5 Alpha Tweets - ETH's Uptrend Explained, How Much Bitcoin Has Been Sold & More

Edition 29

Jul 22

Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.

Vitalik wears what he wants, how he wants

1. How Ethereum gets to 100 TPS

The merge is set to happen in mid-late September, and then the next phase “The Surge" begins. Miles puts together a helpful breakdown of the Ethereum key phases. And yes, those phase names are real.

Miles Deutscher @milesdeutscher

.@VitalikButerin claims that #Ethereum will be able to to process "100,000 transactions per second", following the completion of 5 key phases: • The Merge • The Surge • The Verge • The Purge • The Splurge A quick breakdown of what each stage means for $ETH. 👇

2. Thoughts on ETH’s up trend

ETH has been on a tear since briefly heading back down to triple digits. And everyone will be asking the same question right now. What next?

Cumberland @CumberlandSays

Over the past week, ETH quietly rallied 55%. Prices have retraced this morning, but the broader up-trend is intact and it’s worth understanding why 🧵👇

3. Anon says the bottom is in

Some convincing arguments in here. This anon wouldn’t lie to us, would he/she?

DeFi Hashira🔺 @DeFiHashira

Never passing up an opportunity to honor @DegenSpartan Senpai so let me drop some alpha real quick: “Why I THINK the bottom is in” (using price action evidence + macro trends) Credentials: I have been trained in a Central Bank since a young age and I study charts daily 🧵1/x

4. The zkEVM

It’s been the week of the zkEVM, as three different teams announced the release of their respective L2 solution. Some call the zkEVM the holy grail of scaling. Let foobar spoon feed you the info.

foobar @0xfoobar

1/ Explaining the zkEVM - what it is - how zk-rollups compare with other rollup types - the competitive landscape for zk-rollup creators And who really was first 😉

5. Bitcoin selling analysis

The Luna Foundation Guard, Celsius, Tesla, 3AC, miners and every over leveraged degen out there have been selling BTC over the last few months. Vetle has tracked and analysed what happened.

Vetle Lunde @VetleLunde

236,237 BTC. That’s the amount of known selling of bitcoin since May 10th by large institutions. Most of the selling is related to forced selling, and some is not.

And that’s your alpha.

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.

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