林晚晚的猫

Woke up to find an extra 1BNB.

This is Binance Square's real-money support for creators who love writing.

Thank you, Ying Ge, for picking Lin Wanwan's post.

Binance Square has been very active this year,
and I've been closely observing the ecosystem's development
and the underlying considerations.

Binance Square seems to be aiming to become a 'crypto Xiaohongshu',
and I highly recommend everyone try posting here
and get a feel for it.

Embrace change.

Tom Lee is still impressive.
Vitalik Buterin and Sam Altman appeared together at the BitMine shareholders' meeting.

These two individuals almost represent the two extremes of the crypto and AI worlds,
and now they've been brought together by the same cryptocurrency stock,
creating a rather surreal atmosphere.

First, let's see why Vitalik came.

BitMine holds 4.1 million ETH, accounting for 3.4% of the total circulating supply, making it the largest Ethereum vault on Earth. The founder of Ethereum personally showing up to endorse a major ETH holder—there's definitely something subtle about this.

Late Late recalls that
Vitalik had previously publicly warned such companies might be "over-leveraged," yet he showed up here shortly after.

Now, let's look at Sam Altman, founder of OpenAI.

This one is even more interesting. He rarely speaks publicly about Ethereum.

But back in September last year, BitMine invested $20 million in Eightco, the world's first publicly listed company to include Worldcoin as a treasury asset.

That investment is now worth $214 million, a 10x return.
Worldcoin's founder is Sam Altman.

Being able to bring both of these figures to the event
also indirectly demonstrates that BitMine's backing capital is not just impressive—it's unmatched.

The core agenda of the shareholders' meeting was one thing: increasing the authorized share capital from 500 million to 5 billion.

Late Late translates this into plain terms: Let's keep printing shares to raise money to accumulate more ETH.

But the figure of 5 billion clearly indicates this isn't just about hoarding coins. It's highly likely to involve stock splits, acquiring other crypto treasuries, with all the next moves already planned.

Liquidity in the crypto market is returning.

MSTR, the largest holder of Bitcoin, has just bought over 10,000 BTC again—and this time, the funds didn’t come from the crypto world.

The current problem in the crypto market is simple: insufficient liquidity, there's no money left.

Retail investors who could enter have already entered, and institutional buyers have nearly exhausted their capacity. Relying solely on internal circulation, Bitcoin can't break through to the next level.

MSTR's solution is to act on both fronts: issuing new shares through ATM (At-The-Market) offerings, while simultaneously launching STRC to attract traditional capital.

What is STRC? It's a perpetual preferred stock with an annual yield of 11%, priced at a fixed $100. To Wall Street, this is essentially a fixed-income-like product—pension funds can buy it, insurance companies can buy it, and risk-averse big investors can buy it too.

But where does the money go after it comes in?

All of it is being used by MSTR's founder, Michael Saylor, to buy Bitcoin—$1.25 billion was spent to acquire 13,627 BTC.

What's impressive?

Traditional bond issuance requires repayment, and stock issuance dilutes existing shareholders. STRC sidesteps the first issue, and while ATM issuance causes dilution, the pace is controllable. Opening both channels simultaneously ensures a steady supply of capital.

Now that STRC trading volume has increased and its price has stabilized at $100, Saylor has started a new round of issuance. With trading volumes rising on both sides, it's highly likely MSTR will continue accumulating BTC this week.

The significance of this move: trillions of dollars in conservative capital, which previously couldn't touch Bitcoin—too volatile, too unpredictable, too hard to justify to boards of directors.

Now with STRC, they don’t need to believe in Bitcoin. They just need to believe in the 11% yield.

Liquidity is back. MSTR is about to start making a legend again.

The traffic logic of Binance Square has changed.

Binance continues to strengthen support for Binance Square, upgrading the rules for the creator task board.

According to the official announcement, there are several noteworthy changes:

1. Opportunities for small accounts have arrived.

The previously controversial overall influence ranking has been removed and replaced with project-based rankings, where each project is scored independently. No longer need to compete with big influencers for overall traffic; choose a familiar niche, focus on creating content for that project, and you can earn corresponding rewards.

2. The rules are now more transparent.

The new scoring system calculates points based on publication volume, interaction volume, and trading volume, updated daily at 5 p.m., allowing you to directly see how many points you are behind the top 100. Each project has a daily cap of 340 points, with a maximum of 5 points for interactions and 25 points for trading—rules are clearly laid out.

3. Fake engagement is harder to get away with.

Copying, plagiarism, and purely AI-generated content will result in point deductions. Repeated interactions from the same group of users will lead to disqualification, and a举报 channel has been opened. Previously overwhelmed by bots and studios, now at least there is a channel for appeal.

4. Trading weight is significant.

To rank highly, you can't just post content—trading points carry substantial weight, and only new trades after the event launch count, requiring the use of designated tokens.

It's suitable for those with some trading habits and who are willing to create original content seriously.

Chen Zhi was repatriated to China, revealing an important signal: even if you flee abroad, you're not safe anymore.

Before Chen Zhi was brought back, there was no extradition procedure, no judicial battle, and not even a public statement.

From my perspective, the signal is very clear:

First level: China's long-range fishing capability is far stronger than you imagine.

