Emmett Gallic

Emmett Gallic

39 Twitter followers

Follow

Posts

Chamath Palihapitiya (@Chamath) mentioned this transaction where he bought a piece of land in Lake Tahoe for $1.6M worth of BTC in the new #ALLIN Podcast episode with @cz_binance. Decided to go and find it. twitter.com/emmettgallic/statu...

Richard Heart (Founder of Hex, Pulsechain, ProveX) launched another "Sacrifice" for his new protocol ProveX and managed to get over $410M in sacrifices. Only thing is that $400M (120K ETH) of the funds came from him laundered through Tornado Cash using over 950 addresses...

What's concerning is that its all paper BTC as well. Bithumb only has about 46K BTC on their exchange. 1860 BTC didn't get recovered which is about 4% of their reserves twitter.com/emmettgallic/statu...

Addresses I linked to Multicoin sent 440K $JITOSOL ($47M) to FalconX and Galaxy Digital in the last day. From my estimates Multicoin still holds at least about 2.8M $SOL ($250M). They held as much as 24M $SOL at the start of 2021.

He just deposited another 12K ETH into his riskiest position Current status across his positions: Health factors: ~1.47-1.57 Liquidation prices: $1,401-$1,497 Total collateral: $302.4M Total debt: $166.5M ETH would need to drop another ~32% before any liquidation risk. twitter.com/emmettgallic/statu...

Trend Research supplied another 40M USDT in collateral to their $1.8B ETH position They are currently down about $250M on the position. The extra collateral lowers liquidation from ~$1,970 to ~$1,900 and bumping HF from 1.43 to ~1.47 So they bought themselves about $70 in breathing room on the liquidation price ETH is down about 5% in the last 24 hours

A large ETH whale deposited 135K ETH to Gemini in the last 24 hours. These wallets originally withdrew 450K ETH from Bitfinex back in 2017 at an average price of $64. They sold some along the way but held most of it $29M cost basis, $431M in total proceeds, $402M profit.

GameStop $GME bought 4,710 $BTC for $513M in May 2025 as a treasury reserve. Addresses I believe are them deposited 2,396 BTC (~50% of holdings) to the Coinbase Prime Hot Wallet in the past day. They currently have about $70M in unrealized losses.

Loading..