Alpha – Telegram
24.7K subscribers
5.66K photos
274 videos
410 files
8.1K links
Alpha isn't just the first letter of the Greek alphabet. It's a mindset. It's seeing opportunity where others see chaos.
Download Telegram
Alpha
$SUI has a ~$110M unlock tomorrow, with most going to Series A and B investors, while early contributors will receive around 16% of the tokens.
Meanwhile, $SUI has surged 48% in the past week, just before a $100M token unlock. an exit pump or price discovery~! Additionally, SUI's TVL has reached a new all-time high of $1B.
Bitcoin October-1st returns over the last 12 years; first oct-1 having -4% drop, with $400M in long liquidations, marking the largest long liquidation day since August 5th.
While people spreading FUD about a $eth ICO seller, another fund quietly bought 56,093 ETH using $129.3M USDC at an average price of $2,305 during the August 5 crash. Yesterday, they added another $66M worth of ETH to their holdings.
Visa Introduces the Visa Tokenized Asset Platform - BSW
NFP day, Bitcoin Performance during NFP since 2024 start.
Week Ahead 08/10 - 13/10

Project Updates:


Oct. 7: FTX court hearing to determine date of $16b cash distribution
Oct. 8: HBO documentary claiming to reveal Satoshi Nakamoto's identity
Oct. 8: Saga ($SAGA) Vault Five distribution
Oct. 8: NvirWorld ($NVIR) launches Neural Coin on Nural Network
Oct. 9: DEAPCOIN ($DEP) service enhancement update
Oct. 9: Stacks ($STX) initiates Nakamoto upgrade sequence
Oct. 10: Gods Unchained ($GODS) releases new expansion "The Tower of Dread"
Oct. 13: Dash ($DASH) releases new privacy features for mobile wallet
Mantra ($OM) scheduled to go live on mainnet this week.

Token Unlocks:
Oct8-14: $APT - $99.30M (2.25% of supply)
Oct8-14: $SOL - $78.57M (0.11% of supply)
Oct8-14: $WLD - $74.45M (7.32% of supply)
Oct8-14: $TAO - $46.17M (0.97% of supply)
Oct8-14: $OP - $21.08M (0.99% of supply)
Oct8-14: $TAIKO - $19.80M (15.62% of supply)

Macro:
Oct9: FOMC minutes
Oct10: CPI report release. Expected: 2.3%
China's stock market has surged 20% in a matter of days. This comes as China starts large stimulus.
Bitcoin Price on October 07:
2015: 246 $
2016: 613 $
2017: 4369 $
2018: 6591 $
2019: 7989 $
2020: 10603 $
2021: 55339 $
2022: 19958 $
2023: 27947 $ (Bear market wo/ ETF)
2024: 63000 $ (With ETF)
What are the top-performing sectors in the last 1 year?

Ethereum Killers (which are L1s, e.g., $SUI)
memes (top performers since last bull run)

Worst performers:
defi, metaverse, l2, lsd.

Meanwhile, majors:
btc did 112%, eth 232% returns.
Alpha
Correlation btw sectors.
^ great returns coming with great risk, memes having highest volatility across all sectors but at the same time memes outperformed all the sectors. Secondly eth killers with low vol but almost similar returns.
The Ethereum Foundation address deposited 1,200 ETH to Bitstamp 20 minutes ago, worth approximately $3.03 million.

https://platform.arkhamintelligence.com/explorer/address/0xa951A1BCBbD1bEE2cc35CFd96Dcf9d101e630c40
67% of hedge funds trading in traditional markets have been involved in digital assets, up from 29% in 2023 and 37% in 2022. Of the funds that have already invested in crypto, 67% plan to maintain the same level of crypto capital, while the remaining funds plan to increase investment by the end of 2024.

https://www.bloomberg.com/news/articles/2024-10-10/almost-half-of-traditional-hedge-funds-are-dabbling-in-crypto?
CPI day

sept cpi forecasts ^.. est; 2.3%
grayscale Non-GBTC/ETHE Crypto Assets: $1B AUM
U.S. CPI: +2.4% YEAR-OVER-YEAR (EST. +2.3%)
U.S. CORE CPI: +3.3% YEAR-OVER-YEAR (EST. +3.2%)
SEC SUES CUMBERLAND DRW FOR OPERATING AS UNREGISTERED SECURITIES DEALER: FILING