OnChainDetective
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From Joke to $20 Billion: The 12-Year Magical Evolution of Dogecoin

Dogecoin was originally created as a joke project by Billy Markus and Jackson Palmer in 2013, and has now become the world's ninth largest cryptocurrency with a market capitalization of $22.56 billion, symbolizing the bizarre and magical nature of the market.
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ser_aped.ethvip:
LOL, the joke coins from back then now have a market cap of over 20 billion. No wonder so many people are all in on meme coins.
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A major exchange's contract account is suspected of leaking image information in advance. The official response is that an investigation is underway.

A major exchange’s contract account saw someone using the tweet’s attached image to launch a token just one minute before the tweet was published, drawing industry attention. The official account has deleted the tweet and stated that an investigation is underway. If this incident involves internal information leakage, it could have a significant impact on compliance.
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CexIsBadvip:
One minute early? This is blatant, no way the insider can get away.

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Yet another round of "internal review" excuses. When have we ever seen a real investigation deliver results?

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It's all recorded on-chain and they still delete tweets, do they think we're blind?

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This is the conduct of a top platform? I’m telling you, it’s bound to collapse sooner or later.

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One minute... I just want to know how this guy is going to explain it.

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If no one gets punished for this, I’ll just laugh—it’ll all have been for nothing.

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Compliance, compliance—they talk about it every day, but there’s never any action.
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The Old Account of 1,500 BTC: How Did the Borrowing Agreement of the Past Become a Rashomon Today?

[BlockBeats] Today I saw Star post a rather thought-provoking update.
Here's what happened—someone who co-founded Moore Threads borrowed 1,500 BTC back in the day, and the matter has dragged on for several years. The agreement was clearly written: signed at the end of 2014, supposed to be due by the end of 2016. But then the other party said “personal reasons, need to postpone,” and in March 2017 another contract extension was signed. The guarantor was arranged, and the contract was officially stamped.
But this time, Star didn’t stay silent. Maybe he’s really tired of waiting—after all, 1,500 coins at today’s price... that’s a scary number.
What’s interesting is Star’s own attitude. Instead of lashing out in anger, he said, “You can’t always live in negative emotions, let the law handle the debt, I wish every entrepreneur well.” It sounds calm and collected, but you can sense the helplessness beneath the surface—the complex emotions that come with a collapse of trust.
The crypto circle isn’t big; you’re bound to run into each other again.
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ContractTearjerkervip:
1,500 coins, how much would that be? The more you think about it, the scarier it gets.
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The Secret Behind a Market Value of 300 Billion: The Crypto Stories of Moore Threads' Founder

[Chain News] Moore Threads, touted as the “No.1 Domestic GPU Stock,” debuted on the STAR Market on December 5. Its opening price soared 468.78%, rocketing from the issue price of 114.28 yuan to 650 yuan, and its total market value instantly surpassed 300 billion yuan. A-share investors celebrated wildly, with each winning lot netting a profit of 267,000 yuan, E Fund posting an unrealized gain of nearly 1.9 billion yuan, and early investors like Tencent and ByteDance seeing returns of over 35x. One investor, Peixian Qianyao, even achieved a staggering 6,200x return.
But behind this glamour, co-founder Li Feng’s dark past in the crypto circle has been exposed.
Back in 2017, Li Feng teamed up with crypto heavyweights like Li Xiaolai and Xue Manzi to launch a project called “Malegecoin” (MGD), which claimed to be “the first blockchain performance art in human history” and raised 5,000 ETH through crowdfunding. The whitepaper was full of hype—boasting a star team of CEOs, CTOs, CFOs, PhDs, overseas returnees, and investment banking elites. The token
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NFTFreezervip:
Is a 6200x return real? I can hardly believe that number.
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Generation Z, Unable to Afford Homes, Is Using Cryptocurrency to Fight "Economic Nihilism"

[BlockBeats] On December 7, an article about the situation of young people in the United States attracted attention. It discussed how Generation Z, faced with the reality of being unable to afford a home, has begun to exhibit a kind of "economic nihilism"—if buying a house is out of reach, what's the point of saving money?
This shift in mindset is directly reflected in three behaviors: a sharp decline in the willingness to save, weakened motivation to work, and more funds flowing into high-risk speculative markets such as cryptocurrencies. The logic is simple—after the traditional "save money–buy a house–stability" path is blocked, young people begin to seek outlets that provide stronger immediate feedback. The crypto market happens to fill this psychological gap.
Interestingly, young people who still believe they will "one day be able to buy a house" display completely different behavioral patterns. They are still actively saving and making long-term plans, because having a goal is the strongest motivating factor. Whether or not you believe in the future directly determines the choices you make now.
The policy recommendations mentioned in the article are actually quite pragmatic: loosening
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GateUser-26d7f434vip:
Even trading cryptocurrencies makes it hard to buy a house.
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Bringing up tulips again? Analyst: Bitcoin is nothing like them

