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WLFI is online, and the Orange Cat Fund welcomes a harvest day
Total allocation amount: 101.42M WLFI
Unlocked: 20.28M WLFI
Remaining to be unlocked: 81.13M WLFI
Phase One Subscription: Cost $0.015 → Selling average price $0.3, 20 times return
Phase Two Subscription: Cost $0.05 → Selling average price $0.3, 6 times return
Total estimated at an average price of $0.3:
101.42M WLFI × $0.3 ≈ $30.43M
Congratulations to WLFI for entering the top market value projects, looking forward to it sparking the NEW DEFI SUMMER!
$WLFI @worldlibertyfi #wifi
👉 Follow Orange Cat Eating Meat, let's witness the next explosive point together.
Total allocation amount: 101.42M WLFI
Unlocked: 20.28M WLFI
Remaining to be unlocked: 81.13M WLFI
Phase One Subscription: Cost $0.015 → Selling average price $0.3, 20 times return
Phase Two Subscription: Cost $0.05 → Selling average price $0.3, 6 times return
Total estimated at an average price of $0.3:
101.42M WLFI × $0.3 ≈ $30.43M
Congratulations to WLFI for entering the top market value projects, looking forward to it sparking the NEW DEFI SUMMER!
$WLFI @worldlibertyfi #wifi
👉 Follow Orange Cat Eating Meat, let's witness the next explosive point together.
The needle has been removed, the price has come back, whose position is gone
$ETH
$BTC
$ETH
$BTC
In the cyclical nature of the crypto world, when one micro-strategy is knocked down, there will be a second micro-strategy; this time, let's see who is responsible for picking up the pieces.
链研社lianyanshe
·
--
MicroStrategy's maximum floating profit exceeded $33 billion, and this morning it fell below $60,000, which means MicroStrategy faces a paper floating loss of over $11.4 billion.
Many people are curious about how they survived the last bear market? Will this bear market lead to liquidation?
First, let's review that MicroStrategy's holding cost in the last round was $30,000. They managed to survive the bear markets of 2022 and 2023 because their approach was different from leveraged cryptocurrency trading, as they engaged in long-term debt financing.
Most of the debt ($2.2 billion) is unsecured convertible bonds, which can cross cycle and mature between 2025-2028. The most dangerous time was when a $200 million mortgage fell below $21,000, triggering a margin call notice, but at that time, MicroStrategy had 130,000 bitcoins, which could pull the liquidation line down to $3,561.
In this round, according to their financial report:
Total holdings: 713,502 BTC (Total cost $54.26 billion)
Average cost: $76,052
Core debt: Convertible bonds $8.21 billion
Preferred stock: $8.39 billion
Total leverage scale: $16.6 billion
Cash reserves: $2.25 billion
In 2025, they also raised $25.3 billion through stock issuance (ATM issuance) without the need to repay principal and interest.
From the data, MicroStrategy has almost no risk of liquidation.
1. Currently, the cash on hand is sufficient to cover the interest on current debts and preferred stock dividends for 30 months (2.5 years).
2. The 710,000 BTC is not pledged, so there is no risk of forced liquidation like in the previous round.
3. The maturity date is far away; the recent large-scale debt is due in the third quarter of 2027. Before 2027, regardless of how low the coin price drops, MicroStrategy has no legal obligation to repay the principal.
However, the biggest problem now is that although there is no liquidation risk, due to the disappearance of the premium, MicroStrategy cannot continue to finance through ATM to buy coins, interrupting the compound growth. By 2027, if the bitcoin price is below $76,000, MicroStrategy will also be unable to issue new debt to repay old debt for turnover. At that time, they might sell a small amount of bitcoin for turnover or issue a large volume of junk bonds to repay debts, but whether anyone will buy is a question.
Many people are curious about how they survived the last bear market? Will this bear market lead to liquidation?
