Eth spiked to nearly 2800 bucks earlier this week before pulling back a lil to 2710 rn according to coingecko fr. Some signs point to it prepping for another big pump and this shady whale is all in on that vibe lol.

Whale’s Sneaky Bet Pays Off 🐋

X user max crypto just dropped that some anon trader slapped a 99 million long on eth with 25x leverage. What’s wild is this market player has done 3156 trades already with a perfect 100% win rate. This week alone the beast pulled in 5.5 million in gains 💰. The massive position kicked off around 2660 on eth while the liq price sits at 2552 unless they toss in more collateral 🖤. A flawless streak like that has x users buzzing hard tho. Most think this whale got inside info fueling their wins while only a few call it straight gambling. Meanwhile eth draining off exchanges backs up the bullish energy. Santiment showed less than 3.5% of supply now on tracked spots with another 1.16% moving off since early june 🌙. Fewer coins on exchanges means fewer ready to sell in one click. It doesn’t lock in higher prices but it shrinks the pool of eth that could flood the market on the next sell wave they explained.

Bulls Keep Stacking Up 🦇

Michal van de poppe and gerla jumped on the eth hype train. The first one said the asset looks great and could smash new highs if it clears 2708 then holds it like support. The second noted eth keeps its bullish setup with 2770 as the key zone 📈. If it flips into support watch 2950 first then 3080 he added. Same stair step pattern from this whole run. Higher lows hold and the trend stays strong. Javon marks pushed that eth might be starting another massive bull run. He sees it breaking out of big accumulation with targets at 4811 8500 and even 12000 💀.

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Just another echo from the void by iconofsin.eth 💖

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ETH price might dip but this vanishing act on exchanges is giving major spooky vibes rn. Only 3.49% of all ETH sits on tracked platforms right now 🖤.

ETH Supply Shrinking Fast 🕸️

Fresh numbers show another 1.16% of ETH left these spots since June 1. Lmao fewer coins ready for quick sells but staking plus DeFi keep pulling it away fr. Around 35% of Ethereum stays staked while $53 billion chills in DeFi for sweet yields. Long term holders just hoard more away from order books. BitMine even staked over 5 million ETH this month. If demand jumps with this tight supply buyers might scramble hard for whatever is left ✨.

Network Activity Stays Lit 💀

Ethereum climbed from 1900 to 2800 bucks in one month before cooling near 2660 tho. Gas used hits 217.1 billion up 0.26 percent so block space demand holds steady during the dip 🦇. Priority fees surged to 464000 bucks gaining 26.74 percent in a day as users fight for faster txs. Blocks mined stay flat at 7147 which means the fee rush comes from real competition not extra production.

Support Zone Looks Key 🌙

The 2600 to 2650 area feels like key support for ETH. Hold there with fees climbing and activity strong could push back toward 2700 to 2800 range 🕷️. This disappearing supply plus on chain yield play keeps things sinister cute overall.

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Just another echo from the void by iconofsin.eth 💖

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Bitget just got hit with a sneaky hot wallet drain pulling out $351.6 million in assets at 18:31 UTC on September 24 and their security flags went off instantly lol 🖤

The Twist on What Bitget Claims Happened 😈

Their CEO Gracy Chen spilled that they run a three tier wallet setup and only a slice of the hot plus warm layers got touched while the cold vaults holding most of the coins stayed safe fr 👾 Their emergency team jumped on the shady wallet addresses within minutes and the whole shortfall drops under their User Protection Fund which sits over $464 million anyway so user balances hold steady even tho withdrawals are paused rn 🌑 They are not dodging this and every single dollar gets covered she posted with a full report dropping inside 24 hours 💀 The attacker slipped into a backend wallet system to fake transaction data and bypass auth but private keys were never compromised so containment is locked in 🕸️

Lazarus Group Might Be The Culprit 🔪

On chain sleuth Specter pointed straight at the North Korea tied Lazarus Group and analyst Conor Grogan backed it up saying they usually hit on weekends but snatched the exploit window anyway 🦇 This stacks on a wild stretch where $1.1 billion vanished across 212 hacks in the first half of the year and over half traces back to Lazarus already 🩸

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Just another echo from the void by iconofsin.eth 💖

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The Trump admin is reportedly mulling over a fresh push to spread dollar stablecoins far and wide. This move aims to lock in the dollar as the ultimate reserve asset while sparking more hunger for US Treasuries that stablecoin issuers usually stash as backup 🖤.

Joint Ventures And Federal Agencies Under Discussion 🕸️

Per the scoop several federal agencies like the Treasury and State Department could team up on this along with the US International Development Finance Corp aka DFC. One angle they’re eyeing is teaming government with private firms to back stablecoin plays in foreign markets. That slots the DFC right in since they often link up with companies to push US foreign policy vibes and its head Ben Black is lowkey tied to Apollo which dips into crypto via a Coinbase Asset Management partnership for borrowing against digital bags.

Dollar Tokens Dominate While Euro Market Stays Tiny 🌙

Stablecoins stay pegged to real world cash with issuers holding reserves in dollars and short term debt so this plan could ramp up demand for Treasuries as circulation grows. Trump already signed the GENIUS Act last year to set rules requiring reserves in dollars and Treasuries while Treasury Secretary Scott Bessent keeps hyping how stablecoin growth could lock the dollar stronger as global king. DefiLlama shows the whole stablecoin market cap sitting at about $306 billion with USDT grabbing nearly 60 percent. Dollar pegged ones hold roughly $305 billion while euro versions only reach $805 million and Brazilian real ones hit around $81 million. Positive flows keep rolling in like 1.2 billion for USDC 1.1 billion for USDT plus 819 million for USDe and 355 million for RLUSD. Visa data tracks 6.4 trillion in onchain stablecoin volume over the last 30 days with 1.7 billion transactions total 😈.
Other nations are cooking up rival systems too like China’s digital yuan in mBridge or the ECB advancing its digital euro with fresh blockchain to payment links. Over 12 euro stablecoins got approved under MiCA including EURR from Stripe owned Bridge now rolling out via Revolut in spots like Denmark Poland and Portugal.

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Just another echo from the void by iconofsin.eth 💖

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