Funware
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Funware retweetet

Earlier today I made a big move in anticipation of this announcement. In a single transaction, I locked 500 million coins...forever.
A movement does not belong to the person who lit the match. It belongs to the people who carry the flames.
As I’ve mentioned publicly, I’m dealing with an ongoing family crisis involving my children. It has taken a real toll on my mental health. On top of that, the daily pressure of “do more to pump our bags” - when I’ve already done more than any person leading a CTO in this space ever has - is disheartening at best. And beyond all of that, I’m losing some of my passion for crypto in general.
For $WhiteWhale holders: yes, there is a continuity plan. While permanently locking $13 million worth of supply should be the greatest parting gift I could give you, I know the @WhiteWhaleMeme page needs to stay active and keep producing fresh, creative, and funny content. My dear friend and loyal companion @vincenzomaiett has agreed to selflessly take on that responsibility. DEX LP operations will also continue under one of the sharpest LP minds I know, with my ongoing oversight behind the scenes.
When you look at my record - with millions given to charities on-chain, millions distributed to members of CT, and millions more spent accumulating a more proper supply structure for $WhiteWhale - the reality is that, since 10/10, I have officially given more to crypto than I’ve taken from it. I’m okay with that. I believe in karma. I don’t believe good deeds should be performed with the expectation of reward, but I do believe the universe provides in due course.
I came into crypto deeply passionate about what I believed it represented: the original promise. Permissionless finance. Decentralization. True financial freedom.
Ironically, the reason for my prior success in this space is the same reason I’m now losing my passion for it. Before 10/10, I had accumulated nearly $100 million in PnL from a trading thesis that began with a very simple assumption: everything is manipulated. From there, my thesis evolved into this: a trader’s job is to identify the signs of manipulation and move in harmony with the Apex Predator class, rather than becoming its prey.
Eventually I had to confront the contradiction in that.
How can I be passionate about free and open finance while operating under a thesis that says, at its core, it’s all a lie?
That kind of cognitive dissonance has a cost. It shows up as stress, guilt, shame, and anxiety when your actions no longer align with your beliefs.
Knowing something academically - and even profiting from that knowledge - is one thing. Seeing how the sausage is made with your own eyes is another. Running a coin opened my eyes to a lot. On one hand, if I ever go back to trading, I’ll be better equipped than ever, with sharper instincts and a deeper understanding of the brutal arena that is crypto. On the other hand, it’s hard to feel excited about magic internet money when you know how much of this space actually works.
The sad truth is that founders and thought leaders in this space know what I know, and many of them know much more. That is part of why we need to break the culture of idolizing founders. We praise them as honorable people building better tools, but underneath it all, they know just as well as I do that much of what they are building on top of is rotten to the core. And yes, I believe a beautiful cake sitting on a pile of dung eventually takes on the taint of dung.
But the reality is that there is not much anyone can do about it. That is one of the consequences of so-called decentralization.
Crypto is global. You cannot regulate an entire planet. A VPN and a protocol hiding behind the letters D-E-X mean that nothing will ever fundamentally change because somebody in power decided it should. If real change comes, it will come organically - when the people stop feeding the machine.
And while those comments are about crypto more broadly, let me say something directly to the trenches.
Pump.fun is a cancer on this space. You know it, I know it, and yet you keep engaging with it. Its entire business model is built on volume and volatility. The trenches are fragile because they were designed to be fragile. I’ve been preaching liquidity design and liquidity shape for months now.
But here’s the harder truth: most of you would not show up for a proper liquidity shape. Because the 1,000x fantasy would be mathematically reduced, even though very generous returns could still remain on the table. You have been sold a dream with odds closer to a national lottery ticket than an investment opportunity. You see the occasional winner and cling to the hope that one day it might be you. Meanwhile, the real winner is the machine that keeps you playing.
Narrative matters far less than mechanics. If narrative alone were enough, Punch would have broken through the way its mindshare deserved. With all that attention, and with all that narrative weight, it still could not break the nine-figure curse even while being actively crimed. Only a couple of coins have managed that in recent history, and $WhiteWhale was proudly the first. Same with Kilroy - the original meme, an incredible narrative, and still: crickets. Because mechanics matter more than people want to admit. (I am not an active holder of any examples I've given).
So this is me stepping away from CT.
Not out of hatred. Not out of self-pity. And not without love. My biggest reward from my crypto journey has been meeting some really wonderful avatars from all across the globe. (Ironically the really nasty avatars are the worst part of all of this)
I am choosing my children. I am choosing my mental health. I am choosing to step back before this space takes any more from me than I’m willing to give. For long ago in life I learned that you're no good to anyone if you're not okay. And right now, I'm not ok. And it's okay to admit that.
To the people who truly believe in me, believe in this movement, and stood beside me through all of it - thank you. I will carry that with me. Always. This was always for you. I trust you'll continue to bear the torch.
And as for the future: I’m not closing the door. Maybe one day, when the storm has passed and the fire returns, I’ll have something left to say. Maybe one day I’ll come back. But if that day comes, it will be because it’s authentic and not because I feel the public pressure to "dance puppet, dance".
In the mean time...take care of yourself, and each other. Protect what's worth protecting, and abandon the things that aren't.
🫡 From the depths —
The White Whale 🐋
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Funware retweetet