First, let's review that MicroStrategy's holding cost in the last round was $30,000. They managed to survive the bear markets of 2022 and 2023 because their approach was different from leveraged cryptocurrency trading, as they engaged in long-term debt financing.
Most of the debt ($2.2 billion) is unsecured convertible bonds, which can cross cycle and mature between 2025-2028. The most dangerous time was when a $200 million mortgage fell below $21,000, triggering a margin call notice, but at that time, MicroStrategy had 130,000 bitcoins, which could pull the liquidation line down to $3,561.
In this round, according to their financial report:
Total holdings: 713,502 BTC (Total cost $54.26 billion)
Average cost: $76,052
Core debt: Convertible bonds $8.21 billion
Preferred stock: $8.39 billion
Total leverage scale: $16.6 billion
Cash reserves: $2.25 billion
In 2025, they also raised $25.3 billion through stock issuance (ATM issuance) without the need to repay principal and interest.
From the data, MicroStrategy has almost no risk of liquidation.
1. Currently, the cash on hand is sufficient to cover the interest on current debts and preferred stock dividends for 30 months (2.5 years).
2. The 710,000 BTC is not pledged, so there is no risk of forced liquidation like in the previous round.
3. The maturity date is far away; the recent large-scale debt is due in the third quarter of 2027. Before 2027, regardless of how low the coin price drops, MicroStrategy has no legal obligation to repay the principal.
However, the biggest problem now is that although there is no liquidation risk, due to the disappearance of the premium, MicroStrategy cannot continue to finance through ATM to buy coins, interrupting the compound growth. By 2027, if the bitcoin price is below $76,000, MicroStrategy will also be unable to issue new debt to repay old debt for turnover. At that time, they might sell a small amount of bitcoin for turnover or issue a large volume of junk bonds to repay debts, but whether anyone will buy is a question.
Yili Hua has once again transferred 8000 ETH to Binance, with a liquidation range of $1523 to $1681
The latest liquidation range is [$1523 - $1681], current position is 455335.03 ETH.
$ETH
The boss's liquidation position has been set for bottom fishing.
The latest liquidation range is [$1523 - $1681], current position is 455335.03 ETH.
$ETH
The boss's liquidation position has been set for bottom fishing.
🚨 Boss Yi has reduced his holdings! 8000 ETH has entered the market!
ETH has dropped below 1800, and the whole network is watching Boss Yi's liquidation line.
Just now, Boss Yi finally made a move after waking up: 8000 ETH ($14.8 million) was directly deposited into Binance!
After this nap, he has also lost a few units of Shenzhen Bay No. 1
$ETH
{future}(ETHUSDT)
ETH has dropped below 1800, and the whole network is watching Boss Yi's liquidation line.
Just now, Boss Yi finally made a move after waking up: 8000 ETH ($14.8 million) was directly deposited into Binance!
After this nap, he has also lost a few units of Shenzhen Bay No. 1
$ETH
{future}(ETHUSDT)
It dropped to 5, has anyone persuaded you?
$BTC
$BTC
The current panic index is only 17, teacher, it's not time to buy the dip yet.
Have you ever seen a panic index of 0.5?
Have you ever seen a panic index of 0.5?
🚨 Boss Yi has reduced his holdings! 8000 ETH has entered the market!
ETH has dropped below 1800, and the whole network is watching Boss Yi's liquidation line.
Just now, Boss Yi finally made a move after waking up: 8000 ETH ($14.8 million) was directly deposited into Binance!
After this nap, he has also lost a few units of Shenzhen Bay No. 1
$ETH
ETH has dropped below 1800, and the whole network is watching Boss Yi's liquidation line.
Just now, Boss Yi finally made a move after waking up: 8000 ETH ($14.8 million) was directly deposited into Binance!
After this nap, he has also lost a few units of Shenzhen Bay No. 1
$ETH
McDonald's market value surpasses Ethereum
What to say, should we buy some McDonald's at this point?🍔
$ETH
What to say, should we buy some McDonald's at this point?🍔
$ETH
How could such an article circulate in the Chinese community?
