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🐋 Tom Lee’s Bitmine just threw $81M at ETH — 97% there to owning 5% of all Ethereum. Retail, you’re welcome.

Bitmine, that Tom Lee-run treasury thingy, scooped up 32,447 ETH last week for $81M. Now they’re sitting on 5.85 million ETH — 4.8% of the entire supply. 97% of the way to their “Alchemy of 5%” goal. Translation: whale buys the dip, pumps it, then we get to hold the bag. Classic.

▪️ Bitmine now holds 5,847,611 ETH worth $14.3B — up $3B in a week. Must be nice.
▪️ They staked 87% of their ETH (over 5M tokens) via their own MAVAN validator network, earning 2.67% APY. Because why not print money while hoarding?
▪️ Projected annualized staking revenue: $330M — or $381M if they stake the whole pile. That’s more than most altcoins’ market caps.
▪️ Tom Lee says this ETH/BTC ratio cycle is driven by Wall Street tokenization and agentic-AI, not ICOs or NFTs. Sure, Tom. Whatever helps sell the narrative.
▪️ Lee’s full portfolio: $14.9B including 210 BTC, $308M cash, $180M in Beast Industries, $89M in Eightco Holdings. Diversification? Nah, just more ammo.
▪️ ETH jumped 30% last week — Bitmine’s biggest weekly buy since early July, way above the usual ~10K ETH. Coincidence? You tell me.

📊 ETH bought last week: 32,447
📊 Total ETH stash: 5.85M
📊 % of total ETH supply: 4.8%
📊 Staked ETH: 5.07M (87%)

If you’re holding ETH, yeah this looks like a massive confidence signal. But don’t kid yourself — Bitmine isn’t your friendly neighborhood whale. They’re positioning to dump on you or leverage you into oblivion later. That 30% pump already happened. Lee’s historical “comps” of 167% and 170% gains after similar weeks? That’s marketing bait. Watch for the retrace, or the rug if they decide to cash out. You’ve been warned.

💬 «This ETH/BTC ratio has moved up during crypto bull cycles… In this upcoming crypto cycle, we see the ratio rising, driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains.» — Tom Lee

🔮 Bitmine is one whale away from owning 5% of all ETH. When they hit it — sell the news or buy the hype? You know the answer: they sell, you buy the dip.

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🚀 BTC rips $77K, $3B shorts liquidated – but the 'smart money' is still bleeding $75M on Hyperliquid. Get the popcorn.

Bitcoin just ripped through $77K and reclaimed the 50-week EMA for the first time since November 2025, wiping out over $3 billion in BTC shorts. The catalyst? Treasury Secretary Scott Bessent's bond buyback plan that sent yields plunging and revived risk appetite. Cute, right? But here's the funny part: Abraxas, Fasanara, and Wintermute are still sitting on $603M in combined short exposure on Hyperliquid, bleeding $75M in unrealized losses as we speak. Someone's about to get absolutely rekt – again.

▪️ Bessent's bond buyback plan tanks yields, triggers risk-on. BTC up 23% in a week. Classic gov intervention benefiting insiders.
▪️ Bitcoin closes above 50-week EMA first time since Nov 2025. Trend reversal signal – if you trust the guys shorting.
▪️ Over $3B BTC and $4.5B total crypto shorts liquidated Aug 19-22. Bears squeezed. But institutional shorts still open.
▪️ Abraxas $783M short on Hyperliquid, Fasanara & Wintermute $603M combined. All still open and bleeding. Margin calls coming.
▪️ US spot Bitcoin ETFs $1.9B inflows last week – biggest since Jan. Retail piles in. Wonder who's selling?
▪️ Jackson Hole Aug 27 with crypto-friendly theme. Eyes on Fed Chair Warsh. Expect fakeout.

📊 BTC Shorts Liquidated: $3B
📊 Total Crypto Shorts Liquidated: $4.5B
📊 Institutional Shorts Still Open: $603M
📊 Unrealized Losses on Those Shorts: $75M

Solid bullish signal – the 50-week EMA reclaim and massive short squeeze suggest the nine-month correction might be over. But don't get too comfortable, bagholder. $80K is next resistance; if Warsh turns hawkish at Jackson Hole, we get a fakeout. The real drama: $603M in institutional shorts on Hyperliquid. If BTC keeps ripping, they cover (fuel) or get liquidated (more squeeze). Win-win for longs. Watch $73K-$68K support; if it holds, rally has legs. If not, those shorts win and you're bagholding again.

