A. Qosbli
3.9K posts

A. Qosbli
@qosbli
All my posts & comments are NFA. Just info and vibes. I’m not liable for any losses ❌
Katılım Eylül 2012
853 Takip Edilen361 Takipçiler

@JTheretohelp1 Very well said, sir. Stoicism helps us through difficult times.
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A. Qosbli retweetledi

Curve's founder pulled $100 MILLION out of his own token to buy two Australian mansions and left holders with a token that dumped 98%
In 2023 Curve Finance founder Michael Egorov took out $100 million in stablecoin loans across Aave, Frax, Inverse, Abracadabra and other protocols
His collateral was 427 million CRV, which was 47% of the circulating supply of his own token
Lookonchain traced $31 million in stablecoins flowing from Egorov to Bitfinex in April 2023
One month later his wife bought a $41 million mansion in Melbourne, right next door to the $18 million home they had purchased the year before
That's $59 million in Australian real estate funded by loans against the token his own community was holding
In July 2023 Curve was hacked for $70 million through a Vyper bug, CRV crashed and his positions almost got liquidated
A liquidation would have created tens of millions in bad debt across Aave, Frax and other protocols and triggered a DeFi wide catastrophe
To avoid this Egorov sold 106 million CRV in OTC deals at $0.40 per token, well below the market price, to a roster that included Justin Sun, convicted felon Michael Patryn, Jeffrey Huang, DWF Labs and several anonymous wallets
He raised $42 million in stablecoins from these deals while community holders watched CRV dump
In April 2024 he had to do it again, selling another 159 million CRV in OTC to 33 different buyers for $63 million
In June 2024 CRV crashed 24% in 3 hours and he got fully liquidated for $140 million across 5 protocols
The liquidation created $10 million of bad debt that the community had to absorb
Ethereum developer Eric Conner did the math: "He got 100 million in stables out of a 140 million CRV position. He just transferred the rektage to the community instead"
Egorov's response was that he was "committed to building Curve more than ever" thanks to veTokenomics, meaning he locked his remaining CRV to keep control of governance
CRV is down 98% from its all time high and Egorov still owns the two mansions and the protocol
When the founder of your protocol uses your bag as collateral for his mansion, you're not an investor
You're his ATM



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A. Qosbli retweetledi

Pro tip:
In bear markets, short covering rallies tend to remove mechanical buyers that would have bought on market declines.
In other words, short covering mechanically opens the door to lower prices.
Shorts get added into the decline. But declines in bear markets aren't initiated by shorts.
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A. Qosbli retweetledi

I'm seeing crypto folk falling into the trough of dispair after an abysmal bull market with mainly losers and BTC outperforming their "beta".
Let me tell you a story that tells you why you got screwed. It starts with the end of FTX.
When the bankruptcy folk came in to liquidate FTX assets their mandate was to sell everything. This included vast quantities of locked SOL.
They inadvertently invented something new, selling an asset that was locked up on-chain through the magic of a legal sale agreement (pay me now, I deliver later).
The deal got passed around the ecosystem, fund managers bought up the locked SOL at more than 60% discount to compensate for being locked up and exposed to the token price.
Many hedge funds bought the deal. They knew they could hedge the token price on futures markets by shorting SOL pocketing 70-80% yield at near zero risk (staking + basis yield + token discount).
They liked it and asked where can we get more of this?
Herein lies your PROBLEM as a crypto investor in 2023-2025.
Every crypto project has backers (and a foundation) who has great wads locked tokens that have been sold to hedge funds and dumped on you immediately through futures markets.
All your alpha went to market neutral hedge funds pocketing risk free yield.
THAT IS WHY CRYPTO IN 2023-2025 UNDER PERFORMED
You got dumped on prematurely.
On the bright side many of these projects, even though they have "locked up tokens ready to dump" on paper, in reality they have been sold already, so they will logically perform without the expected sell pressure in the next bull market given they have effectively been sold.
Not that I recommend buying crypto, you need to be an insider to get an edge, it works like a casino, the house will take your money. The house in 2023-2025 were the people who understood this trade. Just buy BTC and get on with your life.
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A. Qosbli retweetledi

Looking at crypto SOL, BTC, and ETH, the setup is concerning. When momentum becomes deeply negative, you typically expect a sharp rebound. Instead, prices are simply flatlining.
That’s usually a bad sign.
Rather than converting the momentum improvement into sustained upside, the market is letting time rather than price do the work. This type of time‑correction after severe downside momentum often signals underlying weakness.
Overall, the action is very negative in my opinion.



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A. Qosbli retweetledi

I deleted my tree shake posts. Probably not worth getting mad. Just frustrated w/the events on the world stage.
If people are on this platform advocating for you to “buy the dip”, please don’t listen. You’ll get rekt!
S&P has a 3-week MACD 🐻 cross.
tradingview.com/x/KhrOV4Cp/
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@zerohedge Nonsense. Russia does not have the resources to get involved in a conflict with the US, because all its forces are in Ukraine. Besides, the Russian elite does not need this for personal reasons.
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Cuban Missile Crisis 2.0? ...May Involve Russian Drones With Crosshairs On US Homeland zerohedge.com/military/cuban…
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@lookonchain Inspirational story for traders with limited starting capital.
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What can you do with $85?
Trader 0xf380 turned just $85 into $146.6K — a 1,720× return.
He spent 0.1 $BNB($85) to buy 6.25M $我踏马来了, then sold 1.53M $我踏马来了 for 34.88 $BNB($31.5K).
He's still holding 4.72M $我踏马来了($115K).
Total profit: $146.6K(1,720×).
Wallet: 0xf3801f41366505e8207a0c692f6b6d003d005270


中文

@JTheretohelp1 Why do you consider the period starting in 2008, not before?
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A. Qosbli retweetledi

@QuintenFrancois Your heat beats 70 bpm give or take. If you sleep, it drops slightly, suddenly all of social media says a resting heart beat no longer exists because they timed it exactly and that’s hard data.
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@TonySeverinoCMT Do you think this pattern will continue even if the Fed starts QE?
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A. Qosbli retweetledi

Built this because I was tired of doomscrolling Twitter for alpha. Track your favorite analysts' consensus in one place. Daily market summaries in 17 languages.
unbias.fyi
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A. Qosbli retweetledi

🎃 Halloween Market Check [UPDATE]
In November, we outlined several indicators that pointed to the risk of a deeper and more prolonged bear market phase.
With much of that weakness now playing out, it’s timely to revisit those signals and reassess the broader market structure.
🧵/
GIF
cryptovizart@CryptoVizArt
🎃 Halloween Market Check To play devil’s advocate against the widespread denial typical of early bear markets, we’ll explore a few key metrics that hint this correction could prove longer and deeper than many expect. 🧵 Let’s dive in.
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@simonvieira The app now runs really smoothly when compared to the first versions
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The more I keep track of what is happening around @ton_blockchain, the less trust I have in them, unfortunately.
Palmer Luckey@PalmerLuckey
@AlphaTONCapital @anduriltech No, you are not. Why are you committing fraud like this, @OwnYourDataNow? (I am the founder of Anduril Industries)
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