🚨 Ethereum Unstaking Queue FUD? Let’s break it down
The unstaking queue is currently at 897,214 ETH (~3.3% of all staked ETH). But it’s not as bearish as CT is making it look 👀
Out of that, 318,015 ETH is in the entry queue, making the net exit 579,199 ETH.
In the last 6 days alone, exchanges saw 500K ETH withdrawn (~$2.2B of potential sell pressure already removed).
Next, Institutions are loading up big. In just the last 24 hours, Bitmine bought $500M ETH, now holding $5.8B ETH…
…and they’re planning to buy another $20B worth over the next 3 months.
Worst case, even if all unstaked ETH hits the market, demand + institutional buying strongly outweigh the sell-side pressure, far from the doom narrative CT is pushing.
The unstaking queue is currently at 897,214 ETH (~3.3% of all staked ETH). But it’s not as bearish as CT is making it look 👀
Out of that, 318,015 ETH is in the entry queue, making the net exit 579,199 ETH.
In the last 6 days alone, exchanges saw 500K ETH withdrawn (~$2.2B of potential sell pressure already removed).
Next, Institutions are loading up big. In just the last 24 hours, Bitmine bought $500M ETH, now holding $5.8B ETH…
…and they’re planning to buy another $20B worth over the next 3 months.
Worst case, even if all unstaked ETH hits the market, demand + institutional buying strongly outweigh the sell-side pressure, far from the doom narrative CT is pushing.
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Bybit made one of the most bullish announcements for Mantle this year.
$MNT has now been integrated into Bybit’s core business, the 2nd largest CEX in the world following almost the exact same playbook Binance used to turn $BNB into a giant.
Currently, $MNT is already part of Bybit’s Launchpool projects, and soon it will also be used for discounted trading fees. The team has hinted at even more utilities in the future, which could mirror the kind of use cases BNB has on Binance, but this time for $MNT within the Bybit ecosystem.
Since the announcement, price has surged 45%, wallets hit an all-time high, and TVL has climbed past $2.2B.
If momentum continues, MNT could evolve into something much bigger.
$MNT has now been integrated into Bybit’s core business, the 2nd largest CEX in the world following almost the exact same playbook Binance used to turn $BNB into a giant.
Currently, $MNT is already part of Bybit’s Launchpool projects, and soon it will also be used for discounted trading fees. The team has hinted at even more utilities in the future, which could mirror the kind of use cases BNB has on Binance, but this time for $MNT within the Bybit ecosystem.
Since the announcement, price has surged 45%, wallets hit an all-time high, and TVL has climbed past $2.2B.
If momentum continues, MNT could evolve into something much bigger.
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Token buybacks are the new meta this cycle. Pay attention to the projects announcing it..
But only the ones which are actually backed by real revenue + moat. Most are noise!
I’ve filtered it down for you. 5 buyback meta tokens worth keeping on your radar.
Shared a thread below: 👇
( LIKE & RT ) ♥️
https://x.com/axel_bitblaze69/status/1957130122227548311?s
But only the ones which are actually backed by real revenue + moat. Most are noise!
I’ve filtered it down for you. 5 buyback meta tokens worth keeping on your radar.
Shared a thread below: 👇
( LIKE & RT ) ♥️
https://x.com/axel_bitblaze69/status/1957130122227548311?s
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
Token buybacks are the new meta this cycle. Pay attention to the projects announcing it..
But only the ones which are actually backed by real revenue + moat. Most are noise!
I’ve filtered it down for you. 5 buyback meta tokens worth keeping on your radar.…
But only the ones which are actually backed by real revenue + moat. Most are noise!
I’ve filtered it down for you. 5 buyback meta tokens worth keeping on your radar.…
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Eigen hit ATHs in:
- TVL
- Token Holders
but reached an ATL in :
- USD Inflows
- Daily Active address
The protocol still have $566.19 Million in staked value that is 131.35% of mcap.( up from the bottom of $277m). For price to revisit ATH, growth must come from new users + higher onchain activity, not just TVL stacking.
- TVL
- Token Holders
but reached an ATL in :
- USD Inflows
- Daily Active address
The protocol still have $566.19 Million in staked value that is 131.35% of mcap.( up from the bottom of $277m). For price to revisit ATH, growth must come from new users + higher onchain activity, not just TVL stacking.
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Ethereum’s leveraged short positions hit a record high.
- If ETH moves $400 up, total liquidations will be around $4.5B.
- If it goes down $400, total liquidations will be around $1B.
- If ETH hits ATH this week, total liquidations will be around $10B.
The squeeze setup is loaded… question is: which side gets rekt first?
- If ETH moves $400 up, total liquidations will be around $4.5B.
- If it goes down $400, total liquidations will be around $1B.
- If ETH hits ATH this week, total liquidations will be around $10B.
The squeeze setup is loaded… question is: which side gets rekt first?
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Bro raised $216M just to end up making $45 a day.
And the biggest victim? Heritage Distilling. On Aug 11, Jason Zhao offloaded $82M OTC, and by Aug 16, he quietly stepped down from the board.
FYI – this was Heritage Distilling’s first and only Web3 bet 😭
And the biggest victim? Heritage Distilling. On Aug 11, Jason Zhao offloaded $82M OTC, and by Aug 16, he quietly stepped down from the board.
FYI – this was Heritage Distilling’s first and only Web3 bet 😭
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5 coins I’m loading heavy rn for 2025 and why
Thread:🧵👇
( PLEASE LIKE & RT ) 🥹
https://x.com/axel_bitblaze69/status/1957871442743189992?s
Thread:🧵👇
( PLEASE LIKE & RT ) 🥹
https://x.com/axel_bitblaze69/status/1957871442743189992?s
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
You’re all panicking over $ETH at 4100 and alts bleeding
Meanwhile I’m over here like… this is exactly what I wanted to see
On Next leg up, I think $ETH smashes ATH and the right beta plays are gonna catch serious bids too
5 coins I’m loading heavy for…
Meanwhile I’m over here like… this is exactly what I wanted to see
On Next leg up, I think $ETH smashes ATH and the right beta plays are gonna catch serious bids too
5 coins I’m loading heavy for…
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Pumpfun is facing FUD for never officially announcing a buyback. Instead, they just did random buybacks to generate hype.
And honestly, that’s somewhat true. Even on their own tracking site, Pumpfun mentions: “we may modify or discontinue buyback at any time.”
So far, Pumpfun has spent $45M on buybacks. IMO, they won’t stop anytime soon because if they do, FUD will skyrocket. Whatever little narrative building we saw won’t come back again. Thoughts?
And honestly, that’s somewhat true. Even on their own tracking site, Pumpfun mentions: “we may modify or discontinue buyback at any time.”
So far, Pumpfun has spent $45M on buybacks. IMO, they won’t stop anytime soon because if they do, FUD will skyrocket. Whatever little narrative building we saw won’t come back again. Thoughts?
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Alpha updates. 🪓
Kanye West Just Launched His Memecoin $YZY! Currently at $2B MC
7 hrs Later ...
50% value evaporated 💨
50% value evaporated 💨
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