web3唐三藏

(1) The mathematical law of 21 million coins: Digital gold that is scarcer than gold.
The total amount of gold is about 190,000 tons and increases by 2% each year; the total amount of Bitcoin is 21 million coins, which is halved every 4 years, with the last coin expected to be mined in 2140. Currently, 19.4 million coins have been mined, and the remaining 2.6 million coins will take 40 years to mine.
Assuming 1 billion families worldwide want to hold Bitcoin and each family only needs to hold 0.001 coins, that would require 1 million coins — while the circulating Bitcoin in the market (excluding lost coins and hoarding) is actually less than 16 million coins. When demand breaks through the supply critical point, what kind of explosive growth in price can we expect?

On the night of June 12, 2025, Ethereum staged the most brutal long-short strangulation battle of the year. From a lightning charge at $2878 to a waterfall crash at $2742, the $136 amplitude caused $380 million in liquidations across the network, with countless investors sleepless during the rollercoaster market. Behind this seemingly random violent fluctuation lies the hidden script of the main funds' carefully laid out harvest plan. Through deep dissection of on-chain data and technical aspects, we will reveal how the main force set three traps at $2870 and deduce the life-and-death path of ETH ahead.

While the market is still debating whether Ethereum can stabilize at $3000, those investors who hesitated in the $1500-$1800 range have already been left behind by the trend. 'The biases in one's heart are an insurmountable mountain' - this phrase reveals the cognitive dilemma of countless traders. The market turning point in April 2025 is not a coincidence; after two years of washout, the technical aspects and market structure of Ethereum have undergone a qualitative change, while those who still view the situation with old thinking are repeating the vicious cycle of 'missing the low point - chasing high and getting trapped.'
I. Cognitive cage: How biases cause investors to miss out on thousand-point rallies.

When LD Capital founder JackYi displayed a holding of 142,000 ETH in the community (with a floating profit of 42 million dollars) and increased a long position of 100,000 options, this long-short showdown led by whales had shifted from covert to open play. The entire network's 5 billion dollar short positions face the risk of being squeezed, with a total of 2.3 billion dollars in short positions at CME and AAVE replicating the dangerous script of the short squeeze in Tesla in 2021. On-chain data shows that Wall Street funds are accelerating their positions, and the reduction of ETH supply on exchanges may determine the ultimate direction of this capital war, depending on whether the 2800 dollar life-and-death line is breached. Whale open card calls: the short squeeze tactics behind 142,000 ETH. JackYi's holding data is causing a market earthquake:

When Ethereum's price breaks through the 2800 dollar mark, a wave of bullish sentiment from institutions suddenly sweeps the market, with Wall Street asset management giants releasing reports stating "ETH is severely undervalued." However, on-chain data reveals a harsh truth: these institutions had already completed their positions at 1500 dollars, and are now using call options to weave a chase-high trap. Behind the seemingly healthy candlestick patterns, a hunting game of long-short battles is unfolding. ​Institution's "time difference hunt": from building positions at 1500 to shouting orders at 2800 is a premeditated scheme. In April 2024, the crypto market was still immersed in the euphoric anticipation of Bitcoin's halving, while Wall Street institutions quietly initiated their ETH position-building plans. Coinbase's institutional trading platform data shows that between April and June, giants like BlackRock and Morgan Stanley cumulatively bought 2.3 million ETH at an average cost of 1580 dollars, with a holding market value of 3.6 billion dollars. Yet, when the price broke 2800 dollars in July, these institutions suddenly released a flurry of research reports, with titles boldly stating "ETH's valuation correction space reaches 50%." ​Institution's triple hunting strategy is working:​