Vitalik Moves $1 Million to Coinbase❓

“Don’t Panic.” ― Douglas Adams, The Hitchhiker's Guide to the Galaxy

In today’s email:

• Vitalik is cashing out $1 million? ❓

• A Bitcoin wallet has accumulated $3 billion in BTC over 3 months

• Friend.tech explained like you are 5

VITALIK

One of the most monitored Ethereum addresses moved $1 million dollars worth of ETH to Coinbase on Monday. While the doom and gloom of the micro market morons just know that Vitalik is cashing out because it’s over, the reality of this is much less appealing. The two moves we see are either Buterin needs to pay his bills or he is going to hop on to BASE chain - making the Monday evening MEGA NEWS a complete non-factor, regardless of his reason.

Not so long ago, Vitalik cashed out a TON of meme coins and the smooth-brained micro market maxis were POSITIVE this would kill SHIB and the other tokens… We all saw how that went.

Ignore the micros and just keep stacking.

NOT BLACKROCK

In other bear market news, it seems that a wallet has accumulated $3 billion in BTC since May. Definitely, not BlackRock, for sure doesn’t add a bit of a basis to our thoughts we shared in our last email about “Elon crashing the price.”

Don’t get played and fooled out of the market; you will regret it the most when it matters.

FRIEND.TECH

The flavor of the week in crypto is the BASE native social network that allows you to buy shares of influencers, personalities, etc. across their network.

Initially, the core features of Friend Tech might seem reminiscent of well-known platforms such as WeChat or Telegram groups. However, what truly sets it apart is the seamless and natural way users become part of and depart from group chats—a fundamental element that characterizes Friend Tech's identity.

Within the platform, users have the option to join specific groups by purchasing a portion of the group through a basic fee. This initial amount acts as a participation cost. If users opt to exit the group at a later point, they have the opportunity to cash in their shares of the group.

Paying for connections? Sounds hot, let’s see if it last.