burgoon

Profile Pic by @1PriyaMistry Banner by @cyberia__

[Tom Petrini @RealTomPetrini]

Julian Champagnie thought his career was over when he got cut at 22

As a fellow New Yorker, incredibly special to ask this kid from Brooklyn what it means to play his first NBA Finals at Madison Square Garden

[Josh @joshuawolk]

i gave every train in new york an instrument

🎧 sound on

https://t.co/YvNkhAFNgL

[burgoon @burgoon]

@ThatEricAlper John & Mary by Jaco Pastorius

[Seba Cestaro @sebacestaro]

Mind in process 👇

[Pub @PubWanghaf]

Me reading through the group chat transcripts in the deposition

[Faded Alpha 🫡💨 @FadedAlpha_]

Imagine walking into this room in 2005 and telling them:

“In 20 years the guy currently filming Season 1 of The Apprentice will be the President who bombs Iran”

[burgoon @burgoon]

@geeta_minocha cover by @tropical_toxic

[Heelbery. @JohnHillbery]

Browns are about to give one lucky season ticket holder the head coach position

[burgoon @burgoon]

@JohnHillbery 🤣🤣

[burgoon @burgoon]

@0009ine @thefunnyguysNFT @raster_art same 😕

[Bad Fox Graphics @BadFoxGraphics]

Now you can’t unsee it.

[Dave @dave_krugman]

Fall on medium format film

[tchaggo @tchaggo]

🎺

[OSF @osf_rekt]

Here's my best attempt to explain what happened on $REKT today in simple terms (tldr - @IMFCrypto didn't "liquidate" anyone, it's just a decentralised platform that matches borrowers and lenders).

IMF is build on top of @MorphoLabs, where anyone can lend money directly. In simple terms, IMF created the ability for people to borrow USDS against their $REKT (and other memecoin) holdings.

IMF also had an "accelerate" function, which allowed you to deposit $REKT as collateral, borrow USDS against it, and then use that to buy more $REKT (essentially a form of leverage).

As with all levered positions, there are levels at which you can get liquidated on and once those levels started hitting today it triggered a liquidity cascade all the way down to approximately a 70% price decline.

You could see the $REKT collateral that was held in this Morpho contract: 0xBBBBBbbBBb9cC5e90e3b3Af64bdAF62C37EEFFCb, which at the beinning of the day owned almost 5% of the token supply. It is now down to 0.25% which means the leverage has almost entirely been wiped.

Both IMF and Morpho are decentralised - none of these guys "caused" any liquidations or acted in bad faith. Unfortunately as a result of price action a liquidity cascade was triggered.

Obviously feels like a kick in the face for me as I have been working so hard on $REKT through this bad price action, but if you are familiar with our story you will know that bouncing back from the dead is a challenge I relish - we have delivered A LOT this year and we still have A LOT more to come.

I'm sure there'll be a bit of gravedancing, and I welcome it, it excites me - the way I see it is we got clean positioning now and this day will be part of the lore - anyone who knows me will know I'm gonna be at this even harder to prove a point.

Cheers

[burgoon @burgoon]

@chooserich @BillAckman Just give him an Academy Award now 🏆

[𝐆𝐫𝐢𝐦𝐚𝐥𝐝𝐮𝐬 @ImperiumFirst]

> favorite song is YMCA
> half of his dance moves are stroking it
> actually moaned like this on stage

There were definitely signs

[Mark Price @Mark25Price]

RIP Coach Lenny ❤️… It was an absolute honor and privilege to play for and be mentored by a legend! He believed in me and gave me an opportunity when not many coaches would! I love you Coach and you will be missed 🙏🙏🙏

[burgoon @burgoon]

@ThatEricAlper using a cassette tape to listen to CDs in the car

[Ahmed/The Ears/IG: BigBizTheGod 🇸🇴 @big_business_]

Tyler The Creator performs Bombs Over Baghdad in tribute to OutKast at the 2025 Rock & Roll Hall Of Fame 🎥🎥

[Frank Conniff @FrankConniff]

Pulitzer Prize photo right here.