KeyOnBlackVelvet

vip
Active for: 0.5y
Peak Tier 0
Enjoys discussing security and permission boundaries, always wants to check whenever authorization is involved; not afraid of trouble, but afraid of habitual trust.
I went back to check the floor price of the NFT I used to play, and it’s fallen pretty ugly. But the community group is still chatting about adjusting royalties and upgrading the roadmap, saying the narrative will be back. Honestly, I’ve become a bit immune to storytelling. When liquidity is bad, no matter how loudly you hype, it’s still insiders picking up insiders. I’ve gotten into the habit of digging through those old approval records instead—checking exactly which contracts I put under my name at the time. Reminder: the more familiar the place is, the easier it is to get tripped up by hab
The situation in the Middle East keeps getting more and more muddled—if the Strait of Hormuz is truly blocked, leveraged positions across the oil and gas chain need to start thinking in advance about how to hedge.
CoinNetwork
Coin World news: A research report from CICC Securities states that recent renewed disruptions from the U.S.-Iran conflict have once again emerged. The fundamental flaws in the Iran-U.S. memorandum of understanding determine the difficulties in carrying it out. The current stalemate has a potential risk of lasting long term, with the situation continuing in a state where a stable agreement cannot be formed, the war is fought “when and where,” and passage through the Strait of Hormuz is intermittently obstructed. Market expectations generally believe that the U.S. midterm elections this year will constrain the Trump administration’s war actions. However, as long as the likelihood of Republicans losing the Senate continues to decline, the pressure on issues involving the Supreme Court, investigations into impeachment, election disputes, and other matters will be limited, and market expectations may be overestimating the impact of the midterm elections on the Trump administration’s actions.
64155—this number looks familiar to me. I think it was showing up around here yesterday too.
CoinNetwork
Crypto news from CoinHub, according to A’s early issuance monitoring, BTC is currently trading at $64,155.10, down 0.02% over the past 5 minutes. Please note market volatility.
VanEck is really playing it well—leaving the full 1.25 billion quota untouched, while setting up a new arrangement to pay dividends; the market got the numbers wrong.
WuSaidBlockchainW
Strategy sold approximately $135 million worth of Bitcoin last week, which did not occupy the previously announced $1.25 billion BTC Monetization Program allocation.
VanEck Strategy sold approximately $135 million worth of Bitcoin last week, which was not counted under the previously disclosed $1.25 billion BTC Monetization Program limit. The 8-K shows that the program is only for selling Bitcoin to fund dollar reserves, and as of July 5, the full $1.25 billion limit was still available. Sigel stated that the sale last week was used to pay preferred stock dividends and therefore falls outside the scope of the program, meaning the actual amount of Bitcoin that Strategy can sell may be higher than the market's general understanding of $1.25 billion.
4x leverage and still holds for 6 days, this guy has huge balls, $440k in unrealized profit looks nice, but the liquidation price is probably hanging over his head.
CoinNetwork
CoinWorld News, according to Lookonchain monitoring, trader 0x1342 on aster opened a 4x long position on 1.8 million SYN at $0.28 six days ago, and currently has a floating profit of $447k.
Ripple has a double blessing this week: both Japan and Luxembourg's MiCA licenses have landed, allowing the $1.7 billion RLUSD to legitimately enter East Asia and Europe. The era of USDC's solo dance in Japan is coming to an end.
CoinNetwork
CoinJie.com news: Ripple’s $1.7 billion RLUSD stablecoin has received approval in Japan and can be used as a new electronic payment method in Japan, offered to retail and institutional users via SBI VC Trade. This makes RLUSD the second dollar-backed stablecoin approved in Japan after Circle’s USDC, joining JPYS, a yen-based stablecoin, in entering Japan’s regulated market. In addition, Ripple also received preliminary MiCA approval in Luxembourg this week, further expanding its presence in the Japanese and European markets.
RLUSD+0.01%
USDC+0.01%
The person who earns 48 million in half a year—-62% is just a numbers game; wait for a 1608 liquidation or to get un-stuck from the position (break free from being trapped).
CoinNetwork
CryptoWorld News: The unrealized loss on high-position short trader MU’s short positions has narrowed from $58.883M (-113.64%) to $48.75M (-62.52%). The current coin price is $1,126.70, the liquidation price is $1,608.84, and the position size is $15.6172M. MU previously was the largest short in the ZEC crypto market; in the recent period, he preferred placing high-position short positions in the U.S. stock market, earning more than $48 million in profit over the past six months.
180 million USDT flows back into Tether Treasury, is this institution hedging risk or preparing for a new round of ammunition?
CoinNetwork
CryptoWorld News reports that, according to Whale Alert monitoring, 180,000,000 USDT (approximately 180 million USD) has been transferred into Tether Treasury.
USDT0.00%
Are you panicking now that the 30K call orders are happening? The script from the 10K last time didn't play out, and it might be the same this time.