#clawdbot Getting rich overnight" narrative holds a reserved attitude
The story of "Clawdbot / AI Agent making hundreds of thousands of dollars in one night" that went viral today looks explosive, but the problems are obvious: it shows results, not a verifiable, replicable strategy.
There is no complete trading log, no risk curve, no failure samples; this is more like survivor bias than a stable model.
The so-called "zero-risk arbitrage" of Polymarket fundamentally relies on low liquidity and temporary price differences. Once it is scaled up, Alpha will quickly disappear.
AI has not created new pricing capabilities; it has merely executed old arbitrage logic faster. Packaging short-term structural dividends as "AI rewriting the financial system" is narrative, not fact. What truly needs to be discussed are rule risks, systemic risks, and whether profits still exist when all Agents go online simultaneously.
$BTC
Report this kind of content quickly..
#clawdbot Getting rich overnight" narrative holds a reserved attitude
The story of "Clawdbot / AI Agent making hundreds of thousands of dollars in one night" that went viral today looks explosive, but the problems are obvious: it shows results, not a verifiable, replicable strategy.
There is no complete trading log, no risk curve, no failure samples; this is more like survivor bias than a stable model.
The so-called "zero-risk arbitrage" of Polymarket fundamentally relies on low liquidity and temporary price differences. Once it is scaled up, Alpha will quickly disappear.
AI has not created new pricing capabilities; it has merely executed old arbitrage logic faster. Packaging short-term structural dividends as "AI rewriting the financial system" is narrative, not fact. What truly needs to be discussed are rule risks, systemic risks, and whether profits still exist when all Agents go online simultaneously.
$BTC
Report this kind of content quickly..
Do you have such a brother?
You bought gold bars in 22 years, and he said you were foolish.
Now that the gold price has doubled, he says you are a brother.
$XAU
You bought gold bars in 22 years, and he said you were foolish.
Now that the gold price has doubled, he says you are a brother.
$XAU
The current panic index is only 17, teacher, it's not time to buy the dip yet.
Have you ever seen a panic index of 0.5?
Have you ever seen a panic index of 0.5?
I haven't heard the term shutdown price in a long time!
When Bitcoin drops to $75,000, the 23.3W/T mining machine will reach the shutdown price!!
Cobo & F2pool co-founder Discus Fish retweeted the latest shutdown coin price chart showing that Bitcoin has dropped nearly 15% this week.
When the price of Bitcoin reaches $75,000, a mining machine with a power of 23.3W/T will reach the breakeven point (i.e., the shutdown price).
According to historical bear market 📉 backtracking, a decline will inevitably reach the shutdown price, but it won't stay below the shutdown price for long. What do you all think this time?
$BTC
When Bitcoin drops to $75,000, the 23.3W/T mining machine will reach the shutdown price!!
Cobo & F2pool co-founder Discus Fish retweeted the latest shutdown coin price chart showing that Bitcoin has dropped nearly 15% this week.
When the price of Bitcoin reaches $75,000, a mining machine with a power of 23.3W/T will reach the breakeven point (i.e., the shutdown price).
According to historical bear market 📉 backtracking, a decline will inevitably reach the shutdown price, but it won't stay below the shutdown price for long. What do you all think this time?
$BTC
In the past 24 hours, something very magical happened:
🪙 The market value of gold increased in one day
≈ ₿ The total wealth of one Bitcoin
Gold's single-day increase: +1.64 trillion USD
Bitcoin's total market value: ≈ 1.74 trillion USD
In other words——
The traditional world created, in just one day,
a nearly complete $BTC ecosystem
A value consensus of 5000 years,
A digital belief of 17 years.
In contrast to digital gold? In contrast to a year gone by.
🪙 The market value of gold increased in one day
≈ ₿ The total wealth of one Bitcoin
Gold's single-day increase: +1.64 trillion USD
Bitcoin's total market value: ≈ 1.74 trillion USD
In other words——
The traditional world created, in just one day,
a nearly complete $BTC ecosystem
A value consensus of 5000 years,
A digital belief of 17 years.
