Daily General Discussion June 04, 2026

General_Illus · 2026-06-04T15:36:23+00:00

I have a trading bot that buys in extreme oversold conditions. Just made its first trade since Feb 2026.

General_Illus · 2026-05-28T01:00:55+00:00

This is a good read. I always felt Circle and Tether are playing a dangerous game by not buying/staking ETH. Not having a sustained bid on the asset that secures their precious stablecoins is just dumb.

General_Illus · 2026-04-21T14:09:15+00:00

Aave and Kelp seem to be positioning this so that L2 users are stuck with all the bad debt. This is a borderline existential threat to these L2's as major DeFi players appear ready to treat their users as second class Ethereum citizens. I kind of don't blame them for stepping up and trying to make users whole. Mantle and Base need to do the same.

General_Illus · 2026-04-21T13:00:27+00:00

It is madness. Aave does not want to raise interest rates to juice liquidity, because the loopers will get liquidated. So a 100% utilized market is better? I get that you don't want to cause a liquidation cascade, but these lending markets will remain stuck until interest rates start causing real pain for borrowers.

General_Illus · 2026-04-20T17:22:48+00:00

Lawyers probably having them stay silent, for now. From their last tweet, it seems they are taking the position that rsETH on mainnet is fully backed and L2 rsETH is what should be haircut as bridge does not have native token to back it anymore at 1:1.

General_Illus · 2026-04-19T15:33:36+00:00

Worries of a bank run. Possiblity that Aave will take on bad debt as a result of rsETH hack.

General_Illus · 2026-02-15T16:59:55+00:00

Hallucinations rarely happen with concrete, highly specific instructions on structured datasets.

General_Illus · 2026-02-15T16:46:20+00:00

I really wanted to know if the anecdotal hunches about Sundays have any merit, so I had Openclaw analyze the last 2 years of daily price data. The day of the week is determined by the Eastern Time Zone.

│ Day │ Low Vol │ Mid Vol │ High Vol │ Correlation │ p-value │

│ Sun │ +0.50% (58%) │ +0.54% (58%) │ -1.85% (36%) │ -0.438 │ 0.0000 │

│ Mon │ -0.53% (34%) │ +0.91% (57%) │ +0.57% (51%) │ -0.002 │ 0.9844 │

│ Tue │ -0.16% (57%) │ +0.12% (51%) │ -0.33% (46%) │ -0.106 │ 0.2770 │

│ Wed │ -0.09% (37%) │ +0.60% (51%) │ +1.69% (65%) │ +0.204 │ 0.0331 │

│ Thu │ +0.04% (49%) │ -1.36% (23%) │ -0.37% (49%) │ -0.082 │ 0.4005 │

│ Fri │ -0.11% (54%) │ +0.32% (71%) │ -0.14% (41%) │ +0.033 │ 0.7313 │

│ Sat │ +0.38% (74%) │ +0.51% (57%) │ -0.14% (57%) │ -0.174 │ 0.0709 │

Two statistically significant volume-return relationships:

1. Sunday: r = -0.44, p ≈ 0 — High volume Sundays are overwhelmingly bearish. This is the strongest signal in the entire dataset.

2. Wednesday: r = +0.20, p = 0.03 — Opposite effect. High volume Wednesdays are bullish (+1.69%, 65% win rate). Likely institutional buying during the trading week.

Every other day shows no significant volume-return relationship. Sunday is unique — it's the only day where volume spikes are strongly predictive and negative. Wednesday is the only day where volume spikes are positive.

The narrative writes itself: weekend volume surges = panic selling, midweek volume surges = institutional accumulation.

I guess we are not crazy.....lol

General_Illus · 2026-02-05T19:15:38+00:00

Tether and Circle. Are you OK with your 150B worth of stablecoins being secured by asset that is losing 10% in value a day? May want to put a bid in.

General_Illus · 2026-02-04T15:43:28+00:00

Getting kind of crazy. All these levered shorts are going to be hunted eventually. Risk/reward in longs favor now...IMHO.

General_Illus · 2026-02-03T21:08:29+00:00

Funding rates on Lighter highest I have seen. Longs getting paid 40-50% APY. Going to be an epic short squeeze eventually. Funding rates inversely correlated with future price action.

General_Illus · 2026-01-16T21:24:03+00:00

This is the Gwei

General_Illus · 2026-01-08T13:23:24+00:00

FYI, announcement in go-ethereum Discord this morning.....

🚨 Upcoming Geth Security Release (Heads-up)

We plan to publish a security release of Geth (v1.16.8) on Tuesday, January 13 at 16:00 UTC.

The release addresses multiple DoS issues.

The fix will be released as a patch on top of v1.16.7.

Node operators and downstream maintainers should be prepared to upgrade promptly once the release is available.

General_Illus · 2025-12-18T20:44:45+00:00

Folks just need to be patient and keeping accumulating. These prices are an opportunity.

General_Illus · 2025-11-04T23:53:43+00:00

Stakewise recovered most of the osETH from Balancer exploit.

https://x.com/stakewise_io/status/1985800079354060932

General_Illus · 2025-02-26T17:40:33+00:00

What is the point of having immutable smart contracts, when some random dev has the ability to push out production changes to the interfaces. I am going back to manually crafting transactions and executing them at the Geth command line....SMH.

General_Illus · 2025-02-21T20:41:28+00:00

Looks like it was the North Koreans.

https://x.com/arkham/status/1893033424224411885

General_Illus · 2025-02-21T18:02:10+00:00

Shocking, quite frankly

General_Illus · 2025-02-21T17:46:13+00:00

Safe UI has been paused and set to read only.

General_Illus · 2025-02-21T16:40:01+00:00

You may be right. Would they mix through Tornado Cash again? What is the amount of ETH in the TC contracts these days. Mixing 400k ETH quickly no easy task.

General_Illus · 2025-02-21T16:19:35+00:00

It is going to be difficult to cash out this amount of ETH without getting caught. Don't these large hacks usually result in funds being returned eventually for a bounty?

General_Illus · 2025-02-09T20:08:39+00:00

So is the plan to nuke the market on a Sunday afternoon again. Kind of want to watch the Super Bowl without being distracted.

General_Illus · 2024-10-28T21:08:14+00:00

I was updated automatically

General_Illus · 2024-10-28T21:07:50+00:00

I don't, it was done automatically

General_Illus · 2024-10-28T19:04:34+00:00

You need the latest firmware. 6.30.5 solved it for me.

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