defib3rt 🟥🟦🟨
538 posts

defib3rt 🟥🟦🟨
@defib3rt
Jumped into Web3 in may 2024. Figuring it all out with a focus on Solana. 🚀 Also the ticker is $bitcoin! 🟥🟦🟨
Katılım Ağustos 2024
357 Takip Edilen39 Takipçiler

@martypartymusic @S_Pencreach What do you mean? Everybody controls their capital, right?
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Who is the seller?
There is substantial on-chain and analytical evidence suggesting that the Chinese government (primarily through local authorities) has sold off most of its 194000 seized Bitcoin, though no official confirmation from the Chinese government exists, and remaining holdings estimates vary.
Key Evidence of Sales
- PlusToken Seizure (2019): Chinese authorities seized approximately 194,000 BTC.
- Ongoing Sales by Local Governments (2025 Reports): Amid economic slowdown, local Chinese governments have been liquidating seized crypto (including Bitcoin) through private firms in offshore markets to replenish public funds, despite the mainland trading ban. Hong Kong FX Brokers have been selling on the open market and via OTC desks.
A Reuters investigation (April 2025) documented this practice, noting sales of assets worth hundreds of millions (e.g., one firm handled over $400 million since 2018). By end-2023, local holdings were estimated at ~15,000 BTC ($1.4 billion), but total seized holdings are higher due to rising crypto-related crimes (fraud, money laundering). Proceeds are converted to yuan via banks.
Current Holdings Estimates (as of late 2025)
Sources conflict due to opacity and past sales:
15000 $BTC remained of the $194000 seized.
- Discrepancies arise because the government never clarifies if seized assets are held or liquidated, and sales are often opaque.
The buyers, Centralized Exchanges, whales and Wall Street.
This is the seller. Now understand this is insanely bullish. When this is over which IMO it is the price will return to where it left.
This explains the sell pressure every morning. This explains the buying by Saylor and ETFs and the constant depreciation.
Now stop with the narratives.
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@DeFiTracer BlackRock Is selling for customers and never for their own balance sheet?
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@DegenerateNews @EvgenyGaevoy What he really wanted to say is: "we and our partner in crimes binance will continue to extract money from retail and we love doing it"
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NEW: WINTERMUTE CEO @EvgenyGaevoy SAYS "MY GENERAL VIEW IS (CENTRALIZED) EXCHANGES ARE BEST POSITIONED TO DRIVE TRANSPARENCY ON TOKEN LISTINGS AND RELATED MM OPERATIONS (LOAN TERMS, QUOTING PERFORMANCE, GENERAL DISCLOSURES)"

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@wintermute_t They act like they have nothing to do with 2025/10/10 scams..m
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@DegenerateNews @wintermute_t Wasn't Wintermute part of the scam from friday 10th?
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NEW: @wintermute_t REPORT STATES "THE DUST FROM THE OCTOBER WASHOUT HAS MOSTLY SETTLED, POSITIONING HAS RESET, AND WHILE CRYPTO CONTINUES TO LAG BROADER RISK ASSETS, THE TONE FEELS LESS FRAGILE" - "... SENTIMENT MAY BE IMPROVING, BUT FLOWS HAVEN'T YET FOLLOWED THROUGH"

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@KookCapitalLLC @notthreadguy But what if you're tweeting everything from a McDonald's drive through in Bulgaria?
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@notthreadguy this is lower than a mcdonalds wage in bulgaria
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@BazarovXBT I appreciate your objective analyses. What are the 3 most important things a trader needs to learn/understand? Because as a newbie, sometimes it's hard to focus and not ti get lost when faced with too many new indicators and numbers.
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@9xNex @cz_binance He's a criminal and he robbed a lot of people. Stop pretending like he's a hero.
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ALERT: CHEN ZHI, BILLIONAIRE SANCTIONED BY US & LEADER OF PRINCE GROUP MOVING FUNDS
Chen Zhi - billionaire international criminal, leader of multi-billion dollar Prince Group, and global fraudster sanctioned by the US Government has just moved $1.72 Billion of $BTC.
This may just be a wallet rotation from his sanctioned addresses to new addresses.




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@__bleeker We need to add +12k to liquidate him. His liq dropped to 123k.
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earlier today i educated the world about the upcoming gold-making machines
this triggered the blow-off top for gold
gold is going back to $2000
bitcoin is going to $200k
you're welcome

kook 🏝️@KookCapitalLLC
diamond price is crashing to zero bc you can buy diamond-making machines on alibaba for $100k how long until you can buy gold-making machines???? fyi you can never make new bitcoin there will only ever be 21 million btc
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@DegenerateNews If that’s truly the case, it’s a strong statement from Binance.
Transparency in listings is one of the biggest trust signals in this space, if every token allocation really goes back to the users, that’s how you rebuild confidence after years of skepticism.
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@cz_binance Just use $hype and withdraw all your funds from #crimance
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Unpopular opinion post:
On Listing "Fees" (saw this a few times recently)
1. If you are a project complaining about listing airdrops or "fees" (to users),
Don't pay it.
If your project is strong, exchanges will race to list your coin.
If you have to beg an exchange to list, then... You need to ask yourself why, and who is providing value to whom.
2. If you complain about a competitor exchange's listing fees, then by all means, make your own listing fees 0, and be happy.
In fact, why not set all your fees to 0? including trading fees?
In a decentralized world, businesses are free to have their own business models. No one is forcing you to adopt a certain model.
Focus on treating your users well. Don't focus on your competitors.
3. If you are a bag holder of a coin, complain to the project. Not the exchange. Or use a DEX.
4. PancakeSwap doesn't have listing fees, and has very good volumes.
Further on this topic, exchanges adopt different listing models.
1. List everything on every blockchain. Most tokens are scams. Of the real "hard working" projects, most fail. Only a few projects will succeed.
2. Selectively list and make listing fee a revenue source. It's fine business model if you can attractive enough projects to list. Many small exchanges use this model, as they don't have enough trading fee revenue.
3. Selectively list. Ask for Airdrops to users. Security deposits, to make scams and failed projects more expensive to pull off. Protect users.
These models are not black and white, and many exchanges adopt a combination of them between spot listing, futures listing, alpha listing, web3 wallet buys, etc.
Work on your project, not other people. 🙏
Yazan 🇵🇸@YazanXBT
Why don’t you list #BNB then? Stop with the hypocrisy and double standards. Unless BNB (the third largest cryptocurrency by market cap) gets listed on Coinbase, your opinion of how another exchange should list cryptocurrencies is meaningless. Lead by example.
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