Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Lookonchain Profile picture
@lookonchain
Nov 14, 2022 • 10 tweets • 8 min read • Read on X
Scrolly
1/ $USDD is not safe!

#USDD has been depegged since Nov 9 and has not returned to the peg!

#USDD reserves decreased by 548M $USDC

Justin Sun used the 350M $USDC in the reserve to repay the loan in #Justlend.

The real Collat. Ratio is only 50%!

Here is some evidence.👇
2.
#USDD has been depegged since Nov 9 and has not returned to the peg!

Now the trading price is $0.9812.

And #USDD accounts for 81.25% of the Curve USDD/3CRV pool.
3.
On Nov 10, #TRON still had 990M $USDD in its reserves, and now there is only 442M $USDC left.

548M $USDC disappeared? @justinsuntron

4.
3 days ago, Justin Sun transferred 550M $USDC from the reserve to 3 addresses.
tronscan.org/#/address/TSF2…
5.
300M $USDC was transferred to the address "TGfWKt" to repay the loan at #JustLend.

tronscan.org/#/address/TGfW…
6.
200M $USDC was transferred to the address "TJkgTC".

Then address "TJkgTC" transferred 200M $USDC to #Binance.

tronscan.org/#/address/TJkg…
7.
50M $USDC was transferred to the address "TUjx6w" to repay the loan at #JustLend.

tronscan.org/#/address/TUjx…
8.
There is only 442M $USDC left in the reserve, all in #Justlend

But 332M $USDC loaned on #Justlend and only 139M $USDC available.
9.
So the total assets available in the treasury are 139M $USDC and 14,040.6 $BTC ($225M).

A total of $364 M of assets.

But the total supply of $USDD is $725M.

The Collat. Ratio is only 50%!
10.
We also found that Justin Sun withdrew 170 M $USDC from #Binance and transferred to #Circle 9 hours ago.

To exchange for USD cash? @justinsuntron

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Lookonchain

Lookonchain Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @lookonchain

Lookonchain Profile picture
May 24
What a smart trader!

In just 1 year, his portfolio grew from $23M to $65M, earning $42M!

- Made $60M(+1203%) on $PEPE!

- Made $5.8M(+288%) on $ONDO!

- Made $1.85M(+72%) on $BEAM!

1/ Let's dig into his trades.👇 Image
2/ He spent 2,434 $ETH($5M) to buy 3.97T $PEPE from Nov 2, 2023, to Feb 1, 2024.

Then sold 125B $PEPE for 350 $ETH($1.27M), with 3.84T $PEPE($56.43M) left.

The profit is $60M, with an ROI of 1203%.

He is very smart and sells at a high price every time. Image
3/ He bought 7.55M $ONDO($1.9M) at an average price of $0.26 from Jan 28 to Feb 6.

Then sold 2.56M $ONDO($2M) at an average price of $0.79 on Mar 14, Apr 1, and Apr 2, with 4.99M $ONDO($5.73M) left.

The profit is $5.8M, with an ROI of 288%. Image
Read 5 tweets
Lookonchain Profile picture
May 15
My follower @ShitGemHunter told me that the 95.78M $GME he sold for $136K was worth over $2M at its peak!

He made common mistakes that many traders made and also lost money on multiple coins such as $ANALOS, $BOMO, and more.

1/
Let’s dig into his trades for lessons. Image
2/ On April 23, this trader found that the $GME price was at the bottom via the 30D chart, 1H chart and 1D chart.

So he started buying $GME on #Jupiter, spending a total of $48K to buy 95.78M $GME at an average price of $0.0005.
Image
Image
3/
With the return of @TheRoaringKitty, the price of $GME is starting to skyrocket!

When the profit reached 2x, he sold all $GME for $136K!

But he underestimated the impact of Roaring Kitty and sold too early.

After he sold, the price of $GME continued to rise crazily! Image
Read 7 tweets
Lookonchain Profile picture
May 14
Roaring Kitty(@TheRoaringKitty), a retail trading legend, returns after 3 years!

He once led retail users to drive #GameStop's stock price to soar in 2021, and also promoted the takeoff of crypto memes!

1/
 Learn His Story: The 100x Trading Opportunity You Can’t Miss! Image
2/
 In 2019, Roaring Kitty began to post the view that #GameStop was undervalued and purchased $53K worth of stock.

As he continued to post about #GameStop, more and more people joined him, causing the stock price to rise rapidly.

His stock value turned to ~$48M in January 2021!
3/
In June of 2021, Roaring Kitty posted a video about a kitten falling asleep on Twitter, and then largely disappeared from social media.

Until May 13, he suddenly posted a picture on X of a video gamer leaning forward on their chair.
Image
Image
Read 10 tweets
Lookonchain Profile picture
May 12
A whale lost 1,155 $WBTC($71M) due to a phishing attack on May 3.

A week later, the attacker returned all the funds.

How did it happen?

What should we pay attention to?

1/🧵
A thread tells you the whole story. Image
2/ After the market drop on May 2, this whale spent 29.6M $DAI to buy 502 $WBTC at $58,951.

Then he wants to create a new address and transfer all funds to the new address.

So on May 4, he created a new address and transferred 0.05 $ETH for testing.
Image
Image
3/ The attacker generated many phishing addresses in advance and monitored users' on-chain activities.

When he detected the whale starting to transfer funds, they immediately transferred 0 $ETH to the whale using a phishing address with the same starting and ending letters. Image
Read 12 tweets
Lookonchain Profile picture
Apr 17
Ansem(@blknoiz06) - the best crypto trader who:

170x on $SOL
520x on $WIF
80x on $BONK

Yesterday, he tweeted that the next 100x opp is runes on Bitcoin.

1/ 🧵
Let’s dig into his trading strategy. Image
2/ On Jan 1, 2021, when Solana was still unknown, Ansem opened a position in $SOL at $1.5.

After 11 months, $SOL reached $260, a gain of more than 170x!

Image
3/ On Oct 30, 2023, Ansem tweeted "bonk great coin", and then $BONK skyrocketed!

4 months later, $BONK exceeded $0.000047, a gain of more than 80x!

Image
Read 12 tweets
Lookonchain Profile picture
Apr 2
1/ Crazy!

@LarpVonTrier turned 0.1 $ETH($353) into $8.39M on #Base in just 6 days, a gain of 23,770x!

How did he do it?

Let's learn about his story. Image
2/ On March 27, @LarpVonTrier tweeted that he would be hunting for some #Base gems with an MCap of less than $5K.

The first gem he bought was $KEYCAT(Keyboard Cat)!

At that time, $KEYCAT had been online for 2 days, and the MCap was only $2.2K.
Image
Image
3/ @LarpVonTrier bought 1.3B $KEYCAT(13.16% of the total supply) with only 0.1 $ETH($353).

Then sold 344.7M $KEYCAT for 497 $ETH($1.75M) via 2 wallets.

With 971.2M $KEYCAT(9.71% of the total supply) left in 6 wallets, now worth $6.64M. Image
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(