Belavinn

#arbitrage #crypto #retrodrops and speculation, what else do you need?

I write about what I do, that's all.

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[Belavinn @belavinn]

I joined @Plasma One waitlist. Looking for an access code if anyone has one.

[Belavinn @belavinn]

@RipBullWinkle Linea?

[Belavinn @belavinn]

I've noticed that when the price of the $Linea token goes up, the $S (#Sonic) token goes up with it. Does anyone know who their market maker is?

I find it funny how people get excited about a 12% increase from the low—we didn't even manage to hold onto that price 🤣

[OKX @okx]

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[Belavinn @belavinn]

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[Polyhedra @PolyhedraZK]

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[Belavinn @belavinn]

Sell #Linea ? 0.004 🤣

[Belavinn @belavinn]

@BabyMakersgames @LeChiffre Ну и что это за лошара?

[COCO 🧭 @Coco_Airdrop]

🤡 The Harsh Reality Of MetaMask Season 1 Rewards...👇

When the MetaMask Season 1 reward program started, $LINEA was trading around $0.015.
That same $30M worth of tokens has now shrunk to less than $7M in value.

Why?
Because $LINEA is now at ~$0.00325 - down nearly 80%.

Yes, the overall market is down.
Yes, most coins are bleeding.

But LINEA is dumping far more than the market.

The main reason is obvious: 👉 Continuous selling from the team and team-linked wallets.

What makes it worse?
• Tokens will be distributed after ~10 days
• No one knows where the price will be by then
• The entire community is already sitting at a loss

Most users have recovered only 35–40% of their gas fees at best.

At the very least, gas fees should have been refunded.

People didn’t overexpect profits -
they just wanted fairness.

Like 🧡
Retweet 🔁

[Egich. @Egichzz]

Dear @DeclanFox14, @ethereumJoseph, and the @Consensys, @LineaBuild team

What you write sounds impressive, truly
Native rollups, zkEVM, alignment with Ethereum, all of that reads well on paper

But in reality all we see so far are words
Partnerships with SWIFT and others start to feel less like progress and more like narratives used to justify dumping your own tokens into the order book

After TGE came constant selling, wallet movements, silence, missed timelines, and zero direct explanations
No clarity, no accountability, no engagement, just price bleeding and tweets about vision

We want to see actions, not headlines

Before TGE, Linea felt alive
Memecoins, NFTs, builders, experiments, real community energy
That spirit disappeared the moment TGE began

I honestly loved this project
But maybe that love only existed before TGE

It would really matter to hear something from the team
Any honest explanation of what is actually happening right now

[Belavinn @belavinn]

@DeclanFox14 Fuck you @linea @declanfox14

[Belavinn @belavinn]

@DeclanFox14 Stop sell $linea

[Belavinn @belavinn]

@gokuxson It was the worst decision I ever made in my life #linea #consensys

[Belavinn @belavinn]

@gokuxson It was the worst decision I ever made in my life #linea #consensys

[Son Goku @gokuxson]

I'm done making any more posts about $Linea. After everything I've seen and experienced over a long time, I'm fully convinced: the #linea team doesn't care about people. They're not good hearted, trustworthy, or respectful toward their community I have zero doubt left about that.

Through constant and systematic selling especially during low-liquidity periods they've dragged the Linea token price to the bottom, hurting thousands of people's bags, savings, and even mental health. This isn't just "market conditions" or some innocent situation; it's a deliberate, repeating pattern of destruction. We've seen millions of dollars worth of tokens transferred from team-controlled wallets multiple times, and every single time it was followed by massive red candles. Not coincidence clear pattern.

From now on, even if Linea token 1000x's or goes to the moon… it won't change a thing in my eyes. Because even if it pumps, the path to that pump wasn't fair, transparent, or ethical. A VC firm or a speculative whale could do this that's what you'd expect from them. But the project's own team dumping their own token to the bottom with their own hands… that's genuinely disgusting, straight-up betrayal level evil.

They just carry on with their lives like nothing happened. Silence after every major dump, zero real communication with the community, no answers to questions, zero transparency… This is process management on an unbelievably bad level. People trusted MetaMask and ConsenSys for years; they believed in Linea, bought dips, HODLed, contributed to the ecosystem. The result? Trust systematically slaughtered.

I still don't know whether to sell my bag or not. One side says "maybe it comes back," the other says "it's probably going to zero anyway." Most likely I'll just accept the risk and leave it there. Because I no longer want to be emotionally attached, hopeful, or defensive about this project.

Let me say it again clearly: Even if I somehow make insane profits from this bag, my opinion of the Linea team will never change. I believe what they've done these destructive actions, the broken trust will have consequences somewhere. I hope they get what they deserve. Because destroying people's trust this easily and ruthlessly shouldn't come for free.

