🔥 【Dust Alchemist's Fury】
$SBET This wave of "Ethereum Treasury" operations has made me laugh in anger! A company on the verge of delisting relies on ConsenSys to bleed $400 million to hoard 200,000 ETH, and as a result, small investors can't even lick the dust of staking rewards—project parties boast "322 ETH rewards," worth only $0.0005 per share, not even enough to cover the Gas fee.
What's even more outrageous is the "ETH concentration" sleight of hand:
⚡️ After splitting shares, each share is tied to 2.37 ETH? In reality, you need to hold 10,000 shares to withdraw, and retail investors are directly filtered out;
⚡️ ATM issues 5.4 million more shares to buy coins, stock prices crash 70% before rallying 46%, quantitative institutions treat retail investors as hedging fuel;
⚡️ Staking annualized yield of 3.8%? After deducting SEC audit fees and custody costs, it directly turns into a loss, not even as good as saving in Yu'ebao!
Dust player’s three commandments to avoid pitfalls:
1️⃣ Don't trust "Joseph Lubin's endorsement," even ConsenSys is reducing holdings and running away;
2️⃣ Beware of ATM issuing more shares → buying ETH → stock price plummeting → arbitrage cycle harvesting retail investors like a perpetual motion machine;
3️⃣ The official K-line lags behind the on-chain by 10 minutes, bottom fishing turns into grave filling!
