Adding $WLD here to bet ORBS spiking tonight
Only position right now is just ETH as Bitmine purchase is a significant inflow imo that everyone is still underestimating it by saying that they are just using call option or claiming the institutional purchase at premium was misleading.
1) Even if they are just buying via option, the fact is that they still need to settle it somedays later. They also need to disclose the number of ETH holding at Q3. It would be a disaster if the number they shown on announcement has a big discrepancy with Q3 report.
2) The institutional purchase of BMNR plus warrant is a usual arrangement. The institution can only make profit if BMNR achieves the strike price. It’s definitely not a bearish sales to me.
Btw, i will be in SG till 4 Oct. Dm if u wanna hv a drink or coffee with me.
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