a bad long loses money as everyone gets poor anyway
but a bad short makes u poor while everyone else gets rich
a lot of bottom shorters silently going thru this today, deserved, fuck bears
The bmnr story is different than the mstr one
They’re buying the most eth they have this year
And they haven’t issued a strc like product (although they filed for it)
There’s billions in strc, if they can capture the same and buy eth it would be huge
Also unlike mstr, their staked eth earns yield which can be used to pay the dividend without “selling” (optically ofc)
The best bitcoin is ethereum
"The EF has only ~0.16% of all ETH (less than many other individual ETH holders), whereas among other blockchains it's common for "the central foundation" to have 10-50%."
— vitalik, after selling 11,703,994 eth
proud to introduce @papertrade_xyz - a fair-launched, fully-onchain perpetuals exchange built on hyperliquid by @izebel_eth & @blurr
-1000x leverage
-0 slippage
-No funding costs
-Self-bootstrapping LP
coming soon. learn more at: https://t.co/vOfrclySxp