[Belavinn @belavinn]

#linea 😔

[Belavinn @belavinn]

#linea 😔

[Son Goku @gokuxson]

I really don’t get some people… They don’t know the first thing about me, yet they assume I’m just salty because I didn’t like the $Linea airdrop. Truth is, I made around $1,000–2,000 from the #linea airdrop and I didn’t sell any of it. I could have, but I’m not here judging who sold and who didn’t that’s not my business.

I’ve been in this space for years. I used Infura RPC all the time; for me, it was always the best, most reliable RPC on Ethereum. MetaMask had its UI issues, sure, but it was still the wallet I trusted the most. Bottom line: Consensys was the most solid, trustworthy player in the industry in my eyes. That is, until I met Linea…

When Linea had its first big drops, instead of panic-selling I trusted the team and bought more. Price kept falling, so I bought again. I knew about the transfers from team wallets to deposit addresses, the ecosystem fund movementsnI still believed in them.

Here’s the reality: In the early days with high volume, big sells don’t wreck the market. But when volume dries up and liquidity gets thin, those big sells create massive pressure. Past a certain point the pressure feeds itself and recovery becomes nearly impossible. I never imagined the Linea team would unleash this level of destructive selling pressure. So I kept buying the dips, hunting bottoms level by level, and ended up taking a serious financial hit.

That’s the only reason I’m criticizing now not because my wallet didn’t get filled from an airdrop. I genuinely believed in Consensys, in MetaMask, in Linea. Getting burned by the one place in DeFi I trusted the most felt like a complete shock. It’s hands down the biggest trust break I’ve seen in this space after all these years.

And like I always say:
There are things more important than money like earning people’s trust.
If your name and your brand are trustworthy, even when you’re in deep financial trouble, you’ll find a way out. People will back you because they believe in you. Building trust takes a long time and a lot of patience. But destroying the trust you’ve built? That’s shockingly easy… and once it’s gone, rebuilding it is almost impossible.

Every time there’s a drop I check LineaScan and look at the transactions. More often than not, I see big movements from the ecosystem fund to deposit addresses. A lot of these dumps feel like deliberate, intentional selling pressure created by insiders or certain groups. And sadly, actions like these mean Consensys will never again be the “safe harbor” it used to be in my eyes.

Hope I managed to explain my feelings, the broken trust, and why this hurts so much. My criticism isn’t coming from hate or grudge it’s from deep disappointment and the pain of seeing years of built-up faith crumble in an instant.

[Son Goku @gokuxson]

This is exactly what I'm talking about:

In just 2 days, $4 million worth of $Linea tokens were sent to Binance deposit addresses, followed by massive red candles.

When the ones doing this are the people you trusted the most, the disappointment reaches a whole new level.

They keep doing this non-stop. The entire chart is their creation. Everything else is just a lie they hide behind.

They can say these were stake rewards or that market conditions caused the drop, but they are personally destroying the chart with the Ecosystem fund.

[Son Goku @gokuxson]

.@declanfox14 and the $Linea team,
You can block me. You can block the entire community if you want. Go ahead and try to silence every critical voice. But none of that will change the facts.

75% of the #LINEA token supply was allocated to the Ecosystem Fund, explicitly meant to grow and expand the ecosystem. That means you effectively control almost the entire token. That comes with huge responsibility.

Yet months later, we still have no idea how this fund is being used or for what. Forget growing the ecosystem the LINEA token price is crashing along with everything else. Do you really think staying silent and blocking people will fix any of this?

In the world of finance, nothing is more hated than backroom deals, lack of transparency, and decisions made without informing the community. The longer you stay quiet and pretend nothing’s wrong, the more you fuel rumors. It creates worse narratives than reality, spreads fear, and snowballs with every day of silence.

You can keep saying “the market is bad, everything’s down” to fool yourselves and the community. But dropping to a $100M market cap that’s not acceptable under any circumstances for a project like Linea. Some random person could launch a meme token on pump fun and hit that valuation in a few days. Is that really the level you’re okay with for Linea?

Maybe things have spiraled out of your control. Maybe stuff happened behind the scenes that even you didn’t see coming. Maybe the ecosystem fund got mismanaged or misused. But here’s the thing: staying opaque only makes everything worse way worse.

Real leaders step up when times are tough. Either you don’t actually care about the community, or you’re just not good at this leadership thing. No matter how bad it looks right now, I believe there’s still a part of you deep down that hasn’t been fully shut off. The part that keeps nagging at you, no matter how hard you try to ignore it.

Ask me? There are things way more important than money in this world. Having people respect you. Having your name actually mean something trust, credibility. Isn’t that worth more?Isn’t it time to finally come clean and explain? People’s reputations matter. How much longer are you going to let this slide and keep damaging yours?
If you can’t even respond to a long, honest post like this…

@ethereumJoseph maybe you’ve got something to say?

The community is still waiting.

[Belavinn @belavinn]

@ethereumJoseph