WALL STREET WOLF

Crypto Trader since 2013 Investor & Trader .. Anything I share can go to 0 so always DYOR / NFA.

[WALL STREET WOLF @RealWallSt_Wolf]

Strategy lost $8.2B in Q2.
Board authorized selling up to $5B of bitcoin.
Authorized, not discussed.
843,775 BTC, average cost $75,476 each.
BTC is low 60s now, the stack is about $9B underwater.
$5B at today price is around 79,000 coins.
9.4% of everything they hold.
The money is not for buying dip.
$1.25B goes to dollar reserve, $1.76B a year to preferred dividends and interest, up to $2B to buy back their own stock.
So the coins pay the dividends and the buyback.
They also grew the stack 11% during Q2, peaked around 846,000.
Bought the whole quarter, authorized the sale as soon as it closed 🙄

[Michael Saylor @saylor]

Bitcoin is inside the gates of Wall Street.

[WALL STREET WOLF @RealWallSt_Wolf]

Cold joke of the day.
SK Hynix market cap: $645B. CXMT: $515B.
One more red day for Hynix, one more green day for CXMT, and Hynix is the cheaper one.
ps: Hynix does 7x the revenue.
So per dollar of revenue, the market pays 5.6x more for CXMT 🙄

[WALL STREET WOLF @RealWallSt_Wolf]

Binance is not hiding this one.
Stock meme section goes live with $MarsCoin.
Then Alpha reopens meme listing after months, first pick is MarsCoin again.
Then stock meme section adds $Jacket, riding Nvidia. Looks like three things.
The section is the shelf, Alpha is the door, MarsCoin and the jacket are the first goods on it. All on BSC.
All through Flap. Don't read it as a few listings.
A new issuance pipeline is running now. Watch three things: BSC, Flap, stock memes.

[WALL STREET WOLF @RealWallSt_Wolf]

BNB is definitely the most resilient among all the platform tokens. I don't say this lightly. When evaluating a platform token, we shouldn't look at what the team says, but rather what they actually do.

Take OKB, for example. OKX is incredibly good at marketing and packaging itself, but OKB has absolutely no real utility or empowerment. I've always felt that OKX spends all its capital on packaging rather than actually backing its platform token. Then there's Bitget's BGB, which was spun off and distanced early on.

So, when you look at it, who is actually running a real blockchain company?

OKX claims to be compliant, but their compliance comes at the direct expense of their actual users' interests. What's worse is that they package this narrative and use KOLs to brainwash the public, making users believe that this compliance is somehow good for them. In reality, it's a complete paradox.

In contrast, I think Binance has found a great balance. They maintain compliance while keeping tight control of BNB, and they have never dumped their holdings. You have to respect that. If they hadn't held on so resiliently, I don't think BNB would have this many loyal followers.

To be honest, a lot of people attack Binance, but they are the ones actually building and contributing to this industry, all while enduring the most misunderstanding.

@cz_binance @heyibinance @_RichardTeng @binance

[CZ 🔶 BNB @cz_binance]

很多平台复制了发币，但没复制去建一个真正以币为中心的生态圈。

复制发币容易，长期建生态圈难！

[WALL STREET WOLF @RealWallSt_Wolf]

Someone asked what happened to $BNB today, why the pump.

1️⃣ Alpha window is open again and $Marscoin is live. Not another spit meme — the pair is MarsCoin / SPCXB, not the usual BNB or stablecoin pair. That design alone is something new.

2️⃣ CZ said he will be buying and selling to test some new stuff in the coming weeks. BSC has been quiet for too long, it's waking up.

3️⃣ US stocks dumped and now everyone is talking about coming back to the crypto family. The trench guys all went to Arc and nobody is posting anything anymore. Liquidity and attention have a reason to rotate home. 1+2 is the restart signal. 3 is the catalyst. Whatever the "new thing" ends up being, it's good for $BNB. CZ has been saying DCA for a while. $BNB went sideways and just would not break down. Now it moves up. Makes sense to me.

[CZ 🔶 BNB @cz_binance]

Thanks for digging this up👇. Thought it was made clear.

I had no communication with the Giggle Team about the recent selling (of donated tokens), but @GiggleAcademy do have a rule-of-thumb to convert/sell most donated tokens to BNB near the end of each month. I don’t manage the address personally.

If you send or donate token to someone’s address, without any prior agreement or contract in place, don’t expect the receiving party to act according to your wishes, such as a burn. That just creates more work for the receiving party, which they have not agreed to do.

If you wish someone to interact by sending them coins, then be ready for that interaction to be a sell.

If you called it a donation, then expect them to use it. You should be ashamed to then say you expected them to burn it. How is that a donation then?

If you donate to @GiggleAcademy, they will sell, and use the proceeds to fund free education for kids all around the world, reaching more than a million kids in less than 2 years.

I support all meme coins. I might even buy (or sell) one or two in the next few weeks to test a few new things. May the best memes win! 🙏

[WALL STREET WOLF @RealWallSt_Wolf]

Lookonchain data shows that in the 24 hours after BitMart announced it was winding down, only 58 wallets completed a withdrawal, for a combined total of about $805,000. For 8 straight hours, BitMart processed no withdrawal requests at all.

Over the same period, an open letter from large-balance users says 27 registered users cannot withdraw a combined 3,704,214 USDT. The largest single account reported is 700,000 USDT, with several others between 100,000 and 600,000 USDT. The letter says some users can only get out two or three withdrawals of around 100 USDT, and anything larger sits in processing indefinitely.