In contrast to digital gold? In contrast to a year gone by.
AI Automatic Recognition Release (No Guarantee of Accuracy): Aster_DEX Launches $ASTER Automatic Repurchase, Utilizing 20-40% of Daily Platform Fees from Strategic Repurchase Reserves, First Repurchase Can Be Viewed On-Chain
Buying at this position is cheaper than CZ
Buying at this position is cheaper than CZ
OrangeCat Web3 Focus｜Why Web3 Needs AI Asset Management, Not AI Trading
TL;DR
AI trading has been fully stress tested by the market—and it has failed.
What Web3 truly needs in the next stage is AI-driven asset management, not smarter trading bots that merely chase short-term alpha.
1. The AI trading experiment has already failed
The main narrative of the last round of AI × Crypto almost revolved around AI trading.
A typical case is the AI trading competition initiated by nof1.ai:
Real funds
Automated strategies
Zero human intervention
Conceptually, very Web3-native.
But the reality is:
A market reversal is enough to cause almost all participating strategies to collapse.
AI trading has been fully stress tested by the market—and it has failed.
What Web3 truly needs in the next stage is AI-driven asset management, not smarter trading bots that merely chase short-term alpha.
1. The AI trading experiment has already failed
The main narrative of the last round of AI × Crypto almost revolved around AI trading.
A typical case is the AI trading competition initiated by nof1.ai:
Real funds
Automated strategies
Zero human intervention
Conceptually, very Web3-native.
But the reality is:
A market reversal is enough to cause almost all participating strategies to collapse.
Orange Cat Focus | The bear market is still at work, SUI ETF is confirmed to be online, reviewing several currently popular SUI projects.
In a bear market with a short bull run, $SUI dropping below 1.4 has already become a reality.
You can say
the price performance is poor, but you cannot say SUI is lacking funds.
The Sui ecosystem has quietly completed a key leap.
1. SUI ETF is confirmed: the ecosystem has entered a stage that can be discussed by institutions.
Recently, ETF products related to SUI have officially launched in the mainstream market in the United States, followed by Grayscale submitting applications related to the SUI Trust. This is not just a single positive signal, but a clear indication:
SUI is being incorporated into a framework of assets that traditional finance can understand and allocate.
In the view of Orange Cat Lab, the significance of the ETF has never been just about price, but rather—
You can say
the price performance is poor, but you cannot say SUI is lacking funds.
The Sui ecosystem has quietly completed a key leap.
1. SUI ETF is confirmed: the ecosystem has entered a stage that can be discussed by institutions.
Recently, ETF products related to SUI have officially launched in the mainstream market in the United States, followed by Grayscale submitting applications related to the SUI Trust. This is not just a single positive signal, but a clear indication:
SUI is being incorporated into a framework of assets that traditional finance can understand and allocate.
In the view of Orange Cat Lab, the significance of the ETF has never been just about price, but rather—
In a bear market, rather than desperately picking through the garbage in the secondary market, you might as well participate in the deployment of some early-stage projects, so you can earn early points for edgeX and lighter. Currently, edgeX points are 150u per point; with an early investment of 10u, you can earn 5 points, which is a 60x return.
@SUI AI Community is recruiting ambassadors.
@suilend has launched a new product.
@Pieverse community whitelist.
@SUI AI Community is recruiting ambassadors.
@suilend has launched a new product.
@Pieverse community whitelist.
How bold can a person be?
After the release of the UNI proposal, an investment institution for UNI (possibly Variant Fund) transferred 2.818 million UNI $UNI ($27.08 million) to Coinbase Prime. Subsequently, a large amount of UNI was dispersedly transferred from Coinbase Prime to CEXs such as Binance, OKX, and Bybit.
$UNI , a very harsh withdrawal plan
$UNI , a very harsh withdrawal plan
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