💬 «If history repeats, Bitcoin will try to get as close as possible to ~$93,000 in 2027. But first, Bitcoin needs to fully confirm its Bear Market bottom and fully confirm a break of the Macro Downtrend.» — Rekt Capital

🔮 Same three firms that got crushed in July are doubling down on shorts. Either they know something, or they're next liquidity meal. My money's on the latter.

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💸 $250M in long leverage gets rekt as Bitcoin dips to $76k – weekend trap for hopium addicts

Bitcoin's weekend 'dip' just liquidated $250 million in leveraged long positions over 24 hours – $101M of that in just four hours as BTC slid from near $80k to $76,088. The leveraged crowd got absolutely rekt while open interest shrunk and funding rates went flat. Classic weekend trap for the hopium crowd. But hey, maybe this time it's different? Yeah, right.

▪️ BTC dropped 1.8% in 24h, from $80k to $76,088 – but leveraged longs got hit way harder than the move suggests. Almost like the market knew exactly who to target.
▪️ $101M liquidated in four hours alone, 86% of all liquidations that window – longs were the prey. And they fell for it.
▪️ Open interest dropped 2.65% to $54.54B – leverage is fleeing, not reloading. Smart money is sitting out.
▪️ Funding rates near 0.01% – no premium for longs, meaning no one was desperate to go long. The hopium was already stale.
▪️ Binance handled $65M in liquidations; the largest single hit was an $11.72M ETHUSDT long. Ouch.
▪️ Long-short ratio at 0.9238 – more traders betting against the pump than riding it. The crowd is split, but the shorts have the edge.

📊 Long liquidations 24h: $250.57M
📊 Total liquidations 24h: $339.73M
📊 BTC bottom: $76,088
📊 OI drop: -2.65%

This flush is a classic weekend trap – no spot support, thin order books, and a market that was way too long. The funding rate was already near zero, meaning the long bias was exhausted. Now open interest is down, leverage is reset. But don't be a dumbass and think it's safe to go long again – the ETF bid is off until Monday, and if it doesn't come back strong, BTC could test $75k. Shorts might be tempted, but remember the earlier squeeze that wiped out $3B in shorts. This market is bipolar as fuck. Best to sit on your hands and wait for Monday's ETF flows to decide the next move.

🔮 Weekend flush clears the weak hands – but Monday's ETF flows will tell if this was a dip to buy or a bounce to sell. Don't get your hopes up.

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🐋 Abraxas just dumped a $783M short nuke on Hyperliquid — and then hedged with $173M ETH. Classic whale move.

London whale Abraxas Capital just parked a massive $783M short position on Hyperliquid — the biggest short book DeFi has ever seen. But don't let the headlines fool you, boys. They're not just betting the farm on a crash. They pulled $173M in ETH from Binance as a hedge, turning this into a funding rate farm, not a directional bet. Classic whale play: collect from the longs while staying neutral.

▪️ They spread $783M in shorts across ETH ($193.9M), BTC ($175.4M), HYPE ($141.6M), SOL ($65.8M) on Hyperliquid — two wallets doing all the heavy lifting. Because why use ten when two will do?
▪️ Over 4 days, they quietly pulled $173M ETH off Binance — a spot cushion to offset the short perp exposure. Net result: nearly market-neutral. They're not gambling, they're arbitraging.
▪️ The play? Collect funding payments from all you leveraged longs while staying hedged. Abraxas has already banked over $300M in realized profits from this arbitrage game.
▪️ Currently sitting on an $80.8M unrealized loss. That's just the cost of doing business, kid. They're printing funding fees, not betting on direction. The loss is just a tax write-off.
▪️ Just added another $19.5M in shorts in a 2-hour window. Their short book has been bouncing between $500M and $900M since mid-2025; currently at $598M. They're playing the range, not the price.
▪️ The HYPE short ($141.6M) is paired with spot HYPE buys — same neutral harvest, different token. They're farming everything.

📊 Short position: $783M
📊 ETH withdrawn: $173M
📊 Unrealized loss: $80.8M
📊 Realized profit: $300M+

If you're long ETH, BTC, HYPE, or SOL on Hyperliquid, congrats — you're paying Abraxas's funding fees. This whale isn't betting on a crash; they're collecting the premium from all you leveraged degens. The short book will grow or shrink based on funding rates, not price. Watch for position changes — they've slashed from $760M to $270M before. Don't say we didn't warn you.

🔮 Abraxas isn't predicting a crash — they're selling you insurance and cashing the premium. The real trade is the funding rate, not the direction. You're the mark, they're the house.

@exverse_chat

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