BitMart's July 26 notice says, word for word: withdrawal services will remain available.

58 wallets in a day. $805,000.

[WALL STREET WOLF @RealWallSt_Wolf]

$598.8M vs. $588.6M.

Seven weeks.

That’s all it took for bStocks to surpass xStocks in AUM.

Remember:

• xStocks launched earlier.

• xStocks is backed by an alliance of leading exchanges.

• bStocks is competing as a single platform.

Markets don’t vote with opinions.

They vote with capital.

And capital usually flows where users feel their assets are safest.

@heyibinance @cz_binance

[WALL STREET WOLF @RealWallSt_Wolf]

Korean retail traders are built different. They blow up their accounts and then hit the streets to protest about it 😂

July forced liquidations: ₩344.2B. 300,000+ accounts fully liquidated by brokers. Some of them didn't just go to zero — they went negative and now owe the broker money.

[WALL STREET WOLF @RealWallSt_Wolf]

Still don't get why so many people trade on Hyperliquid.

This morning $SKHX wicked down to 927 on Hyper.
Same minute, Binance and Bitget lows were both above 1060.

Same asset. Same minute. 133 points apart. Most longs got wiped.

On a CEX you can fight support, file a ticket, make noise until someone answers. On a DEX you go where? You argue with the contract? It doesn't read your DMs.

Decentralized doesn't mean retail friendly. It just also removes the person you complain to 🫡

[WALL STREET WOLF @RealWallSt_Wolf]

Every time an exchange dies, money runs to Binance. Not news. The real edge is not being #1. It's having TWO people at the top. 2020 — Star Xu taken in. OKEx froze withdrawals 5 weeks. OKB dumped 20%+ in a day. Nobody home. 2023 — CZ pleads guilty, steps down. Binance never stopped. Withdrawals never closed. He Yi held the Chinese community together.
@heyibinance @cz_binance

[WALL STREET WOLF @RealWallSt_Wolf]

Nobody blew up. That's the whole point .BitMEX, BitMart — no hack, no missing funds. They just stopped earning, stopped seeing a way back, and closed while they still could. Offshore + not tier 1 + this volume = the model doesn't pay anymore. My call: everything except tier 1 closes ser 🫡

[WALL STREET WOLF @RealWallSt_Wolf]

Two exchanges gone in one week. BitMEX on Sept 23, BitMart on Jan 31 👀 Mid-tier CEX model is just dead. No volume, compliance cost eating everything, users all moved to top exchanges or to DEX. This is not FUD, this is consolidation. More coming before year end. Check where your bags are sitting ser 🫡

[WALL STREET WOLF @RealWallSt_Wolf]

Two exchanges gone in one week. BitMEX on Sept 23, BitMart on Jan 31 👀 Mid-tier CEX model is just dead. No volume, compliance cost eating everything, users all moved to top exchanges or to DEX. This is not FUD, this is consolidation. More coming before year end. Check where your bags are sitting ser 🫡

[BitMart @BitMartExchange]

Important Notice

After a careful evaluation of the Company's operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations. We deeply regret having to make this decision.

Key dates:
• Jul 26, 2026, 01:30 UTC: New registrations, deposits, and new trading orders will begin to be suspended.
• Aug 26, 2026, 01:00 UTC: All trading services will be discontinued.
• Jan 31, 2027, 15:59 UTC: Platform operations will officially cease.

Withdrawal services will remain available. We strongly encourage all users to close positions, complete KYC (if needed), and withdraw assets as early as possible.

Please read the full announcement for important timelines and instructions:
🔗 https://t.co/oaBXNZXt76

Thank you for your trust and support over the years. ❤️

[WALL STREET WOLF @RealWallSt_Wolf]

Poolin just filed Chapter 11 in New Jersey 👀 In 2019 this pool had ~20% of all BTC hashrate. Founders all came out of Bitmain. But pool fees was not enough for them — they went into wallet, lending, yield, leveraged the whole thing up. Then 2022: China kicked out the miners, bear market came, and the wallet just stopped withdrawals. $163.7M of user balance turned into "IOU" tokens. 11,700 people. Still not paid, 4 years later. Now: $173M debt, and $52M of Texas mines to sell 🙄

[WALL STREET WOLF @RealWallSt_Wolf]

Board of Directors or board of allegations? 😉 A $505M guilty plea exchange + a governor who resigned over 11 harassment claims = their US expansion strategy. Make it make sense 🙄

[WALL STREET WOLF @RealWallSt_Wolf]

Jensen Huang just joined Twitter, and in just two short hours, his follower count has already surpassed 200,000. Things are definitely getting interesting!

[Jensen Huang @JensenHuang]

For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.

AI will transform every industry, power every company, and be built by every country.

Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.

The world needs both frontier closed models and frontier open models.

https://t.co/AUKzoQ5Ikb

[WALL STREET WOLF @RealWallSt_Wolf]

🚨BREAKING🚨 BitMEX shutting down, last day Sept 23.

The OG that invented perp back in 2016. Once the biggest derivatives exchange in crypto. Tried to sell last Feb, no deal… now just gg.

End of an era ser. Respect to Arthur Hayes 🫡

[WALL STREET WOLF @RealWallSt_Wolf]

🚨Crypto winter is real in Korea

Top 5 Korean exchanges daily volume down 88% in ONE year. Korbit now forced to sell assets just to keep the lights on 😳

You know why? No new narrative launching anymore. No fresh stories, no new plays, so no volume

The market don't die from bad news. It dies from boredom. When there is nothing new to ape, everyone just leave

We need a new narrative bro, badly