This early ETH whale that deposited $500M into the Stable Pre Deposit Campaign just borrowed another $500M and put it into the Stable Initial Liquidity Vault
They supplied 278K $ETH ($1B) as collateral
Not clear what the reward will be for this as the APY is pending allocation

Stable (backed by bitfinex/tether) just completed Phase 1 of the Pre-Deposit Campaign and hit the $825M cap.
$500M came from BTSE funded wallets.
And 1 person filled over 60% of the campaign.
The 700k $ETH Whale sent $500M to BTSE this morning.

Emmett Gallic

Twitter

Author: Heart of Computing Power

Recently, MicroStrategy (Strategy) released its Q4 2025 financial report, which once again shocked Wall Street.

If you only look at the figures, they are simply staggering: a net loss of $12.4 billion in a single quarter, equivalent to a loss of $42.93 per share.

In the same period last year, their net loss was only $670.8 million, meaning the loss has increased more than 18 times year-on-year.

But behind this alarming facade lies founder Michael Saylor's "Bitcoin Treasury Strategy."

However,...

The gamble behind the massive loss of 12.4 billion: Is Strategy turning itself into a "risk amplifier" for Bitcoin?

Editor's Note: Amidst heightened macroeconomic uncertainty and persistently low sentiment in the crypto market, an intriguing divergence is emerging: investor sentiment remains in the "extreme fear" range, yet some asset prices are beginning a slow upward trend.

Recently, the decentralized derivatives trading platform Hyperliquid (HYPE) has become a focal point of community discussion. BitMEX co-founder Arthur Hayes publicly gave a target price of $150 (approximately 5 times the current price), attracting market attention. As of March 12, 2026...

What is the likelihood of HYPE increasing fivefold?

This article is from Kyle Samani.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
Editor's Note: Kyle Samani, the man most adept at shill Solana and the former co-founder of Multicoin Capital who recently made a high-profile exit from the industry, is back!
Last night, Kyle Samani posted a long Thread article on his personal X account. In the article, Kyle Samani once again...