Playmaker Profile picture
Jan 16, 2023 7 tweets 5 min read Read on X
More than 3B $CHZ (35% of TS) were distributed in @Chiliz's private placement in 2018/19.

Although a public list of investors exists, it's mostly unclear which entity received how many tokens.

Thanks to @ArkhamIntel, we might now know one of them and their allocation. (1/7) 🧵
Arkham has labelled *Ceyuan Ventures* as owner of:

0xe4400aa01dfad1d30ff711d27f0e02bbf5b881be

This wallet has received #CHZ from the #Chiliz Multi-Sig Wallet in Feb 2019 at the PP.

2/7
Ceyuan Ventures (CV) is a well known Beijing-based early stage venture capital firm.

Their participation in $CHZ PP is nothing new, only the amount has remained unclear.

Assuming Arkham has done their research right and the wallet does belong to CV, we now know more.

3/7
Ceyuan Ventures has received ~10m $CHZ which is a rather small invest of $200k at a pp price of $0.0215.

It remains unclear to me whether CV has received additional tokens to other wallets.

Since we don't know, we'll focus on these tokens.

4/7
After Ceyuan got the #CHZ in Feb 19, they moved them to #Binance in Dec 19.

We can't further track if/when CV sold them, but CEX deposits often mean just that sooner > later.

Since CHZ traded at $0.0076 at the time, i.e. below PP price, they likely sold later than Dec 19.

5/7
IMO, majority of $CHZ PP tokens has been sold in the 2020/21 bull market *at the latest* incl. CV.

ROI must have been too tempting, as CHZ mooned from $0.0215 up to $0.90.

But: As there are some wallets left holding millions at low PP-prices, I'll keep an eye on those.

6/7
Interestingly enough, Ceyuan Ventures is also a shareholder of Mediarex Group.

Mediarex is the holding company of @Chiliz & @socios, which is 76% owned by @alex_dreyfus.

Given these ties I was surprised about CVs little allocation, yet found this piece worth sharing. 🫡

7/7

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More from @PLMKR10

Sep 20, 2022
How are whales playing the $CHZ rallye? 🧵

#Crypto #Chiliz #CHZ

1/14 Image
Whales still hold large amounts of $CHZ.

🟢 Whales = 67% (6.0B CHZ)
🔵 Investors = 16% (1.4B CHZ)
🟡 Retail = 17% (1.5B CHZ)

It obviously matters what they do.

2/14 Image
Historically, the # of large transactions >100k USD, of course, strongly correlated with the $CHZ price.

Large T/Xs caused high volatility.

We saw peak large T/Xs at $0.90 ATH Apr 21 and at $0.55 Oct 21.

3/14 Image
Read 14 tweets
Aug 31, 2022
📊 𝗖𝗛𝗭 𝗔𝗱𝗱𝗿𝗲𝘀𝘀𝗲𝘀 / 𝗧𝗼𝗸𝗲𝗻 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻

.@Chiliz addresses went 11x from 13k to 144k in the last two years and are at ATH despite the bear market.

$CHZ #CHZ

1/5
Retail investors holding 100-10,000 $CHZ showed the biggest growth rates and are by far the largest cohorts.

2/5
Nevertheless, the token distribution is still largely in favor of larger investors and whales.

3/5
Read 5 tweets
Aug 3, 2022
Did you hear about the massive €100m deal between .@FCBarcelona and .@Chiliz x .@socios ⚡️ $CHZ?

The deal from the perspective of all parties involved. 🧵

1/23
If you missed the deal or want to catch up with the details, read this, and then let's go! 😉

2/23

decrypt.co/106373/crypto-…
🟥🟦 FC Barcelona

Barca receives capital to build their team and reorganize the club's finances.

They also get top expertise for their #web3 expansion.

The deal comes as a surprise, as in March this year tones from Barcelona sounded different:

3/23

coindesk.com/business/2022/…
Read 23 tweets

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