En esta vida hay que ser estúpidamente optimista. El mundo es de los que se la juegan.
ₕₐₘₚₜₒₙ@hamptonism
the greatest people aren’t disciplined. they are obsessed.
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Funware retweetet
Funware retweetet

I came to the trenches as an outsider. I talked with countless people. I listened. I understood some of the very real problems that needed to be solved.
But understanding a problem and having real life experience with it are two different things.
So yesterday I spun up a fresh wallet and played in the trenches. Tried various strategies. Small amounts on freshly launched tokens. Larger amounts on tokens already between a six - seven figure mcap.
I made money once. Every other time I got rugged. Unless I was just glued to the screen, I didn't stand a chance.
$300K to zero by the time I checked it again. Even one case of $2M to zero.
One of the things I've most often heard my holders say is that "$WhiteWhale is the only meme I can go to bed holding" but I always took it as nice words from bag-holders. I never really understood how real of a problem that was.
I didn't even go to bed with any holdings. My 2M to zero happened in just the time it took to watch one episode of a TV show with my wife on the couch.
I even drew a line on a meme coin chart for the first time (what have you people done to me? 🤣).
Now one could say I was simply a bad meme coin trader. This might be true. Although if you look at the PnL of most meme traders you'll see I'm not alone. In fact the vast majority of people lose money on memes.
But the more I'm in the trenches the more I have grown to love this space. It's honest. I wrote a long article on this a while back, but the trenches recognized early that it's all about attention and liquidity. No fake cases for utility, adoption narratives, protocol revenue used to calculate token value (which I've always said is crypto's attempt to cosplay as stock market traders)...the trenches cut through all of the nonsense and lies we like to tell ourselves and strip it down to the real, the raw, and the authentic levers that move all of crypto: attention & liquidity.
Is it ugly (most of the time)? Yes. Does it need improvement? Hell yes. But is it real, raw, unfiltered and authentic? Absolutely.
I'm very glad I took the time to walk a mile in the shoes of the average trencher. It was very informative and further informs my role as steward moving into the future.
🫡 From the depths —
The White Whale 🐋

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Funware retweetet
Funware retweetet
Funware retweetet

