VolcanicMonolith

vip
Age 0.2 Year
Peak Tier 0
Enjoy researching extreme scenarios: liquidation cascades, bridge failures, stablecoin depegging; writing style is somewhat detached, but the goal is survival.
84.73 million in position size, liquidation price 49.33, now at 61.4, this leverage makes your heart race.
4-5.22%
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CoinNetwork
CryptoWorld News: HYPE long positions' unrealized profits have increased from $29.34 million (+177.36%) to $31.36 million (+185.05%), with the current token price at $61.40, an average price of $38.68, a liquidation price of $49.33, and a position size reaching $84.73 million. This address heavily increased its long positions before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.
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These days, I’ve seen a bunch of PFP/member cards talking about "long-term brand value," which sounds pretty nice, but honestly, most of the attention on the chain is driven by incentives. When the incentives stop, the profile picture is still the same, and the chat group becomes quiet. The same goes for new L1/L2 projects pulling TVL; I completely understand the old users’ complaints of "mining, selling": it’s not that people lack faith, but after being used as liquidity a few times, they’ve learned their lesson.
Now, when I look at the membership system, I don’t focus on the narrative first,
L1-8.05%
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I've been obsessing over oracle price feeds lately, honestly a delay of just a few minutes can be deadly: you look at the chart and think you can hold, your position isn't at the liquidation line, but on-chain the last price is still stuck at the previous candlestick, and when it updates, it jumps straight to the liquidation price, and the liquidation bots swarm in. You don't even have time to open the margin top-up window... This feeling of “not a drop, but sudden liquidation” is the most annoying.
In the group these days, there's been talk about stablecoin regulation, reserve audits, and var
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Lately, I've been troubled by "floating losses" and can't sleep well. Actually, my position isn't large, but that red number hanging there, like an alarm clock that never turns off, keeps ringing. Floating gains feel light and airy; when it goes up, I just think it's good luck, and if I don't take profits, it's not really mine. Floating losses are different; I always feel like I made a mistake and am being constantly reminded, and my mind automatically imagines the next wave of liquidation waterfall, chain liquidations, and extreme scenarios.
Forget it, to put it plainly: I consider the money
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Recently, I've seen a bunch of people watching whale addresses, almost as if they want to copy every move. To be honest, first figure out whether they are building a position or hedging; otherwise, if you follow along, you might think it's a smooth ride, but they could be using you as insurance. Especially those who buy spot and open opposite perpetual positions at the same time—looking at their "adding to positions" seems aggressive, but in reality, they are locking in volatility, leaving you outside to catch the emotional swings.
These past few days, there's been a lot of discussion comparin
RWA-1.12%
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Recently, I saw a bunch of people linking ETF capital flows with U.S. stock market risk appetite to explain crypto price movements, and they spoke convincingly... But what I care more about is: who is actually governing whom on the chain. This delegated voting system, to put it simply, is outsourcing attention to a few large holders/institutions/professional representatives, ultimately turning into a handful of people making decisions in a group chat, while others are just stacking their votes for them. No matter how well-written the proposals are, if the voting turnout is low, the result beco
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Those illegal mining farms are really wild; hiding thousands of machines in abandoned factories, and the electricity costs could get you five years in prison.
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WuSaidBlockchainW
According to Bits media, a secret illegal cryptocurrency mining farm was discovered within the territory of an abandoned industrial enterprise in Sverdlovsk Oblast, Russia, involving 10,000 mining devices.
The farm was jointly raided by the Federal Security Service (FSB), police, and the electricity department.
The power company estimates that the electricity theft caused losses of nearly 1 billion rubles (about 11 million USD), and the energy consumed was enough to supply lighting for a small city.
Currently, three suspects involved have been arrested and may face up to 5 years in prison.
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Lately, watching DAO votes has been giving me a bit of a chill down my spine. The more proposals are written "for the ecosystem," the more you have to watch who gets the control rights and who benefits from incentives. Honestly, many of these votes aren't about "right or wrong," but about "who will be in charge in the future." The same phrase "increase rewards" could mean buying votes, or it could mean pushing risks into the treasury, and when the market swings, it could lead to liquidation waterfalls.
These days, that mainstream public chain is about to upgrade/maintain, and everyone in the g
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I look at the project’s "credibility" mainly from three aspects: whether there are recent active contributors on GitHub (not just modifying the README), whether the audit report clearly explains known risks in plain language, and whether the issues have been addressed afterward; also, whether the upgrade involves multi-signature, who the signers are, whether it is decentralized, and if there is a timelock. To be honest, these can't guarantee safety, but at least they can filter out a bunch of "explanations after something goes wrong."
