Alpha – Telegram
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Alpha isn't just the first letter of the Greek alphabet. It's a mindset. It's seeing opportunity where others see chaos.
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The Pyth short squeeze is not bullish Unlocks move But; the project front-ran the short sellers.

Those who shorted today, expecting $800M unlocks, got liquidated since the project unlocked tokens ~12 hours ago.
$400m liquidated in last 12hrs,

The most entertaining outcome is the most likely

Real time liq data via aggr trade
Did the White House get a memo from the funds staff that being anti-crypto isn't good for the election polls?

"We created The Ethereum Investment Framework to help people get up to speed as fast as possible"

That's a Coindesk intern move.
Bitcoin ETF's Cumulative Netflow $1.2b

BTC spot ETF total net inflow was $241.12M yesterday, marking a 6 days of consistent inflow.

Easiest trade follow the ETF's flow.
Will the $ETH ETF be approved this week?
Anonymous Poll
59%
YES
27%
NO
14%
Already Liquidated
DWF labs bought 25M GALA on open market after the gala hack

https://x.com/DWFLabs/status/1792926708821086509
As per THE FIDELITY ETHEREUM FUND SAYS THE TRUST’S ETHER WILL NOT BE STAKED......

if they can't stake where they will go?

ETH beta trades > like ARB, LDO, OP, and METIS. If asset managers aren’t permitted to stake their own ETH (LDO, ARB in top performers today already)

alternative staking providers will benefit massively from this.
Alpha
DWF labs bought 25M GALA on open market after the gala hack https://x.com/DWFLabs/status/1792926708821086509
GALA team gets hacked $20M USD back from the hacker and "will probably use the fund for buy and burn"
Alpha
As per THE FIDELITY ETHEREUM FUND SAYS THE TRUST’S ETHER WILL NOT BE STAKED...... if they can't stake where they will go? ETH beta trades > like ARB, LDO, OP, and METIS. If asset managers aren’t permitted to stake their own ETH (LDO, ARB in top performers…
FYI

Justin Sun currently holds 665,000 ETH ($2.447B), of which 390,000 ($1.435B) were bought at an average price of $2,984 between the end of 2023 and the end of April this year. (which I reported a couple of times)

Out of those 665,000 ETH, 417,000 are on staking and re-restaking platforms:

215,217 ETH → EigenLayer;
120,139 ETH → Swell; (holds 50% of staking tvl)
58,558 ETH → Puffer;
23,225 ETH → Lido;
454 ETH → etherfi.
Yesterday Vitalik Buterin backed ENS, the price jumped 25% to $22. Former ENS Operations Director Brantly Millegan unlocked 92,535 ENS ($1.99M) and transferred them to Coinbase. Since May 2022, he's moved 753,737 ENS ($15.06M) at an average of $20 each. Bullish Announcements leading to bullish unlocks
BINANCE GETS FLORIDA EMERGENCY LICENSE SUSPENSION OVERTURNED
BLACKROCK FILES AMENDED 19B-4 FORM FOR PROSPECTIVE SPOT ETHEREUM ETF, WILL EXCLUDE STAKING: NASDAQ FILING
Big volatility day today, with the SEC ruling on the $ETH ETFs at 9 am EST.

There is a 90% chance the ETF will get approved, but the market will still be waiting for the final word.

Sell the news or buy the rally? Find out today.
Bitcoin ETF's announcement: first 2 weeks volatility/returns and volume.
$ETH ETF approved, it was in this chat; Detailed breakdown here: https://x.com/JSeyff/status/1793768108018266344
AI word count in recent earnings calls & it's not correlated with crypto. Recently, all AI companies' earnings had zero impact on crypto tokens, and infect Crypto AI index is down 6%, VS NVidia 30%.