Earlier today, I took part in a media interview that felt a bit off—and this afternoon, I lost access to my Telegram. Some friends also received suspicious DMs from my X account.
We've regained control of this X account, but my Telegram is still in the process of recovery. If you received any strange DMs from me today on X or Telegram, please ignore them and stay alert—do not click on any suspicious links. Apologies for the confusion caused.
This June, Bitget is running its #BitgetAntiScamMonth campaign to raise awareness around security. As hackers and scammers grow more sophisticated, staying safe is an ongoing effort. I’ll be learning and growing with all of you—keep studying, stay safe. 🙏
I'm still bullish on $ETH. Net inflow into spot ETFs for 3+ weeks is a positive signal of strong investor interest. SEC approval for staking could unlock a true $ETH cycle.
Regulations are clearing up. The recent SEC guidelines boost optimism. Excited to see how this unfolds.
During the MIT Sloan reunion last month, I finally got to attend a seminar by Professor Andrew Lo. He's one of the sharpest minds in finance and innovation. I had tried (and failed!) to get into his class during my MBA, so this was a full-circle moment.
His talk on Financing Deep Tech hit home. He spoke about the “valley of death”, the risky gap between breakthrough research and real-world application. It reminded me of what many crypto projects face today: strong tech, but struggling to survive without the right capital, ecosystem, and patient backing.
Whether it’s deep tech or web3, it’s mission-aligned capital and long-term conviction that ultimately bridge the gap.
Grateful to be back at Sloan, still learning from the best.
Many in the community are hyped about FTX’s $5B payout tomorrow (May 30).
The number sounds big, but I don’t think it represents a direct, massive capital injection into the market.
To put it in perspective, $5B equals: 📍 0.14% of crypto market cap ($3.5T) 📍 3.97% of daily trading volume ($126B) 📍 2% of circulating stablecoin supply ($250B)
It sounds large, but it won’t move the entire market. That said, liquidity still matters.
I don’t expect a full-on bull breakout, as a significant portion of FTX claims were bought by TradFi funds like Baupost, Oaktree, and Attestor, who are unlikely to ape memecoins, but to exit. Some funds may rotate into crypto, but a good chunk will likely just cash out.
In a very optimistic case, if $2.5B (50%) flows into $BTC (~3.3% of daily volume), that could push $BTC +1–3% to around $109K.
Altcoins may be the wildcard. Smaller caps could see 5–10%+ pops if traders rotate into high-beta narratives, but that depends on retail participation.
While I don’t expect price impact across stablecoins, this liquidity may power DeFi flows, RWA narratives, and passive yield demand (think: #BGUSD).
The payout will take 1-3 days. Watch this weekend and next week for short-term volatility. Keep an eye on on-chain stablecoin flows and exchange inflows to track market direction.
Bitget is actively tracking the stolen funds from Sui's @CetusProtocol and coordinating efforts to support the community. We'll stand with all builders in the space.
At #AVAXSummit today, and it’s clear Avalanche is building with long-term utility in mind — particularly around asset issuance, infra modularity, and institutional rails. CEXs, DeFi, L1s and VCs all play a role in onboarding the next wave. @luigidemeo @perkinscr97 #AVAX #Web3Infra
$40B+ in cumulative flows into spot Bitcoin ETFs. This is shaping up to be the most institutionally anchored and structurally supported cycle in crypto history.
Many friends have recently asked me about @MorphLayer. #Bitget was one of its early investors—we invested $2 million in 2023 for a 20% equity stake. Since then, Morph has continued to grow and attract interest from both institutions and individual investors.
https://t.co/05wJjjR0Kh
As one of the few L2 we’ve invested in, we were drawn to their vision of building a consumer-grade blockchain, though we’re not involved in daily operations or decision-making. From what I’ve seen, the #Morph team is proactive, tech-driven, and deeply committed to long-term goals. Their 2025 roadmap includes several key milestones—hope to see how their continued building can drive meaningful progress in the space.