KAITO has also started "intense manipulation" 👻
Two new addresses opened a total of $6.94 million in 5x long positions on Hyperliquid early this morning ($7.106 million), becoming the top 1 & 2 largest positions in $KAITO. The margin for both positions came from #OKX.
KAITO has plummeted nearly 20% in the last 24 hours, rapidly narrowing its gains for the month. These two addresses are already showing a paper loss of $991,000. However, the possibility of manipulation by large investors cannot be ruled out. Please be aware of the risks.
Link below 👇
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永赚的希爷丶New💤🎶
08-03 09:23
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🩸 The AI stock market guru collapsed on the eve of a rebound.
Leopold, 24, a former OpenAI researcher and author of the 165-page article "Situational Awareness," saw his net worth increase by 439% in the first half of the year, with his fund reaching $45 billion in early July. Then, on July 30th, he dumped approximately $16 billion of his publicly traded equity holdings at a discount to Citadel, completing the transaction within 24 hours—one of the largest emergency asset sales on Wall Street in recent years.
Even more dramatically, the stocks rebounded 15%-29% the day after the deal. This weekend, he was supposed to get married to Avital Balwit, chief of staff to Anthropic CEO Dario Amodei.
On his wedding night, his account was wiped out.
The SA fund's long positions were concentrated in SK Hynix, Micron, Sandisk, and CoreWeave, all of which fell by more than 35% in July; simultaneously, he shorted software stocks like Adobe, only to be caught in a double whammy of falling AI stocks and rising software stocks.
A 4x leverage turned a bet on the right direction into a massacre due to a flawed timeframe.
SK Hynix was one of the core targets in this AI infrastructure narrative. I wrote about its Q1 financial report recently:
- Revenue: 52.6 trillion won (QoQ +60%, YoY +198%)
- Operating profit: 37.6 trillion won (YoY +405%)
- Operating profit margin: 72%, net profit margin: 77%
- Net cash: 35 trillion won
What does 72% mean? It means making 72 on a 100-dollar sale—that's unreasonable in manufacturing. It's even more ruthless than Nvidia's 65.6% and TSMC's 58.1% in the same period.
So Leopold's mistake was using 4x leverage to bet on a narrative that wouldn't materialize for 2-3 years.
The wedding proceeded as planned. Anthropic's equity remains (SA retains approximately $5 billion in Anthropic private equity), the fund has not been liquidated, but rather underwent a severe deleveraging process.
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Ark Invest Tracker
08-03 07:43
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🚨 This week's spots are fully booked!
Trader Interviews: @LadyTraderRa @bitsofwealth @TonySeverinoCMT @TheChartArtist and other members
Bitcoin/Macroeconomics: @infraa_ @deerpointmacro @Rlad1776 and other guests
Tokenization: @RayBuckton @WOLF_Crypto_X
Please set a reminder below 👇
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WIZZ🥷 ( beware scammers )
08-03 05:48
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At this price, $NPC will create many future millionaires.
Many people just haven't realized it yet.
Just like they missed out on Luna's 1000x increase, FET's 500x increase, and Inj's 50x increase over the past three or four years.
A minority
@NonPlayableCoin
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Mario Nawfal
08-03 05:05
フォロー
🇸🇦🇺🇸🇮🇷 Mohammed bin Salman (MBS) may have averted World War III with a single phone call, and the economic implications behind that call are far more worrying than anyone has reported…
Steve Hanke, a professor at Johns Hopkins University and one of the most followed economists on the X platform, participated in the discussion.
Rumors from the Saudi camp suggest that MBS hinted he would sell off US Treasury bonds if Trump attacks Iranian energy infrastructure and Saudi Arabia retaliates.
Hanke stated that given the current state of the bond market, this rumor is entirely plausible.
The 10-year Treasury yield has already been pushed up by three pressures simultaneously: runaway inflation, Trump's tariff policies, and war itself.
If Saudi Arabia were to sell off its bonds, and China were likely to follow suit, yields could surge to levels that could truly shake the US fiscal situation.
His total cost estimate for the war was $1 trillion, using Brown University's method of multiplying the Pentagon's initial estimate by 25...
The same formula also turned the $200 billion estimate for the Iraq War into a reality of trillions of dollars.
Thanks to @steve_hanke and @WeTheBrandon
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Mario Nawfal
08-03 03:35
フォロー
🇸🇦🇺🇸🇮🇷 Mohammed bin Salman (MBS) may have averted World War III with a single phone call, and the economic implications behind that call are far more worrying than anyone has reported…
Steve Hanke, a professor at Johns Hopkins University and one of the most followed economists on the X platform, participated in the discussion.
Rumors from the Saudi camp suggest that MBS hinted he would sell off US Treasury bonds if Trump attacks Iranian energy infrastructure and Saudi Arabia retaliates.
Hanke stated that given the current state of the bond market, this rumor is entirely plausible.
The 10-year Treasury yield has already been pushed up by three pressures simultaneously: runaway inflation, Trump's tariff policies, and war itself.
If Saudi Arabia were to sell off its bonds, and China were likely to follow suit, yields could surge to levels that could truly shake the US fiscal situation.
His total cost estimate for the war was $1 trillion, using Brown University's method, which multiplies the Pentagon's initial estimate by 25...
The same formula also turned the $200 billion estimate for the Iraq War into a reality of trillions of dollars.
Thanks to @steve_hanke and @WeTheBrandon
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Crypto Ideology ✍🏻
08-03 01:40
フォロー
What is the true value of security in this field?
Data shows that the personal security application market will reach $5 billion to $7 billion by the early 2030s, with a CAGR of over 15%. However, within the entire Solana ecosystem, almost no one has combined truly life-saving practicality with innovative on-chain mechanisms like Garly.
I think we'll never truly understand its potential unless someone actually implements it.
Garly is that person 😊
Those currently holding $GARLY (and those about to join) are not only pioneers, they are setting a new benchmark.
Support this cause by adding a 🧄 next to your X code.
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Andrew Tate
08-03 00:16
フォロー
Respect due process and wait for the media frenzy and behind-the-scenes manipulation to end.
You'll find that Tate has always been innocent.
The greatest figures in history have all suffered from these kinds of legal battles and defamation.
Nelson Mandela
Malcolm X
Donald Trump
I welcome it all with open arms.
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红神
08-02 22:32
フォロー
Why did I use Binance before? Back when Huobi was still around.
The biggest reason was that Binance offered altcoins with potential for 100x or 1000x returns, giving retail investors hope.
Now, although Binance, as some have pointed out, has everything, it also means it lacks a unique selling point.
The core element—the get-rich-quick effect—is gone. In the US stock market, many people go bankrupt, but few become rich overnight.
Of course, Binance is larger and more compliant, but it's also more geared towards becoming a cryptocurrency investment exchange.
It used to have an alpha payout effect, but that's gone now.
This shows that the cryptocurrency industry as a whole is currently like this; the potential for profit is diminishing.
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Frank Chaparro
08-02 21:57
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Investors are rewarding protocols that deliver tangible returns, demonstrate sound capital allocation, and show steady growth in token value for holders.
Grayscale's perspective: Look for projects where "business-level success systematically translates into token value."
Financial metrics year-to-date: Up 2x from 95 to approximately 195.
Consumption and culture metrics: Down 58% from 95 to approximately 40.
Fundamentals ultimately prevail.