For blockchain games with inflation + studio + coin price s
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I realize that I am the kind of person who can't hold onto spot positions and is easily wiped out by liquidation in futures trading. To be honest, it's not that my judgment is poor, but that my confidence in my positions is too high. Later, I told myself a piece of plain advice: don't try to win everything in one go, focus on making sure you can get back to the table next time. Treat spot trading like savings, don't stare at every tiny fluctuation, set an acceptable "worst-case scenario" before buying; futures are even simpler, assume you'll make mistakes, so keep your position size small enou
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Last night I paid my tuition again: I clearly wanted to try with a small position, but ended up sweeping in all at once with a market order, and the slippage directly increased my cost significantly. When it retraced a bit afterward, my mindset started to shift. Honestly, I still didn't respect the depth enough; the order book looked like there was volume, but when I actually threw in a big order, I found it was ridiculously thin, especially when volatility kicked in, and the orders looked as fragile as paper.
Now looking back, I realize that the timing of placing orders is more important than
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Did it break below 73k? Are my long positions still active?
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MarsBitNews
Bitcoin drops below $73,000
Mars Finance News, May 29 — According to market data, Bitcoin dropped below $73,000, with a 24-hour decline of 0.07%.
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Can BlackRock also not withstand the selling pressure? A cumulative net inflow of 65.7 billion looks impressive, but the largest single-day outflow is indeed rare—market sentiment may be about to change.
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The stagflation script was rejected. Corporate earnings are still holding up—this narrative pivot is a bit too quick, so I’ll flag it first.
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BlockBeatNews
JPMorgan Strategist: The U.S. Stock Market Is Overestimating the Risk of Rate Hikes
JPMorgan strategists believe that the market is pricing in too much risk of potential interest rate hikes by central banks, creating conditions for a rebound in low-volatility stocks such as consumer staples and utilities. Although the Iran conflict may push energy prices higher, the macro environment is different from 2022; over the next 6–12 months, bond yields and oil prices may decline, corporate earnings prospects remain strong, and stagflation is not the most likely scenario in the second half of the year.
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I’ve realized there are two states where I’m most likely to get wrecked: not holding onto spot assets, wanting to cash out a little when prices go up for a sense of “security”; and with contracts, always feeling like I can control the risk, but then a single needle drops and I get liquidated immediately.
Later, I tell myself a simple truth: don’t think about making money every time, first consider whether you can survive and get up on the worst day.
Position size should be based on “being able to sleep peacefully,” treating spot as reserves, so even if prices drop, your mindset won’t colla
L1-8.05%
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Is Kalibaf's trip to Doha over sooner than expected? Did the negotiations break down or was the task completed? Stay tuned for updates.
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BlockBeatNews
The Iranian delegation has concluded its talks in Qatar and will return to Tehran.
BlockBeats News, May 25 — According to CCTV reports, on the 25th local time it was learned that after the Iranian delegation led by the Speaker of the Islamic Consultative Assembly, Kalibaf, concluded its meetings in Doha, the capital of Qatar, it will return to Tehran tonight. It is reported that the relevant agenda for the delegation in Qatar has now been completed.
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260 billion yen, 35-year term, SoftBank's balance sheet adds another ultra-long-term liability, betting that the ARM and AI narratives can sustain until the redemption window
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BlockBeatNews
SoftBank issues an additional 260 billion yen in subordinate debt to finance AI investments
Bloomberg reports that SoftBank plans to issue subordinate bonds to individual investors again, raising approximately 260 billion yen (about $1.6 billion), with a 35-year maturity and callable after 5 years.
The initial coupon rate range for the first five years is 4.8%–5.6%, and the pricing will be conducted on June 5.
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Last night the network was a bit jammed. I watched the mempool for a while, and it felt like a highway queue: clicking “send” doesn’t mean your transaction gets put on-chain right away—it just drops it into a public waiting room. When it’s congested, miners/validators basically pick the “cars with pricier tickets” to go first; if your fee is lower, your transaction just gets left hanging, or it gets replaced by you topping up the fee (and some even fail outright and burn gas for nothing—that’s really painful). What’s even more annoying is that you think you’re racing against time, but then a b
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Concentrated betting + short time, classic operation template
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