Original content no longer visible
ETFs have been bleeding for four consecutive weeks; this rhythm feels a bit familiar.
CoinNetwork
According to Crypto World News, coinbureau reported that over the past week, Bitcoin ETF fund outflows reached $1.7 billion, setting the largest single-week outflow in more than a year. This marks the fourth consecutive week of net outflows for Bitcoin ETFs, and since May 15, the ETFs have been bleeding funds every trading day, except for yesterday’s meager inflow.
Sovereign countries are starting to use ENS to build on-chain identities, and this signal is much more interesting than price.
CoinNetwork
CoinGeek News reports that Wu has learned that the Turkish Presidential Communications Directorate has announced that it has registered the official ENS domain cbiletisim.ETH, to use as a decentralized identity, and that it will publish official publications to IPFS, which are then referenced via ENS names to support public on-chain verification and retrieval. The official said that this initiative is intended to enhance the verifiability and transparency of public publications. The official also said that this is the first step for the Turkish Presidential Communications Directorate to establish an official on-chain identity.
ENS+1.73%
These days, the group is again flooded with messages like "Unlock Calendar" and "Staking Unlocks are coming," with a bunch of people following along anxiously, turning their emotions into trading signals… Frankly, impulsive buying is partly the responsibility of KOLs, but ultimately, it’s still up to oneself to press confirm.
What’s more annoying about group messages is that they trap you in the illusion that "everyone is watching," making your hand itch;
Even worse, KOLs make uncertain things sound certain, especially with that tone of "Don’t worry, I’m watching."
My first reaction when
Recently, I keep seeing a bunch of contracts that default to giving you “infinite-amount authorization.” To put it bluntly, they’re just sticking the keys straight into someone else’s pocket, and you still think it’s only like tapping a card to get in the door. After every interaction, I always go ahead and revoke the permissions I don’t use often—like shutting the door before bed. If I don’t do it, I just don’t feel at ease. Staring at charts for too long makes my eyes feel a bit sore. It’s not really that I’m afraid of the market; it’s that I’m afraid that one day I’ll get lazy about clickin
7 siblings, this leverage has been pulled—your ETH faith deposit has been credited.
CoinNetwork
CryptoWorld News reports that, according to on-chain analyst Yu Jin monitoring, 7 siblings have just borrowed 20 million USDT from spark to continue buying ETH.
ETH+1.12%
That whale is playing the GOOGL short very smoothly—pushing the average price down to 374, with still room before the liquidation line at 480. But the ZEC turnabout despite a floating loss of 21 million is truly ruthless.
CoinNetwork
Crypto World News reports that a whale has increased its short position on GOOGL by 1,502.73 units, approximately $543,466.62, bringing the total position to $5,129,054.98. The average price has decreased from $376.52 to $374.68. Currently, this short position has a profit and loss of +$216,081.59 (+10.45%), with the current price at $359.53 and a liquidation price of $480.39. This address shorted ZEC starting at $184, previously experiencing a floating loss of $21 million, later turning profitable, and recently becoming the largest long position in the S&P 500, with a scale exceeding $70 million.
GOOGL+1.74%
ZEC+3.86%
Recently, I’ve been seeing a bunch of charts about address profiling and tag clustering—things like “smart money” and “fund wallets.” To be blunt, I just treat them as a reference. If you actually believe them enough to place an order, it starts to feel a bit shaky. On-chain data can indeed show fund flows, but tags are way too dependent on context: an address labeled as an exchange hot wallet might just be a temporary bridge. And if the same batch of funds gets split across dozens of addresses, your “profile” instantly starts to look like it’s been over-filtered all at once.
In the past coupl
24k BTC sell-off, retail investors keep buying more and more excited; historical bottoms are often formed this way
CoinNetwork
CryptoWorld News: Last week, Bitcoin whales and sharks sold 24,602 BTC, causing the price to drop 13%.
Meanwhile, retail micro-traders are increasing their holdings; if these two trends reverse, it could signal the best buying opportunity.
BTC+1.38%
When the funding rate is extreme, my first reaction isn't "fight the other side," but to review the permissions I have authorized myself... Frankly, during times like this, emotions are most likely to get the better of us. The more I want to earn that small fee, the easier it is to overlook the risks. Of course, the opposing side is tempting, but what I fear more is a sudden spike in volatility and liquidity, forcing me to close positions and accidentally give away permissions I previously signed off on. Recently, hardware wallets have been out of stock, and there are many phishing links in th
Recently, I saw everyone arguing about which L2 has higher TPS, lower fees, and better subsidies. Honestly, hearing that sounds a bit theatrical to me... These are all good things, but don’t confuse “cheap” with “invisible.” When it comes to on-chain privacy, ordinary people shouldn’t have too high expectations: if you accidentally authorize once or sign an incomprehensible message, it can all be linked together later; compliance is more realistic—entry points, exit points, stablecoins, fiat channels—completely leaving no trace is basically impossible. My expectation is: expose as little as po