RunnerXBT Insights
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Market thoughts/commentary of @RunnerXBT
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a lot of VC-backed "next big things" looking to TGE in the coming weeks and months

the usual playbook
1) VCs invest at 100m valuation
2) Retail can buy the pristine new shiny scam at 15b FDV on their favorite CEX
3) Price -50% first few days
4) Retail rekt, VC happy
5) Repeat from step 1)

This is very exciting times for sceptics like myself who profits from front-running the inevitable "mysterious" sellers 🫑

also please miss me with the shit of "but, but VCs are locked" the hell they are
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Petition for Binance to allow more than 200k notional for Pre-Market listings
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in other news, chief grifter Officer Trump was full of shit regarding "having a deal with China"

...
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Forwarded from infinityhedge
*TRUMP: CHINA BECOMING 'VERY HOSTILE,' SENDING LETTERS ON EXPORT CONTROLS

*TRUMP: WILL BE FORCED TO FINANCIALLY COUNTER CHINA'S MOVE

*TRUMP: CONSIDERING MASSIVE INCREASE OF TARIFFS ON CHINESE PRODUCTS
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RunnerXBT
Petition for Binance to allow more than 200k notional for Pre-Market listings
perhaps a new strategy from projects

1) get CEX to list pre-market
2) have it go down -60% during pre-market
3) on TGE a spot chart of the project looks really good & sell-off has already happened

no longer short MON (for now)
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Trumps project, destined for 0
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i go run 100 km ultramarathon and you send the market to smitherines

hope everyone is ok
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XPL went to 0.25

i fucking cant
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this moves on altcoin remind me of May 2021
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multiple altcoins went down 99% πŸ’€

https://x.com/lawmaster/status/1977033239769628725
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RunnerXBT
i go run 100 km ultramarathon and you send the market to smitherines hope everyone is ok
proof of larp, whilst im very proud, i did not see the absolute dumpfest until 16 hours later

expensive hobby, running is )
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would appreciate any and good resources on what exactly happened on Friday night in crypto market

20b liquidated, is there any post-mortem? πŸ™
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TLDR: every single person being above 2x leverage in any altcoin got liquidated? Hopefully yall are ok

but I do agree with this tweet from Alex Kruger https://x.com/krugermacro/status/1977225697375797499

- crypto natives are rinsed (liquidated, dont have much money to buy the dip)
- tradfi will scoop the dip

I do not think yesterdays events do much to ETF inflows and or new ETFs being approved & launched

We also have record amount of new companies (from TradFi / old money) entering crypto space (mostly RE: Stablecoins)
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RunnerXBT
would appreciate any and good resources on what exactly happened on Friday night in crypto market 20b liquidated, is there any post-mortem? πŸ™
are people for the most part blaming exchanges? instead of taking accountability and responsibility for being 10x full networth longs illiquid shitcoins?

i dont mean to come accross as cold-blooded, sucks that people lost money, but every time you are in profit on ANY positions, there is someone out there who is losing money

the game is, quite literally, PVP, no crying in the casino
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as much as losing money sucks, just a raw, honest proof

that this is not a teamsport, or popularity contest, when it comes to money, everything we do in this industry is super PVP

if you made money once and lost it all, you can do it again
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if you had stablecoins/cash available right now

which coins would you be buying TODAY?

please send me a DM with Ticker and Thesis for why, I want to go shopping today or mid-week the latest if there is more context to the China/USA tariffs situation (sigh)
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also call me autistic but everytime we had "BSC season" in recent memory (i.e. CAKE going up) we had the most traumatic crypto event coming up
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Big week, next week ❗️
- biggest ever crypto sell-off happened on Friday (post-market), meaning ETFs and TradFi could not really react in any capacity
- market is digesting/processing what really happened
- potentially more news coming out regarding USA/China ongoing trade war (tarrifs)

Therefore, key few things I am looking out for this week
- CME Open tonight (will show us direction TradFi wants to go - SPX/NQ + Gold)
- Most importantly ❗️US markets open (how will price action be, do ETFs buyer see BTC and ETH as dip-buying opportunities, or do ETFs panic-react to both worsening trade situation with China and crypto sell-off?)
- US Gov is still shutdown so not much macro-data coming out

I already bought few coins, but sized very conservative, because
- Didnt catch generational entries on that liquidation cascade
- Leaving cushion for Monday/Tuesday when I expect the points above to play out
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Imagine losing but part of your networth on Friday due to Trump Tarriff talk

For them to start walking it back just 2 days later

Trump is such fa@@ot, holy shit
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holy fuck man, I am so sorry for those who lost a lot of money in past few days
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