BAMInvesting

i take risks

[Rajat Soni, CFA @Rajatsoni]

There are a lot of people out there thinking about selling their Bitcoin when its down 40%+, to buy the S&P 500 when its at an all time high

They are not very smart

[Pierre Rochard @BitcoinPierre]

Bitcoin continues to be the most undervalued asset in human history. Nothing has changed.

[Michael Saylor @saylor]

Happy Bitcoin Pizza Day! 🍕

[BAMInvesting @fo_sniper]

@kit_sats 99.9998%

[Adam Livingston @AdamBLiv]

Why would you sell Bitcoin for $75k when it’s going to $1,000,000 are you stupid lmao

[BAMInvesting @fo_sniper]

@LayahHeilpern U R A BEAR .

[Specter @SpecterAnalyst]

Price manipulation now happens almost every week, with $LAB by @LABtrade_ becoming the latest pump-and-dump token while Bitget continues playing the usual CEX role.

The LAB team, @vsadkovv, appears to control a significant portion of the supply. Wallets linked to the team still hold large allocations:

0x7Cfd8d2d8626B287bEA569b5e65AB5CBb75E9265
0x78a79D0fa0Eaf58741f5Bde7E05b5CC8F33D24d3
0x36FC85Ec486C254c9564d66de8c4210a1A20C291
0xf79ff8a5052E969a6d13E18c4E439fE5202B02Fa
0xB4b74D63F30076870d54aB9E8E6a7D18293273c3
0xe03722dedBf090Ad7A1C8F82ceB86637053E21dd

On April 8, a wallet linked to the team (0xe037) deposited 40M LAB worth $13.6M to Bitget:
0x77156a0a621d2Ac7A075C0AC3172707C2e4aa191

The LAB price started pumping on May 1, but a week earlier wallets linked to the team deposited 96M LAB worth around $63M to Bitget:
0xDd77BFbDc11Cd37fD255AE35A4ac39Df1F9d570a
0x6593aa6c31C88397c37f71259625EC92Fe4EE0bF

This looks coordinated. Gas fees (0.14 BNB) were distributed a week earlier

0x50f2760fd5E6d546EE7dcEB617F33497A3C38593
0x0559694BbB47dbA8Bc3B7ac93004EF401F2da16d

The wallet below has also been aggressively buying $LAB on-chain and depositing to Gate and Bitget, including tokens like $SkyAI, which surged 1000% in the last 30 days:

0x11fc12b988933966688d33B70651B5f2f450963C

It has been weeks since @GracyBitget promised an investigation, yet there has been no public update. If platforms cannot conduct internal investigations, identify coordinated manipulation, or provide transparency on who is behind these activities, confidence in market integrity keeps declining.

ZachXBT still has a reward open for credible intel that lead to identifying the actors behind this operation.

Stay smart.

[BAMInvesting @fo_sniper]

@Justin_Bons @JardineCash I remember how centralized exchanges freeze up whenever major volatility arrives. Self custody is the only logical way to hodl bitcoin

[Bariksis @bariksis]

Not a single meaningful post from Benjamin 'Always Right' Cowen as of late. Remember how insufferably loud he was from Nov-Feb? I guess the motivation to post is difficult when you're eventually proven wrong. It's going to be an awkward 6-18 months for a lot of bears on this app.

[BAMInvesting @fo_sniper]

@PeterSchiff you have been absolutely wrong about #bitcoin so far.. cheers

[Michael Saylor @saylor]

Strategy has generated 6.2% BTC Yield and ₿47,079 of BTC Gain in the first three weeks of April, worth approximately $3.6 billion. BTC Gain is the closest analog to Net Income on the Bitcoin Standard. $MSTR

[BAMInvesting @fo_sniper]

@shahh Tip of the iceberg

[BAMInvesting @fo_sniper]

@LayahHeilpern I hated her but she’s been right & at some point you have to give her some credit. She was far more accurate than most including myself lately

[BAMInvesting @fo_sniper]

@CrustNetwork Dead

[BAMInvesting @fo_sniper]

@benjamincowen @thetrutherpill Yeah no I wouldn’t buy them either

[ZachXBT @zachxbt]

1/ Recently an unnamed source shared data exfiltrated from an internal North Korean payment server containing 390 accounts, chat logs, crypto transactions.

I spent long hours going through all of it, none of which has ever been publicly released.

It revealed an intricate ~$1M/month scheme of fraudulent identities, forged legal documents, and crypto-to-fiat conversion.

Enjoy the findings!

[Michael Saylor @saylor]

@PeterSchiff Timeframes matter. Since Aug 2020, Bitcoin is the top-performing major asset and it’s not even close. Zoom out further and the gap only widens. $BTC

[BAMInvesting @fo_sniper]

@LayahHeilpern I fucking hate that you are right

[BAMInvesting @fo_sniper]

@makelifesimplr @cryptomanran You'll be waiting over a year if ever for alts we got a while

[ZachXBT @zachxbt]

@circle @FastCompany How come Circle froze the USDC balance of 16 unrelated hot wallets late yesterday for a civil case?

A basic review of onchain activity makes it obvious they are operational wallets.

You fail to protect users during actual incidents yet respond to a request riddled with errors…