According to glassnode, Long-Term Holders already hold 70% of the total supply of Bitcoin, reaching 14,787,265 BTC, continuing to hit new highs. Among them, 69.2% of long-term holders' positions are in profit. Long-term holders are those whose average purchase/receipt date is at least more than 155 days ago. — link

Even after post- EIP4844/ danksharding,

L2s are still competing for DA on the L1, meaning if a L2 is having a hyped mint, all other L2s are also affected by the fee spikes on the L1

the difference between global fee market and localised fee markets

https://x.com/LoganJastremski/status/1703484179944476922?s=20

#reads danksharding, eclipse

Analogy from DavidHoffman.eth:

the QWERTY keyboard sucks and is not the most efficient, but the majority sticks to it anyway

in the same way, while EVM has its drawbacks, it is likely that corporations and devs would prefer sticking to EVM as compared to SVM

https://x.com/0xMert_/status/1703495706839822769?s=20

https://docs.eclipse.builders/introduction/what-is-eclipse

#reads eclipse

$FGATE

FrenGate is a platform built on top of friendtech, designed to help FT creators manage their communities and chatrooms for a small fee

imo the UI/UX is super clean and there is no on-chain transactions required on the platform

think this might be a a good temporary solution while FT remains improving on their UI/UX

frengate.app

cool stuff

> keep Telegram wallet as a hot wallet since it's doxxed to you (or keep your profile anon)
> easy sending of funds with a few taps within TON from wallet to wallet
> international currency (crypto) and transfers
> convenient and accessible
> gud

correct on the idea

btc just hit 27k, entered my first short, scaling up to 28k+

let’s see how things move from here

will look to position some shorts on alts as well

Wintermute criticized DWF, another market maker, on many occasions in Singapore2049. It stated to the media that there are a large number of people in this industry who "manipulate the market" instead of "providing liquidity to guide the healthy development of the market." It also criticized DWF for declaring OTC transactions as investments. DWF has previously accused Wintermute of using the media to spread false information. — link

a good point that i learned from rektproof is that mondays are usually days where the direction of the week is set, usually through forming of a range (monday high and low)

the week then usually trades in between this monday range

so don’t trust movements on mondays too easily