Bitrabbitboy.eth

6d ago, the Linea team injected nearly 1B $LINEA into the market: - 0xaBB: 155,000,000 - 0x3f6a: 318,882,273 - 0xE5C: 118,470,568 - 0x08C: 135,394,935 - 0xbA8: 220,016,770 - Total: 947,764,546 Some of these wallets have already transferred small amounts of tokens to CEXs. I don’t understand why the price of $LINEA has pumped so hard while the bullet is already in the chamber and the trigger could be pulled at any moment. Two possible explanations: • A short-term liquidity hunt • A pump- dump operation But regardless of the reason, demand for Linea is extremely low - so low that more than 380M $LINEA had no takers and had to be burned. 2 mon ago, $170M in ETH was deposited by Sharplink into Lineachain. Now that amount is only a little over $100M. - Lineabuild still posts daily. - Metamask has weakened significantly. - Declan Fox appears like a ghost - sometimes present, sometimes absent. - LC and LA seem to have only one function left: unlocking tokens. - Only Founder Joseph remains highly active, traveling across countries and attending events to promote the Ethereum vision. It has also been quite a while since I last monitored the team to see whether they were dumping tokens, because at $0.003, everyone had already given up. If you are holding $LINEA, this might actually be good news: - Market liquidity has dried up. - The amount of Linea being dumped has dropped to the point where no one even wants to sell anymore. Team wallet: 0x7fbe2d1893a8c22ab024f5e7cb49a44c797dfc9d Receiving wallets: 0xaBBD7BAd2299795a6426446b3A2675D5531E03Fd 0x3f6a27fdbCCc528f231261705eF78D893340FfEB 0xE5C7d22e9A1374E3D0Dc69606A9Cbf8Fa071De66 0x08C9ECB7C020430dCd0Df613828fDD85A45550eB 0xbA8b15901742e410D660064b61A25db8Bf168D9F

And in that instant… the first of its kind awakened.

Honouring the Voltz community As we prepare for $REYA, we’re recognising one of the early pioneers of onchain finance: Voltz, and the community that helped move DeFi forward. 🧵