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Institutional Costs:
(1) MicroStrategy: The current BTC price has fallen near MicroStrategy's cost basis: they hold 712,600 BTC with an average cost of $76,037. Unrealized gains are almost fully wiped out.
(2) Tom Lee's Bitmine: Holds 4.243 million ETH with an average cost of $3,849. Unrealized loss of $5.92 billion.
(3) Yi Lihua's Trend Research: Holds 651,500 ETH with an approximate average cost of $3,180. Currently, an unrealized loss of $475 million. Due to leveraged borrowing, these ETH positions have liquidation prices around $1,880.
(4) US ETF investors: Overall average cost price is ar
BTC0,57%
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A strong trend is more worth fighting for than a weak trend; even in death, you should die on a strong trend.
Trends are often driven by scarcity, and because they are scarce, people rush to buy.
So, what is relatively scarce in the AI era?
(1) Energy: power generation assets, electricity rights, transmission and distribution assets, energy storage
(2) Metal resources and bulk raw materials: gold, silver, copper, aluminum, uranium, nickel, cobalt, molybdenum, tungsten, rare earth elements, etc.
(3) Semiconductor manufacturing: advanced process capacity (wafer fabs, semiconductor foundries), li
BTC0,57%
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Some observations and wild guesses:
(1) Secondary exchanges like Bybit and OKX are suspected to have reached a certain tacit understanding with Solana regarding token listings, with Bybit Alpha and OKX DEX prioritizing support for Solana ecosystem tokens; meanwhile, Binance, Gate, and other exchanges continue to focus on BNB Chain assets.
At the same time, Solana itself is trying to transform its entire chain into an on-chain CEX, beginning to introduce assets from other public chains so users can directly trade assets from other chains on the Solana network; it is also introducing tokenized s
PENGUIN21,27%
SOL0,48%
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