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Larry Cermak Profile picture
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12 May, 17 tweets, 5 min read
Vitalik is starting to dump dog tokens.
etherscan.io/tx/0x6ee1174e0…
He got 322.8 ETH out of it or about $1.3 million. This is a pretty crazy move
And he is dumping more.

Transactions:

1. etherscan.io/tx/0xa56e67e1f…
2. etherscan.io/tx/0x37a4ebb44…
3. etherscan.io/tx/0xbd57b2abc…
And another one: etherscan.io/tx/0xc8177ef32…
And another one etherscan.io/tx/0x917d3c9af…

He is rugging AKITA lmao
LOL now he is approving SHIBA and gonna start selling now etherscan.io/tx/0xc1db1625d…
The funniest thing is that Etherscan is basically down. Looks like too many people are using it right now
Now selling SHIBA and donating some AKITA to gitcoin

etherscan.io/tx/0xfa76a53a1…
And selling more SHIBA etherscan.io/tx/0x9bd2ec874…
What's really interesting is that everyone is trying to short the illiquid perps on FTX and there isn't enough size lmao
Constantly dumping more and more SHIB. Total rug

etherscan.io/tx/0x65330afc2…

etherscan.io/tx/0x9492df71b…

He will sell until there is liquidity
13.3k ETH ($55 million) was sent by Vitalik to Coinbase.

etherscan.io/address/0x7cf2…
Now he is approving ELON tokens and will start dumping etherscan.io/tx/0x0fcb7f6df…
Funny that his Uniswap transactions are starting to fail
This is an inaccurate assumption. He is sending illiquid tokens that are virtually impossible to liquidate at the moment
Looks like he has stopped as all new tx's started to fail
Looks like @ChainLinkGod is a fan

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More from @lawmaster

Larry Cermak Profile picture
12 May
The implications of this are going to be really interesting. Vitalik 100% rugged these meme token investors. They would be rugged regardless later don't get me wrong and by much worse intentioned people but still... Wouldn't be surprised if this leads to lawsuits
My guess is that he did this because it clogged Ethereum and caused gas to be consistently above 400. Uniswap swaps were $300+ because of these tokens and they were quite literally useless. Ethereum was unusable and led to really shitty activity.
Of course he didn't do anything illegal. It was his tokens that he was gifted but that doesn't mean that people won't go after him with dumbass lawsuits
Read 7 tweets
Larry Cermak Profile picture
10 May
This dumbass token SHIB and all exchanges listing it really set a bad precedent. Now these new SHIB copycats are quite literally rekting Ethereum's gas fees. Look at the most recent blocks and transactions with the highest gas. It's all these meme tokens
I don't have the exact numbers on this but anecdotally these new Doge copycats are taking a shit ton of recent block space and causing gas spikes to 300+

1. KISHU
2. ELON
3. SHIH
4. CoShi
5. BHIBA

And many others. Gonna end really badly
There are so many transactions like this.

$200 swap
$165 in fees

Is this someone propping up fees or just idiots who don't understand fees?
Read 5 tweets
Larry Cermak Profile picture
7 May
Glorified AWS full of buzzword jargon spending millions to do a cringe imitation of an Apple event
Does anyone actually like this? Genuinely curious
ICP to have ~26% circulating supply on Day 1. LMAOOOO
Read 4 tweets
Larry Cermak Profile picture
6 May
An update on one chart that I think shows retail participation the best. Now comfortably already higher than in the 2017 mania. We had more than 300k new weekly Twitter followers of exchanges two weeks ago while the last cycle's top was 250k.
One thing to notice from the chart is that rise is much more gradual vs. a massive spike like we had last time. That's much healthier. When I last posted the chart I felt super comfy because it wasn't retail driving the prices but institutions. Not so sure about that anymore
You know what they say "signs of froth are indistinguishable from mass adoption." But for me it's time to play a little more defensively than a few months ago. We could go much much higher of course but for me it's time to protect the capital a little more
Read 4 tweets
Larry Cermak Profile picture
6 May
There is roughly 469 million of ICP tokens at genesis. FTX's ICP perp (which is pretty liquid) is now trading at ~$230 meaning that the FDV would be around $108 billion - about a fourth of Ethereum and three times larger than Polkadot. Fun!

Yea yea FDV is just a meme I know
May I also remind you that Dfinity launched a demonstration of "an open version of LinkedIn" last year called LinkedUp. Now the underlying platform is trading at hundreds of billions.
Fwiw I'm not advocating shorting anything in this market and especially when all exchanges are going list this thing immediately after it goes live. I do believe Dfinity will be irrelevant within a few years but shorting this with leverage now would be braindead
Read 4 tweets
Larry Cermak Profile picture
5 May
v3.app.uniswap.org/#/swap
LOL site is down Image
Go nuts apes
Read 4 tweets

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