His assets in trx account for 80%, trx is virtual and has no deep liquidity
优U姐
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Sun Yuchen sues Bloomberg in the United States Something happened in the past few days: Sun Yuchen sued Bloomberg in the United States. The incident started because Bloomberg created a billionaire index and contacted Sun Yuchen to disclose his asset details. Sun Yuchen submitted the data but requested confidentiality. As a result, Bloomberg somehow published his asset situation. Everyone already knew that Sun Yuchen was wealthy, but no one expected him to be this rich; based on assets, he has entered the top twenty of China's wealthy. What's even more impressive is that he was born in 1990 and started from scratch. If both of these conditions are taken into account, there are probably fewer than five people in the world who can surpass him. Forbes estimated Sun's wealth level in 2025 to be $8.5 billion, while Bloomberg reported it to be $12.4 billion. The 90s generation's god.
Yesterday, the short position lost, Ethereum surged to 2795 last night, largely due to the SEC delaying the approval of the Benard spot Ethereum ETF's physical redemption, which is favorable for Ethereum. During the time the ETF application has not been approved, Benard cannot sell Ethereum.
Let's discuss Sahara's breakthrough strategy from a different perspective.
To be honest, my first impression of @SaharaLabsAI was not good, even very poor. Prestigious computer science background + celebrity investment + extremely high valuation + outdated stories in traditional AI, all stacked up. I thought: Does a data annotation scammer who freeloads off data deserve to make money in the crypto space?
Later, I saw Brother Yang @nihaovand continuously promoting Sahara, which made me start to truly understand this project. My conclusion is: Sahara has great potential.
There are too many explanations about Sahara on Twitter, so today I'll discuss why projects like Sahara are necessary to break through in the development of AI from a product perspective.
No need to do a handstand, you can just eat while crawling.
战神0号
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I only believe that gains and losses come from the same source, extreme situations must reverse, it can rise to 120,000 within a month, I would eat shit upside down, the U.S. would be in chaos, TLP could be suppressed at any time, the 519 incident will happen again
$CETUS Restarting is not news, it is the 'announcement' of a hundredfold starting point.
The Sui chain took action personally, using 162 million USD to save the life of Cetus, you might think it's just compensation, but it's actually a reflection of the entire ecosystem's value consensus for it. The next steps are TVL on-chain, trading recovery, user return, community airdrops, liquidity mining... While you are still hesitating, smart money is already positioned, waiting for a big surge.
The restart of Cetus is a signal; whether it can double depends on whether you recognize this situation.
The company purchased an additional 1,004 bitcoins, bringing its total holdings to 7,800.
According to TechFlow, on May 19th, the company announced the purchase of an additional 1,004 bitcoins as part of its Bitcoin treasury strategy, totaling ¥15.195 billion, with an average price of approximately ¥15.13 million per bitcoin. As of now, the company holds a total of 7,800 bitcoins, with an average historical purchase price of ¥13.51 million per bitcoin.
That's because funds cannot be raised in a bear market.
Crypto飞哥
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I have always felt that the biggest hidden danger in the cryptocurrency space might be MicroStrategy.
The way MicroStrategy buys Bitcoin really confuses me. Heavily investing at the peak of a bull market and starting to sell at the low point of a bear market — buying high in 2021 and starting to sell when the market was sluggish at the end of 2022 — it looks like they might be short on cash. Although they sold and then bought back later, the boss may be a 'true believer' in Bitcoin, but he completely disregards the cycles and does not leave himself any cash flow; this is not investing, this is gambling.
Look at Buffett; he always keeps ample cash to cope with extreme situations. In this regard, MicroStrategy falls far short. If they had hired an analyst to operate, buying less at high points and more at low points, their current holdings would probably have multiplied several times. Now, after five years of buying, the average cost is $68,000, and if Bitcoin has a major correction, all those five years of effort could go down the drain.
Currently, MicroStrategy still holds more than 550,000 BTC. With such a large stake, if they truly run into cash flow issues and need to liquidate, it could directly crash the market's bottom line, which would be a disaster for the entire cryptocurrency space. Don't think that any institution is immune; back in the day, FTX was thriving, and Three Arrows Capital was incredibly powerful, yet they both collapsed in the bear market. The market is ruthless and unforgiving; there is nothing too big to fail.
Breaking News: Trump imposes a 145% tariff on Chinese products. To avoid impact, they will use crypto and $BTC. China may lift the ban on cryptocurrencies + inject $2 trillion ➜ and push $BTC to $300,000. When this happens, these 7 altcoins will explode first:
China's cryptocurrency transformation is not just for show. It is a strategic move aimed at:
➢ Increasing global influence ➢ Weakening the dollar ➢ Leading the digital economy
China's cryptocurrency transformation cannot be achieved overnight.
➢ Legalization of cryptocurrency in Hong Kong ➢ The People's Bank of China starts to cut interest rates ➢ China KYC launched on major exchanges ➢ Shanghai openly recognizes Bitcoin
1)@vechain |$VET
V Chain is a multifunctional enterprise-level L1 smart contract platform. Price: $0.021 Market Cap: $1.8 billion
2)@Mantle_Official| $MNT
Mantle is a Layer-2 blockchain supported by Mantle DAO and Bybit.
Price: $0.68 Market Cap: $2.2 billion
3)@OndoFinance| $ONDO
Ondo Finance connects TradFi and DeFi, providing liquidity and transparency for tokenized dollar-denominated assets.
Price: $0.8 Market Cap: $2.5 billion
4)@okx| $OKB
OKB is a global utility token issued by the OK Blockchain Foundation, launched by leading CEX OKX.
Price: $51 Market Cap: $3 billion
5)@Neo Smart Economy | $NEO
NEO is an open-source, community-driven platform dedicated to creating a future-oriented digital world. It is often referred to as "China's Ethereum."
Price: $5.3 Market Cap: $380 million
6)@displaystyle | $CFX
Conflux is a new Layer-1 blockchain aimed at providing high tx throughput (over 3K TPS) and near-zero gas fees.
Price: $0.069 Market Cap: $360 million
7)@Kaia Chain | $KAIA
"Klaytn is a public blockchain platform focused on the metaverse, GameFi, and creator economy.