AB Kuai.Dong

AB Kuai.Dong

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Partner Allinweb3 | @skylandvc 基金中文大使 | Crypto 2016 入圈 | Founder @MeStar_Game ,@zkGamesClub | Ex @BlockBeatsAsia ,@NewBlocOfficial ,@AllCoinEx , @sylo , 元宝网

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EdgeX, a derivatives platform we previously tracked, has received investment from Circle Fund, the parent company of USDC. Circle has also decided to issue its native stablecoin, USDC, on EdgeX's public blockchain, EDGE. Currently, only the native version of USDC is issued by the stablecoin issuer and provides institutional exchange and redemption channels. This is expected to be one of the last major official announcements before the token launch. Meanwhile, its popular competitors from last year have already completed their token launches. twitter.com/_FORAB/status/2021...

Oh my god! The guy next door who works in AI couldn't stand seeing these crypto jumping into AI. He criticized the project that the owner of Crypto.com recently started using the domain AI.com, arguing that it had absolutely no AI background. He criticized the project, saying it spent $70 million to buy the AI.com domain and another $10 million on Super Bowl ads with the slogan "Accelerating AGI is here." But in reality, this is just a wrapper around OpenClaw. Upon logging in, you're immediately asked to link your credit card, supposedly to grab a username. The website looks like a cheap page cobbled together using Vibe Coding, and it crashed immediately after launching with a 504 timeout error. In conclusion, he said that this seemed to be the peak and most magical moment of the AI bubble. twitter.com/_FORAB/status/2021...

So, the current situation is: Bitcoin ETF holders, with an average price of $90,000, are currently experiencing a paper loss of approximately 21%. Ethereum ETF holders, with an average price of $3,500, are currently experiencing a paper loss of approximately 40%. If you buy now, you will outperform most people. (Source: Bloomberg and Bianco Research)

The deleveraging effort is still underway, and yet another micro-strategy company has chosen to sell its cryptocurrency holdings. Empery Digital, a US-listed Bitcoin reserve company, recently faced a new low in its stock price. If the decline continues, it may face delisting. Therefore, last week the company sold 357.7 bitcoins for $67,900 to repurchase circulating shares and repay debt. It currently holds 3,723.7 bitcoins.

Bitcoin MicroStrategy is still buying Bitcoin from the market. Compared to 2932 BTC the previous week, they bought 1142 BTC last week, bringing their total Bitcoin holdings to 714,600. It's worth noting that all the funds raised in the past two weeks came from selling their own MSTR stock on the market; there were no preferred shares or other sources of funding. Hopefully, they can weather this wave of criticism. twitter.com/_FORAB/status/2020...

Li Lin, the former founder of Huobi, just stated on his WeChat Moments that he is not an investor in Yi Lihua and Garrett Jin, and that he did not reduce his holdings of Bitcoin and Ethereum during this market rally. Meanwhile, a new prediction bet has appeared on the prediction platform PolyMarket, prompting speculation about which fund has been liquidated. twitter.com/_FORAB/status/2020...

It's over. It's all over. Trend Research, under Yi Lihua, has liquidated all ETH in its on-chain accounts. Just 30 minutes ago, they deposited their last 534 ETH into the Binance exchange. Currently, only 0.183 ETH remain on-chain.

Has a major market maker run into trouble? Multiple crypto exchanges just experienced short-term, sharp fluctuations of about 16 minutes, mainly affecting mainstream tokens such as Bitcoin and Ethereum.

Legendary trader Eugene also noticed this and said he would close his position on yesterday's buy the dips and stop trading until the whale finish selling off their Bitcoin. Today, an on-chain analyst revealed that whale Garrett Jin and Yi Lihua are using the same Binance deposit address, and Garrett Jin is frantically transferring Bitcoin to Binance, seemingly preparing to sell off his holdings. twitter.com/_FORAB/status/2020...

So the current situation is that Yi Lihua and Garrett Jin are suspected of having the same investor. This investor is also suspected by the English-speaking community of recently leveraging their investments, getting wiped out, and being forced to continuously sell BTC. All of this points to a Hong Kong hedge fund. So who is it?

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