TurtleDee | 🐢

I dont think ETH will ever again trade above 2200-2500 regardless of how high BTC is

like or retweet this post if you didn’t turn bearish on Ethereum, ETH, and its developers and community at the bottom because you deeply understood that Ethereum is the future of global settlement and trust and you weren’t going let someone psyop you out of it

CT is irrelevant. no one cares what you need to understand is TradFi is waking up to the fact that they and their clients are under-allocated to ETH the token of the platform leading the stablecoin and tokenization boom correcting this will send ETH into the trillions

ETH isn't at december highs let alone all time highs. People have forgotten what ETH can do when it turns bullish - they don't remember 2021 and 2017. This time the institutions will drive the buy pressure and there's no new supply. The ETH run is just getting started.

i’d rather have been wrong for a while, but right in the end than right for a while, but wrong in the end Ethereum is the endgame. and it’s now becoming more clear than ever

Net new ETH issuance today: ~2,190 ETH ($6.57 million). Net inflows into the ETH ETFs today: ~86,758 ETH ($259.57 million). The ETH ETFs bought 40x more ETH than was net issued by the network today. Accelerate.

Bear with me, long ETH bullpost incoming: I think we're finally going to see the effects of The Merge + EIP-1559/burn overall issuance reduction going forward (which was a 90%+ reduction in newly issued ETH). What was missing over the last couple of years was the demand piece - unfortunately after EIP-1559 and during The Merge, it was a bear market and then ETH didn't capture the meta (memecoins) or any of the new macro buyers (they went to BTC). Now, ETH *is* capturing the macro buyers in a really big way mainly via the ETFs and the treasury companies (and we've only just begun here) + Ethereum has firmly captured the meta of stablecoins/tokenization and companies building their own chains as L2's. All of this puts a massive bid on ETH that we haven't seen under a paradigm where ETH has an extremely limited supply. The ETH ETFs over the last 9 days have eaten all of the net issued ETH (inc. the burn) since The Merge. And that's just the ETFs - I'm not even including the treasury companies here! Now on top of all this net new demand, we can throw in an increasing ETH burn as we scale the L1+L2's and onchain activity goes up which will just further reduce the available ETH for all of these entities to buy. I don't think I've ever been this bullish on ETH - the stars have never been this aligned for it and all of this is extremely reflexive to the upside. ETH to $100 trillion isn't just a dream - it will be reality!

Everyone’s saying “ETH turned bullish so fast” Nope. ETH was always bullish. It was just covered in low-effort FUD by clowns with bags to pump. 🤡 Now the community showed up with memes, facts, and firepower. 🔥 The lies popped. The balloon deflated. ETH global dominance is inevitable.

in light of recent market events i will only be bullposting until EOY please advise with your best bull propaganda for crypto assets such as $BTC $ETH $SOL & $HYPE you may also include memecoins that you believe will go back to ATHs thank for for your attention to this matter

Arise Chikun, it's time... $ETH = $10,000 Yachtzee😍😍😍😍😍😍😍😍

Imma raise the bar again. You won’t get any more pullbacks either this time on eth. You can screenshot this and troll me if we do, I’ll be insufferable if we don’t. That 2150 low from couple of weeks ago will go untested. Every seller possible has sold. There is endless trolling on the timeline. Morale has never been lower. Only NFT and DeFi tards like me are still interested in the eco. And yet tardfi is just waking up to the narrative, and my theory is we get a “delayed ETF effect” from all these treasury stonks that eventually spillover to the ETF flows as well. And then as numba go up NFT look prettier and prettier as floors level up, Yeld becomes attractive once more and DeFi revvs up again, maybe even hints at actual RWA volume. Imagine that. So yeah, the ticker is ETH. Fuck you. Higher.

Net new ETH issuance today: ~2,328 ETH ($6.5 million). Net inflows into the ETH ETFs today: ~79,000 ETH ($211.3 million). The ETH ETFs bought 34x more ETH today than was issued by the network.

7/9 BlackRock ETH ETF $ETHA net flow 57,801 ETH ($153.87 million) (HIGEST VOLUME TRADED SINCE INCEPTION) Volume traded: $0.9 billion

ETH was $4,100 in December. Then we got Genius bill, Tom Lee, zk breakthroughs to scale L1, Robinhood L2, 5-way race for $1b ETH treasuries, Paul Atkins SEC, return of DeFi, stablecoin summer. All this happened since then. And you don't think we can hit all-time-highs?

It's finally happening. TradFi analysts realizing the right way to value ETH is as the store of value asset of an emerging economy. Brand new ETH report from @fidelity. It's everything we've been saying for years. I am euphoric in this moment. ETH = world reserve asset

Ethereum can rewrite the entire financial system. We are aligning ourselves with Ethereum’s long-term potential. Bit Digital accumulated 100,603 ETH — and we intend to aggressively add more to become the preeminent ETH holding company in the world. We have converted BTC holdings into ETH, and have raised an additional ~$172MM to purchase ETH. We are returning to our roots: a cryptocurrency company positioned as a focused Ethereum treasury platform directed at one of the most impactful assets of our generation: ETH. There is no second best.

Can’t be bullish on stablecoins & tokenization w/out being bullish on ether IMO… Seems obvious.

Growing consensus that the only way for the U.S. to preserve dollar dominance is stablecoins. Most stablecoins live on ethereum. Ethereum = world ledger ETH = world reserve asset