๐งต Excited to announce that Everything just closed our $6.9M seed round!
We're building an "everything exchange"โunifying perpetual futures, spot markets, prediction markets, and payments into one seamless platform.
Led by @Humanityprot with participation from @AnimocaBrands, @Hex_Trust, @wallstreetbets founder, Three Point Capital and more.
Let's break it down ๐งต๐
๐ค ๐ค ๐ค ๐ค ๐ค ๐ค ๐ค ๐ค ๐ค ๐ค A dormant address containing 10,000 #BTC (1,092,973,486 USD) has just been activated after 14.3 years (worth 7,793 USD in 2011)!
https://t.co/hzeryv3B5t
Took me such a long time to get USDC on the arb network
Guess it was worth it after all.
Morale of the story: donโt be lazy when it comes to buying coins
#Hyperliquid
Ethereum entering scarcity mode ๐
Some of the reasons behind this (other than the US elections):
- 42.6% of the ETH supply is locked in contracts, reducing available supply in the market.
- Michigan Pension joins the game and invested $11M in Ethereum ETFs, reducing the available supply in the market
- Exchange reserves are at record LOW, which reduces the available supply in the market.
- Ethereum ETF inflows over 20k ETH per day, reducing the available supply in the market.
When supply is low, and demand is high, only one thing can happen: a big smile on the face of the investors.