Eugin 🟢

ex-Principal @DeFianceCapital | Web 3.0 | Crypto/Macro views | VC bro turned crypto comedian | PM open | tweets are *personal opinion*

[Eugin 🟢 @thegreenbutton_]

Crypto bros of class 2024 don't know that:

@yearnfi is the first crypto AI agent

@AndreCronjeTech is mr defi 0

And _ has low mindshare now

[Kaito AI 🌊 @KaitoAI]

New ATH for AI mindshare.

Congrats to those who celebrate.

[Eugin 🟢 @thegreenbutton_]

Yap early, yap only, yap often.

@_kaitoai is connecting AI, attention and capital with Yaps.

Just claimed my social card and I'm accumulating Yap points in real-time.

Claim yours 👉 https://t.co/GA6ZZmARH7

[Eugin 🟢 @thegreenbutton_]

@0xavarek take care my brother

[Eugin 🟢 @thegreenbutton_]

@DistilledCrypto Take care my brother - appreciate your work as always.

[Eugin 🟢 @thegreenbutton_]

Anyway, couple of things you can do in volatile markets:
- rotate to the fastest horse
- rotate to tokens that "constantly" make holders money

To find them:
- we focus on ETH and BTC crosses, the good ones would have hit range bottom and rebounded from some support
- follow your intuition, if some tokens feel super cheap to you they prob are

housekeeping:
- if your perps account super red, might be good to close and open the position again to reset the red: retain winning mindset and easier to plan your liquidation points/ position size

april half time lets go

[Eugin 🟢 @thegreenbutton_]

Will think that $ARB will lead any rebound given that sellers would have sold.

[Lookonchain @lookonchain]

After the massive unlocking of $ARB, 11 whales deposited a total of 34M $ARB($58M) into the exchanges.
https://t.co/Lcr5S3wE3t

[Eugin 🟢 @thegreenbutton_]

IMO, $BOME peaked. MMs and CEXs too anxious to squeeze out every cent out of retail meme hystericals.

Token listed waay too fast too early. Insiders cash out in huge profits. Tokens no time to form a community. And, poor rr for new entrants.

Gd meme though, even better next wk

[Eugin 🟢 @thegreenbutton_]

@arthur0x @YeouJie @Chromia @0xWangarian So happy for everyone :)

[Eugin 🟢 @thegreenbutton_]

4) Downside risks:

!) downside risk is VCs buying up the supply because they are underallocated to JUP/SOL eco at large
!2) FED meeting surprises today

- we can monitor through the claims wallet, and memecoin volumes

[Eugin 🟢 @thegreenbutton_]

Quick math: How would i play the $JUP airdrop:

TLDR: Long $wif and $wen ( meme coins)

- at 40c and 1bn airdrop, thats a 400m stimulus onto the SOL eco
-$JUP token priced correctly at 40c, fair value IMO at ~50c. Which will give same comp val as UNI/ETH
- at 50c they raise ~50m

[Eugin 🟢 @thegreenbutton_]

iii) (LIKELY) sell to memecoins: at 200m liquidity thats 5-6x of $WIF or $WEN token daily trading vols.
- choosing these 2 due to liquidity and brand

[Eugin 🟢 @thegreenbutton_]

3) h/t @CoinSharesCo research:
https://t.co/DajfTnudsO

[CoinShares @CoinSharesCo]

🟢 ETF approval week inflows: US$1.18 billion.
The record set at the launch of the futures-based #Bitcoin ETFs is not broken, but inflows are significant.

↔️ ETP trading volumes, on the other hand, broke a record, trading US$17.5 billion.

— Main beneficiaries —
$BTC: US$1.16 billion inflows (3% of AuM)
$ETH: US$26 million inflows
Short Bitcoin: US$4 million inflows
$XRP: US$2.2 million inflows

— Geographic distribution —
🇺🇸 USA: US$1.26 billion inflows
🇨🇭 Switzerland: US$21.4 million inflows
🇸🇪 Sweden: US$16 million outflows
🇩🇪 Germany: US$27 million outflows
🇨🇦 Canada: US$44 million outflows

🔎 We suspect the outflows seen in Europe & Canada were basis traders looking to switch from Europe to the US.

📄 Read our full report and analysis here: https://t.co/9TqWHhPBIQ

[Eugin 🟢 @thegreenbutton_]

Short post ETF opening flows thoughts: CS research record ATH inflows of 1.2bn last week. However, any bullish price attempt were dampened by relentless Greyscale spot selling.

4000BTCs were moved to coinbase and we just saw another round of txs.

We might see another leg down:

[Eugin 🟢 @thegreenbutton_]

2) @ArkhamIntel intell: did a good job compiling greyscale wallets. I use this to track outflows.

https://t.co/lkaexAKsHq

[Eugin 🟢 @thegreenbutton_]

@vaneck_us Why is Bitcoin yellow?

[Eugin 🟢 @thegreenbutton_]

@arthur0x 🔥🔥🔥

[Eugin 🟢 @thegreenbutton_]

Congrats @YeouJie and excited about your new journey @Chromia

[The Block @TheBlockCo]

EXCLUSIVE: DeFiance Capital exec departs to join blockchain project Chromia https://t.co/VUDndHXIc6