Gloves off. I'm F$%*ing pissed.
A little over three hours ago our monitoring systems alerted us to a very unusually sized sell limit order on ByBit spot. Close to $200K in value.
We saw the order flip in and out of view (classic signs of spoofing).
I attacked the sell wall by placing a couple of large market orders, and magically it disappeared afterwards (even tho my buys were no where near the size to knock it out, my goal was just to damage it). Seems like someone didn't want to sell after all.
Large "spoofed" sell walls are intended to accomplish one function: trick bots, algo traders and regular humans into believing there is much more resistance immediately above price than below it.
This taking place on a weekend with low organic volume is no accident.
They continued to "walk down" the price until they got what they came for, which was long liquidations. And of course as soon as those liquidations were achieved the very large spoof order disappeared from the books.
This blatant market manipulation is easy to spot on lower market-cap tokens, but this is what goes on all day every day in crypto.
Who is doing this?
It's not ByBit themselves. They are a fairly well-respected Tier One exchange and unlike other shady CEXs they don't need to market make their own books.
This is clearly a large actor who stood to benefit from the price move. The most likely culprit? Whoever is performing the market making on the perps book.
The problem is that any one of a number of Market Makers can market make any token they want. Once they are approved to access the exchange there's nothing stopping them from doing this.
We never asked for a perps listing. If we had been asked we would have said we didn't want one. It's too easy to let perps drive price discovery for a lot less capital invested. I believe price discovery should be driven by spot, at the very least until asset maturity.
How are they doing this?
They use a combination of DEX selling, CEX selling, CEX spoof falls to trigger their desired outcome. Then they buy the dips they force to take place. They reload cheaply once they trigger a cascade because bot and human selling help them lower price to their targets. That's when they load up. Which is why they can repeat this all day long and not lose money on the spot buys they make.
What can we do about it?
So much of spot trading is bot/algo driven. We can't reprogram every bot to identify spoofed liquidity and not respond to it. It's literally a robot war. Bots deceiving each other. Bots not wanting to take the risk that the resistance isn't real and hedging on the side of caution.
Buying into the initial dump feels logical, but you're just allowing them to exit at a higher profit.
Instead, one tactic that we are deploying is putting limit buy orders just above where the liquidation clusters start on a move forward basis. We don't want to feed their profitability by trying to prevent the move but if we know their destination we do want to make that final journey as expensive as possible. This is because they will be forced to expend tokens at what is likely close to a break even or perhaps even a loss to make the move, making it much less rewarding.
Additionally we have submitted yet another report to @Bybit_Official 's market surveillance team asking for an investigation. We do not know who the actor is, naturally (CEXs are black boxes) but we do know what activity is taking place. It is our sincere hope that our partners at @Bybit_Official take steps to reduce or eliminate this activity. Legal and internal definitions of "spoofing" vary greatly, and its very likely the actor knows how to conduct this behavior in a method that evades falling into the "spoofing" definition. That does not, however, mean that it is not active market manipulation - which is against their Terms of Service.
We aren't sleeping on the job. We are literally monitoring these sorts of things 24 hours a day. We have seen their tactics shift and adapt as our tactics have shifted and adapted. (My favorite was when they attempted to hide the spoofing activity by also spoofing some on the buy side, although with much less money to still make the sell side seem more powerful).
When the chart only makes sense once you look at a liquidation heatmap? Chances are someone applied these sorts of tactics to make it happen.
This is why supply control is so very important, and why the Treasury is still accumulating supply on a daily basis.
By making supply more scarce, and in the hands of actual stewards of the project (the project itself and its loyal community), these types of games become more difficult the more time goes on.
I have spent so much time putting counter-moves up against the blatant market manipulation its taken away time from other things I should be doing. Like writing new video scripts, crafting new educational posts, etc.
So why am I so pissed right now? Well, because today I lost. I've been winning the war a lot lately, but just wasn't able to pull of a victory today. But more than that, because this kind of nonsense should not be allowed to take place to begin with.
Sadly it does...all day long...on every asset in crypto.
This is why I've said since my appearance on X that the goal of trading in this space is to understand the Apex Predator so that you can walk in harmony with them, instead of being their prey.
For the love of all that is holy, don't leverage trade our token. They are hunting. Shorts will be the next ones hunted.
🫡 From the depths —
The White Whale 🐋


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Funware retweetet
Funware retweetet

Sometimes we overcomplicate things.
There are too many repeating structures here for this to be dismissed as coincidence, and is my audience know, I love numerical patterns.
The 4-year cycle remains intact.
Both previous major tops took exactly 52 bars to find a bottom.
Both peak-to-peak moves took exactly 204 bars.
That’s not interpretation, that’s measurement.
The only variable we can’t yet confirm as a pattern is the drawdown depth: -84% and -77%.
And as most of you know, patterns need three data points to be trusted.
So for now, I’m forced to work with the only constant available:
84 → 77 → 70 (subtracting the same delta).
That puts the projected range around $37,000–$40,000.
A $3,000 window isn’t a prediction, it’s my admission of uncertainty.
No one rings a bell at the bottom. This is simply the cleanest framework the numbers allow right now.
Nothing more. Nothing less.
~ from above 🐦⬛

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Funware retweetet

Proper stewardship & an amazing community. Quite the powerful combination.
Stalkchain@StalkHQ
Looks like $whitewhale @WhiteWhaleMeme is the only memecoin on sol not dumping What is the secret?
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Funware retweetet

>supply in the right hands
>7 fig project treasury
>based lead
has all the ingredients.
$1.
Anglio@anglio
Can anyone explain to me why $WHITEWHALE is so strong ??????? SOLANA below 100$ and this just casually going up non stop lol
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Funware retweetet

WHITEWHALE is the only coin going up right now while everything including bitcoin is crashing
Built different.

The Wolf Of Crypto Streets@W0LF0FCRYPT0
WHITEWHALE genuinely has more than 9 lives I can’t recount the amount of times people have dismissively called it dead and now it’s back above a $100M marketcap in the nastiest of market conditions One of the very few coins saving my portfolio right now Send it higher.
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Funware retweetet

🚨 $WHITEWHALE (@whitewhalememe) is the #1 memecoin gainer among the top 500 cryptocurrencies over the last 24 hours amid a broader market dump.


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Funware retweetet

I guess I’ll just have to do the updating since $whitewhale has gone from 27m back to 120m in just two weeks. Road to 1B, maybe even billions 🐋

Gotrilla@GotrillaGorilla
Anyone who shared the $whitewhale chart at the 27m dip mind sharing an updated chart. I’m trying to see somethin real quick.
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Funware retweetet







