Stew

gm i have started taking profits on my shorts, was looking for a deeper pullback to 1DEMA 200 around 104k but looks like it's taking a long time and i am not sure if/when we go to that area been holding these positions for a month now and im not gonna lie, there were times when i doubted my conviction and CT can overwhelm you as well but alas, a win is a win going forward, i will mostly be concentrating on altcoins because i think we have the opportunity to squeeze the juice out of them going into Q4 plan for the next couple of weeks is to close all the shorts and buy the dips on my favorite alts and not get shaken out because the markets will try to good luck, have fun and hope you don't get liquidated

Binance cartel are about to start brutally crimemaxxing a few coins that none of you niggaz have a damn clue about [but obviously I do, because I'm smarter than you one-dimensional onchain noobs + there are certain patterns on some newer charts] Hint: Study YZi Labs investments 👀

Coyote gives his take on the EV of trading memecoins vs prediction markets “If I had a low port the only thing i’d be spending time on right now is prediction markets, I think the edge can be a little bit more specific than onchain” “In terms of how efficient the market is, it reminds me of what Solana was like in 2022”

Allocating 97% of revenue to buybacks maximizes Number Go Up. NGU is the only effective growth/marketing strategy in crypto. Buybacks are economically equivalent to dividends. For example: Assume the circulating supply is 312M HYPE and it's trading at $37 BUYBACKS: You hold 0.1% of the circulating supply (312k HYPE) AF spends $1B to buy 27M HYPE — reducing the circulating supply to 285M HYPE You sell 27k HYPE into the AF's buys for 1M USDC Now you hold 1M USDC + 0.1% of the circulating supply (285k HYPE) DIVIDENDS: You hold 0.1% of the circulating supply (312k HYPE) AF distributes $1B as dividends to holders Now you hold 1M USDC + 0.1% of the circulating supply (312k HYPE) Same as the buybacks. Except buybacks are superior due to tax efficiency. If the team needs USDC they could sell HYPE to indirectly divert USDC from AF. Same as any other holder who needs USDC. There's no need to change the 97% buyback parameter for that.

Update: MEXC Attempts To Lure The White Whale To Meet In Person...For Potentially Sinister Reasons?? I received an email from MEXC (with my anti-phishing code and from their official domain). I triple-verified - it was authentic. The email claimed: “Our leadership team attaches great importance to cooperation with you and is very much looking forward to having a one-on-one communication with you to deeply understand your needs and expectations. To this end, we sincerely invite you to have in-depth communication with the leadership team.” They asked me to verify my TG ID. Once I did, I wasn’t met by a “leadership team.” Just one person: their Global Head of Customer Service - whose identity I confirmed through multiple channels including other MEXC employees. Then came the punchline: he insisted I travel to Malaysia to “complete KYC in person.” Let’s be clear. I’ve already done every form of KYC they’ve ever asked for: live video, address verification, phone number, multiple identity layers. Their own Terms of Service contain zero mention of any requirement for in-person KYC. Crypto kidnappings are on the rise - why would someone with over $100M on-chain ever agree to fly to another country and enter the lion’s den of an organization he's publicly protesting against? When I rejected the idea, his reply was telling: “But I understood that you have sought to expedite the unfreezing of your account.” Translation: If you want your funds, get on a plane. This is not compliance. This is coercion. What MEXC is attempting here isn’t “verification.” It’s intimidation dressed up as procedure. They are inventing roadblocks that don’t exist in their own rulebook, while dangling access to my rightful funds like ransom. If they can do this to me, they can do this to anyone. The question now is simple: How long will the industry turn a blind eye while exchanges resort to tactics that belong in crime thrillers, not capital markets? I know we’ve got their attention. Maybe we just haven’t been loud enough yet. I told him to come back to me when MEXC was ready to be serious. 🫡 From the depths — The White Whale 🐋