Orbit: Crypto Community Feed

$CORE market is always about a minority making money off the majority, everyone understands this principle, but forgets it once it comes to actual operation. The crypto world isn't about who has bigger faith, it's about who is clearer-headed. How many people have been bottom-fishing all the way and got buried? Think about it, CORE dropped from 6U to 0.02U, a 99.7% drop. How many thought it was the bottom at 0.1 and rushed in, only to lose 80% again? If your current thinking is the same as most retail investors—waiting to break even before selling because the project's fundamentals are good and the whales should be pumping it—then on what basis do you think you are part of the small group making money?

Sitting at a -91.05% floating PnL on a 10x short position for $H. 📉 An irrational entry at an average sub-order price of 0.116 followed recent smooth trades. Volume and supply-demand suggested the intraday high was reached without market maker support. Liquidation price is well controlled with mark price at 0.126. Consolidation around 0.1 and another push by the market maker will bring a huge test. $BTC $ETH

JUST IN: $15 trillion BlackRock reports they're still bullish on Bitcoin despite the -50% decline from its all time high 👀

Uniswap founder says AMM will take over financial markets The founder of Uniswap is painting big pictures again, but this time the vision seems somewhat real. He said that AMM, the automated market maker mechanism, could become the core engine of financial markets in the future. Even stock ETFs on-chain would no longer be quoted in USD but traded directly between assets. This sounds bold, but on closer thought, it makes some sense. Here’s the contrast. We’re used to everything being priced in USD, buying ETH by looking at its price against USDT. But once stock ETFs move on-chain, the market might shift from all assets priced against USD to direct swaps between related assets. This lowers holding risks and market-making costs, giving AMM a chance to penetrate the heart of traditional finance. It’s not crypto catering to Wall Street; it’s Wall Street’s trading methods being reconstructed on-chain. For practical implications, in the short term, this means the DeFi market will expand. Stocks going on-chain means on-chain liquidity must absorb traditional assets, increasing opportunities for market makers and liquidity providers. The logic of LP business will also upgrade. This narrative will repeatedly fuel topics for DeFi tokens in market cycles, but don’t treat it as an immediate benefit—slow adoption has always been an old problem on-chain. Some might say the on-chain depth is just a puddle compared to the NYSE. That’s true, but historically, every financial infrastructure replacement started from a small edge pool. Electronic trading was also mocked by floor traders for a long time. Of course, AMM isn’t omnipotent. Its biggest weakness is slippage when liquidity is insufficient; if the pool is small, a large order can distort prices. Traditional order book matching still has an advantage in depth. So, in the short term, coexistence is more likely than immediate replacement. But the trend is already emerging: stablecoin settlements, RWA on-chain, stock tokenization—once these pieces come together, the variety of on-chain trading will exceed what we can imagine now. In the long run, I believe in this direction. Asset tokenization is a slowing but irreversible trend. Wallets will no longer just hold coins but an entire financial market. Uniswap’s big vision might not be so far-fetched after all. What do you think—ten years from now, will we buy stocks in brokerage apps or complete exchanges with one click in wallets? This transformation won’t happen overnight, but the direction is already coded in.

ETF INFLOWS TURN POSITIVE ACROSS THE BOARD — INSTITUTIONAL CAPITAL IS RETURNING On August 17, ETF flows were positive across multiple assets: $BTC: +$297.56M $ETH: +$30.85M $LINK: +$2.07M $AVAX: +$514.60K The key point is that capital is no longer concentrated only in Bitcoin — it is also expanding into ETH and selected altcoins. Hidden signal: if inflows remain positive for several sessions, this could signal that liquidity is starting to spread more broadly across the market.

Today's OKX market is quite interesting: **The contract side shows a stark contrast, TradFi is generally weak, and the new coin list keeps updating.** First, let's look at the contract gainers: 🔥 PIEVERSE +15.68% 🔥 OFC +12.29% 🔥 GPS +7.42% 🔥 ALLO +7.06% 🔥 COMP +6.60% But on the other side, the decliners are also significant: 📉 KAITO -12.31% 📉 EDEN -11.18% 📉 O -10.00% 📉 AEON -8.48% 📉 OUST -7.38% 📉 SLX -7.15% 📉 BICO -6.41% 📉 PUMP -6.08% The biggest takeaway today is: **It's not a broad rally nor a broad sell-off, but capital is quickly choosing directions.** TradFi is clearly weaker here. xSNDK +0.34% is one of the few showing gains in the screenshot; xSPCX -2.63% xCRCL -0.33% xSKHY -0.62% xMU -1.47% xLITE -2.42% xMSTR -0.56% Also, the new coin list is worth attention. xSNOW, xBOT, xDKNG, xNOW are all entering trading countdown; The already launched xSMCI, xSHAZ, xAPP, xALAB are all in slight pullback, with xALAB down -3.20%. So I would summarize today's market as: **The hotspots remain, but the tolerance for chasing gains is decreasing.** On one side, double-digit surges like PIEVERSE and OFC; on the other, double-digit drops like KAITO and EDEN, indicating the market lacks not opportunities but rhythm. In this market, I pay more attention to three things: **Who is continuously increasing volume, who can withstand pullbacks, and who is just a one-day move.** Fast gains don’t mean a trend is established, and sharp drops don’t mean the bottom is near. Which one are you more focused on today? **PIEVERSE / KAITO / PUMP / xSPCX / xCRCL?** #OKX预言家第二季正式上线 #OKX星球话题来啦 #Strategy上周出售3.34亿美元股票，提高美元储备 For record and discussion only, not investment advice.

$SNDK How exactly is it going to move? What kind of orders are you placing? Neither longs nor shorts dare to enter. So scary…#OKX预言家第二季正式上线 $SNDK $ETH

To all Sandisk folks, bulls, bears, and the big players! Can we all come together and make a move? Everyone lend a hand to push it up this round, and we'll have it! 🙏 The logic behind AI storage is clear: NAND chip market is booming, and long-term contracts are stacked full. Right now, the back-and-forth shakeout is making everyone anxious. Big players, give a little lift; bulls, show some support, let's make a move! Push the market up, and everyone will feast this round, we'll have it! $ETH $SNDK