Monteluna

@monteluna

435 Following

586 Followers

Monteluna pfp

Crypto bro name a different watch besides Rolex challenge (impossible) https://x.com/blknoiz06/status/1897037369146290206

0 reply

0 recast

0 reaction

Monteluna pfp

As soon as Berachain launched, the bear market started. Coincidence? I don't think so.

1 reply

0 recast

1 reaction

Monteluna pfp

Everyone hates the good typescript folks until there's a trillion dollar form validation error. 😅

0 reply

0 recast

0 reaction

Monteluna pfp

Why is Miami gegenpresssing? They are up 3-0. 😂

0 reply

0 recast

0 reaction

Monteluna pfp

Inter Miami looking strong without Messi. I still think he won't play more than 15 MLS games. They have 17 games and I think they will limit him to only home games. Sucks but he's at that age.

0 reply

0 recast

0 reaction

Monteluna pfp

FatManTerra suggesting what I don't think anyone wants to say out loud because it's good for our bags. https://x.com/FatManTerra/status/1896226504876671273

1 reply

0 recast

3 reactions

Monteluna pfp

NFA but... If you want exposure to the upside in the ecosystem of ETH, I have 2 thoughts: 1. Buy Coinbase stock. They already have an L2 and are leading in capturing value on the chain. 2. Buy Meta stock. A classic thing in business is a leading company throws a billion to take market share. Zuck can't be this stupid to not be working on an L2 at this point. He can be the Standard Oil of Ethereum and just eat all the competition if he wants to. He wakes up and snaps a finger to launch the Whatsapp/Instagram L2 chain with deep integrations, and no one will ever use Venmo or any bank ever again. ZuckBucks for everyone. I seriously predict the Ethereum story in the next 5 years will be Meta vs. the field (Base, Op, whever else). These two companies can totally afford to make their rollups completely free as well as they compete for liquidity and market share. ETH will be $0, but everyone will use it. https://x.com/wagmiAlexander/status/1895956640127647901

1 reply

0 recast

2 reactions

Monteluna pfp

Everyone should own 0.1 ETH. And that's it because its destined to be down only, and you only need that much for gas the rest of your life.

2 replies

0 recast

2 reactions

Monteluna pfp

The reason why AMM LPing is great is it *forces* you to hold cash. Professional traders who survive multiple cycles do two things extremely well: 1. They buy when there's a crash. 2. They sell when things are going up. This sounds easy, but many people simply do not have the conviction to sell 40% of their stack into cash and sit on their hands. The smart traders do.

2 replies

0 recast

3 reactions

Monteluna pfp

"I work in alternative finance".

0 reply

0 recast

4 reactions

Monteluna pfp

There are a ton of "foundations" from the ICO boom that are effectively trust funds for the founders. They don't do anything, they don't really have any products. Status is for example one of them where original ICO participants have no recourse due to the structure of the foundation to just give us back our money. I want a 1980s style corporate raiders to go after these shadow funds, and would love if the lawyers got involved. Maybe there should even be a DAO where people raise funds to hire lawyers to go after them. https://x.com/eshita/status/1895173940718510536

1 reply

0 recast

4 reactions

Monteluna pfp

Kain spelling out exactly what I've been saying for a long time: There's absolutely no reason to hold ETH. You can hold any other yield bearing asset on Ethereum, and make a case for it, but you cannot make any case ever for holding pure ETH. https://podcasts.apple.com/us/podcast/speculation-that-unites-us-and-divides-us-in-crypto/id1671489227?i=1000694167957

1 reply

0 recast

2 reactions

Monteluna pfp

If some of you used manual yield tools instead of trying to trade, you would probably not be losing money. Some ideas: - MaxAPY - @velodrome x Mellow managed CL pools - Yearn still works but I guess some of you zoomers don't even know what Yearn is.

1 reply

1 recast

6 reactions

Monteluna pfp

Unrequested advice: I have been using Operator to use Dune and collect data across various dashboards. One of the annoying things has been certain dashboards do not have public query information. Its been a little bit if a headache but once you get the prompt right, it works great. I've also used it for various data collection tasks across Dune, DefiLlama, coingecko, etc. Its way faster to generate a "browser macro" to pull some of these tasks and argue with prompts once, because once its done, its completely reusable. I definitely think every analyst should get the ChatGPT pro at least right now because its just a force multiplier for a relatively low cost.

0 reply

0 recast

1 reaction

Monteluna pfp

The devs are cooking. 👀 https://x.com/wagmiAlexander/status/1893681953942945996

0 reply

0 recast

0 reaction

Monteluna pfp

"After the past four years pouring money into a European war, and protecting European borders while European regulators robbed our companies blind, what exactly is the relationship we’re meant to be preserving? What, dare I ask in 2025, are we getting out of this “relationship”?" https://www.piratewires.com/p/sucks-to-eu

2 replies

0 recast

2 reactions

Monteluna pfp

If you treat the entire crypto market as one balance sheet, it's kind of bizarre when any particular news event calls certain news "bearish" with a small dip. The reason is most of the liquidations convert to stablecoins, so value is being transfered from leverage traders to leverage suppliers. This is just a risk swap, but the overall balance sheet of crypto means the stablecoins have just changed hands. They weren't created or destroyed. The overall balance sheet does not expand or contract in these deleveraging events, so the overall crypto economy is stable. As long as stablecoin TVL keeps going up, this means were just *expanding* activity. The price can go down 50%, but as long as its just a value swap between people onchain, its actually not bearish at all. This is why I'm more interested in stablecoin metrics for protocols. Price is a meme, but expanding the balance sheet is a direct measurement of onchain activity.

4 replies

1 recast

10 reactions

Monteluna pfp

"With its TVL surging past $3.26 billion, the network has surpassed popular networks, including Arbitrum, which has a TVL of $2.9 billion, and Base, with $3.24 billion. The blockchain now holds 2.98% of the value locked in the entire DeFi space and has the sixth-largest TVL." https://cointelegraph.com/news/berachain-defi-tvl-3-billion-passes-base-arbitrum

3 replies

0 recast

3 reactions

Monteluna pfp

I am keeping an eye on data, and the numbers have a big theme: Most protocol TVLs on it are more than the market cap of the protocols themselves. This is a complete mispricing since you can assume a CAPM, and roughly guess the token holders capture fee streams. Many of these protocols are also emitting tokens and there aren't any sellers... at all. The market caps are only *slowly* expanding, while TVL keeps growing.

0 reply

0 recast

4 reactions

Monteluna pfp

I'm a Type 5 (The Investigator)! Check out your own Enneagram analysis by pressing the button below.

0 reply

0 recast

3 reactions