Yesterday, I Fell into a Honeypot Trap — Be Cautious!
Yesterday, I received three unexpected incoming transfers in my wallet:
5,000,000 SHIB
540 USDC (with a suspicious short link)
200 USDT (worth around $200)
At first glance, this looked like a blessing. But in reality, it was a honeypot attack — a common trap where scammers send fake tokens or funds to your wallet to lure you into interacting with malicious smart contracts or phishing links.
Here’s what you need to know:
Never click on suspicious links attached to token names (like the [t.ly/...] in the USDC transaction).
Don’t try to swap or transfer suspicious tokens without checking them on a block explorer.
These tokens can trigger smart contracts that drain your wallet once interacted with.
Stay Safe: Always verify unexpected transactions. Use tools like Etherscan or BSScan to inspect the contract and transaction details. And remember, if it looks too good to be true—it probably is.
Ethereum Exchange Supply Hits Lowest Level Since 2016
Ethereum’s exchange supply has fallen to its lowest level since 2016, reflecting growing trader caution and muted short-term sell pressure.
As more ETH is withdrawn from exchanges into long-term holding destinations, liquid supply continues to shrink. On one hand, this makes Ethereum more volatile; on the other, it supports upward price pressure as available supply declines.
🔥 BULLISH: Arthur Hayes argues the Fed’s new Reserve Management Purchases are effectively QE under a different name, warning they enable unchecked money printing that could drive $BTC toward $200,000 in 2026.
💵 Bloomberg senior strategist Mike McGlone allowed for a scenario in which BTC falls to the $10,000 area. According to him, the main growth drivers — ETFs, institutional adoption, and hype — have already been priced in by the market.
⚡️ McGlone believes that amid overheated expectations and market fatigue, Bitcoin could return to the levels seen at the start of the 2020 rally.
🔥 NEW: TRON has integrated with Coinbase’s Base network via LayerZero, enabling users to bridge TRX to Base and access it directly through decentralized exchanges like Aerodrome.
🇧🇷 JUST IN: Brazil’s main stock exchange B3 plans to launch a tokenization platform and issue its own stablecoin for token trading and settlements starting in 2026.
Whale 0xed41 bought 9,638 $ETH($28.76M) in spot via #Hyperliquid and #Lighter while simultaneously opening a 20× short on 9,940 $ETH($29.3M) as a hedge.
🥷 One of the darkest chapters in early Bitcoin history
In June 2011, a Bitcointalk user known as Allinvain lost 25,000 BTC in a single transaction — worth about $500,000 at the time and over $2.2 billion today.
What happened:
▪️On June 13, 2011, 25,000 BTC were drained from his wallet in one move and never returned ▪️The coins were sent to a single address and later split and laundered ▪️The attack started with a compromised Slush Pool account, where payouts were redirected due to no 2FA ▪️The critical mistake: an unencrypted wallet.dat stored on a Windows PC with software from unknown sources ▪️Private keys were copied, and the funds were gone within seconds
Outcome:
▪️A total of 25,033 BTC were eventually dispersed ▪️Only 0.004 BTC remained on the original address ▪️The attacker was never identified
A brutal reminder of how unforgiving early Bitcoin security mistakes were.