[Bitpush] Recently, some people have been comparing Bitcoin's pullback to the Tulip Bubble again, but Bloomberg's senior ETF analyst Eric Balchunas directly refuted this.
His point is quite interesting: tulips only boomed for three years in the 17th century, and once they crashed, they were completely done. Bitcoin? This thing has survived 6 to 7 major crashes, and every time it bounces back to hit new highs. It's been going strong for 17 years and is still kicking.
The data speaks for itself—up 250% in the past three years, with a 122% surge just last year. This current drop? Frankly, it’s just giving back some gains after last year’s big run. Even if 2025 is flat or slightly down, the long-term annualized return rate can still stay around 50%.
Eric especially emphasized one point: the only real similarity between Bitcoin and tulips is that neither produces yield. But does gold, a Picasso painting, or rare stamps produce yield? They’re still treated as treasures all the same.
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VitalikFanAccountvip:
牛市才刚开始
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After BTC fell below 90,000, what signal did this on-chain indicator reveal?

Bitcoin recently dropped to $89,700, but on-chain data shows that the SOPR ratio has fallen to 1.35, indicating that the "old coin sell-off" has basically ended. The profit gap has narrowed, the market has undergone a "washout," which may suggest that selling pressure is reaching its bottom. If 1.35 holds, it could form a local bottom and set the stage for the next round of gains.
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NewDAOdreamervip:
Hmm... The old coins have finally been almost all dumped. This round of shakeout is probably nearing the bottom.
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Mysterious Whale Exposed: Two Accounts Hoard $430 Million! In-depth Analysis of ETH, XRP, HYPE Portfolio Structure

The latest data shows that a whale has accumulated over $430 million in crypto assets through associated addresses, with ETH making up the majority. This demonstrates strong confidence in Ethereum. The whale has also allocated funds to XRP and HYPE, possibly for risk management or concealed holdings. Such moves are worth paying attention to.
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XRP0.19%
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CryptoCrazyGFvip:
Damn, 430 million just dumped in, this guy is really playing big.

Wait, what's going on with HYPE, is this a bet on some new narrative?

Splitting into two wallets—is he really that scared or just trying to keep it hidden, haha.

Keep a close eye on this whale, when it moves, we follow and profit.

Over 70 million XRP, looks like some people still believe in the compliance narrative.

Over 300 million ETH, that's some serious confidence... the question is, when will they dump?
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$243 Million Major Case Cracked? On-chain Tracking Pinpoints Genesis Hacker's Hideout

In last year's shocking Genesis theft case, the hacker Danny Michi, who made off with $243 million, may have been tracked down in Dubai. On-chain investigators discovered an Ethereum wallet matching assets seized by law enforcement, demonstrating how transparent blockchains facilitate the tracking of criminal activity.
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TopBuyerBottomSellervip:
Oh my, this guy still dares to have fun in Dubai? A quick check on the blockchain exposes everything—blockchain really is a nightmare for wrongdoers.
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After Bitcoin's sharp drop, have those "Bitcoin-hoarding listed companies" lost their wealth secrets?

Recently, publicly listed companies holding Bitcoin have encountered difficulties, with their stock prices plummeting and even experiencing price inversion. A large number of leveraged positions have been liquidated, market panic has intensified, and it will be difficult to reverse the situation in the short term.
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BTC-0.43%
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AirdropDreamervip:
Ha, now those listed companies that hoarded coins to fleece retail investors have crashed too, serves them right.

Still want to raise funds to buy coins when it's inverted? Existing shareholders must be really blind to go along.

Forced liquidations going off like crazy, this pace is really intense, looks risky in the short term.

This is the price of the leverage game; only after losing this round will people wake up.
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LINK encountered resistance at $14.9 and pulled back. Even though whales aggressively bought $22 million, they couldn't stop the retail selling pressure.

Recently, the price of LINK was blocked near $14.9 and has retraced to $13.63. Although large holders are actively buying, intense selling pressure from retail investors has resulted in sell orders far exceeding buys. The current situation is delicate; if large holders continue to increase their positions, a breakout above $14 is possible. Otherwise, the support level may be near $12.7, and the outcome of the contest between both sides remains unpredictable.
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MetaMiseryvip:
Even whale buying can't withstand the retail investors' selling pressure. What does this mean... Retail investor sentiment has really collapsed.
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Soluna Holdings raises $32 million, continues to bet on Bitcoin mining and AI computing power

After its listing on the US stock market, Soluna Holdings successfully raised $32 million, planning to use the funds for daily operations, project investments, and the continued development of its Bitcoin mining and generative AI businesses, further increasing its investment in the high-performance computing sector.
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ConfusedWhalevip:
$32 million invested in mining and AI—this pace is really not slow.
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