in the next month or two. $BTC
Take a look at the current hot topics
- Brother Maji's Ethereum long position has once again encountered some forced liquidation, currently holding 2500 ETH.
It feels like following him to open a reverse position should be profitable, every time he hits a hot topic, he goes long on Ethereum and then gets liquidated. The key question is, where does he get so much capital to keep going long and getting liquidated?
- Four wallets belonging to a certain independent entity sold 395 WBTC at an average price of $67,063 and exchanged them for DAI, worth $26.51 million, with an overall loss of about $19.62 million. This whale had previously exchanged 418 TBTC for WBTC five months ago and subsequently sold it for $28.12 million.
A couple of days ago, it was reported that a whale bought a large amount, and today another whale sold. The turnover among large holders is just about this position where you are bullish and I am bearish, so there is no need to pay too much attention; the market will never change direction because of an individual.
- Iran's Supreme National Security Council Secretary Larijani stated, "Iran will punish Trump for the assassination of Supreme Leader Khamenei and will never let him escape. Iranian officials have no disagreement on how to respond to the aggression of the United States and Israel." According to Iranian state television, Iran is prepared to continue the war for at least another six months.
The more chaotic the Middle East becomes, the tougher Bitcoin gets. This year's opportunities are hidden in this uncertainty—hold onto the mainstream, safeguard your private keys, and don’t get washed out!
- According to data from Allium, the number of stablecoin transactions in February reached 18 trillion, setting a monthly historical high; among them, USDC transactions accounted for 70% of the overall market data, approximately 12.6 trillion transactions, about twice that of USDT's transaction count, which is around 514 billion.
The 18 trillion transactions in February set a historical new high, indicating the watershed moment of the crypto market transitioning from reckless growth to formal finance. In the future, we may no longer see the kinds of thousand-fold or hundred-fold increases in this market; before, we were competing with dog pools for money, now we are competing with institutions for money.
Opportunities arise every day, but sometimes we just miss them, and later we blame ourselves for not seizing the moment at the time.