Even if you've changed your nationality, obtained a Cambodian noble title, hold a diplomatic passport, and have political and business connections, it doesn't help.

Second level: The dual iron fists of capitalism and socialism.

The U.S. seizes your Bitcoin and freezes your London mansion; China brings the person back. Two systems, simultaneously closing in—nowhere to run.

Third level: The rules of the game have changed.

In the past, players in the gray area believed they'd be safe by fleeing abroad—staying neutral between both sides.
Now? Both sides are going after you.

It can replenish the national treasury and demonstrate national strength. Why not?

Clearly, China's long-range fishing has only just begun.

The last day of 2025, MSTR proudly achieved an annual accomplishment:

With an annual decline of over 46%,
It became one of the worst-performing stocks among the Nasdaq 100 components in 2025.

How did I gain 20,000 followers on Twitter in 5 months?

With 3 days left in the countdown to 2025, I discovered that Comrade Lin Wanwan's Twitter account has surpassed 20,000.

Last Friday it was still at 19,000, and this week it has already reached 22,000.

Speaking of which, it all started because my BNB was at 790,
I believed that BNB reaching 1,000 was a certainty,
so I leveraged it 5 times,
writing down my investment logic and getting a reply from CZ.

In October, that tweet about "Binance Life" was replied to again, after a 500-fold surge, I began to try to update daily.
Later, I also gained attention and retweets from Sun Yuchen.

This title is actually clickbait.

The so-called methods of KOLs are discussed very thoroughly by many bosses, I have nothing to add.

I just remembered a saying from "The Naval Almanack."

There are three types of leverage in life: labor leverage, capital leverage, and code/traffic leverage.

Either buy someone else's time, let money generate more money, or achieve zero marginal cost replication through creation.

The third type is just the most inclusive way of this era.

I entered the industry late,
although the lifecycle of KOLs is now in question,
but the wilderness is full of opportunities.

Leverage is about taking advantage, of course, it's not just about traffic.

Crypto is dead, what is dead is the opportunity to become wealthy 1,000 times.
Crypto is still early, from a cyclical perspective, ordinary people still have many paths to Rome.

In a bear market, gaining the attention of over 20,000 bosses,
I am still very happy.

Wishing the bosses who see this,
may all your wishes come true in 2026,
and by the way, earn a few small goals.

Tell a cold joke:

If you bought silver yesterday,
your one day's profit
will exceed that of someone holding ETH for 4 years.

Why does Binance want to create a chat room?

Binance has launched a time-limited task for 'Chat Room Transfer': During the activity period, completing cryptocurrency transfers to different users in Binance chat can earn Alpha points.

With Alpha points to promote, Binance attracts customers with real money.

As for why Binance is focusing on private domains, aside from user stickiness and all that blabla,

I thought of a reason:

The core issue is anti-blocking.

What is the biggest pain point in the Chinese crypto circle?

When a WeChat group disappears, it’s gone, and several groups of 500 people can be wiped out overnight. Telegram is stable, but it requires scientific internet access, which directly blocks more than half of the people.

Binance Square creates its own chat room, no need for a VPN, no need to watch faces; as long as the app can be opened, people won’t disperse.

Who is suitable for Binance's private domain?

1. Project parties.

New projects launching coins, developing public chains, etc., need private domains the most. Public domain advertising is too expensive; in private domains, you can slowly nurture.

2. Signal providers.

Growing followers in public domains, monetizing in private domains. Paid groups, signal groups, Alpha information groups, are essentially private domain businesses.

3. Course sellers.

There are many beginners in Binance Square; those selling courses or providing training can easily nurture organically.

So who will be Liu Siyi of Binance Square?

How to short 'Altcoins' on Polymarket and make $133,000 in 3 months?

I found another player on Polymarket, @filthyBera, who makes money quietly by shorting coins in the crypto space.

38 trades, 95% win rate, made a fortune of $133,000 with a small position.

Entered in September, specifically betting on crypto projects launching tokens,
But he doesn’t buy tokens; he only does one thing on Polymarket: short the FOMO sentiment in the altcoin market.

His strategy is quite simple: bet "FDV won't reach" when tokens are launched.

Let me break down the positions he is currently holding:

1. Inverse bet on FDV bubbles

Almost all positions are "NO":

Can Fogo's FDV break 700 million? Bet NO, entered at 34¢, now 73¢, unrealized profit 114%
Can Based's FDV break 500 million? Bet NO, entered at 50¢, now 84¢, unrealized profit 66%
Can Opensea's FDV break 3 billion? Bet NO, entered at 81¢, now 90¢
Can Metamask's FDV break 3 billion? Bet NO, entered at 67¢, now 84¢

2. Core logic: FOMO is highest before token launch

The market always overestimates the valuation when new projects launch tokens, retail investors' FOMO drives "YES" very high.

But after the actual token launch, 90% of projects' FDV cannot meet market expectations.

3. Risk control: diversification + high certainty

38 trades, the maximum single bet is about $20,000,
Covering multiple popular projects like Fogo, Based, Opensea, Metamask, Lighter, etc.

I personally think he is not insider trading, nor is he betting on a single outcome,
He is just betting on a statistical rule: most projects peak right after token launch.

Currently, the value of the positions is $92,500, total profit $133,000, maximum single profit $54,500.

In summary of his operation: market expectations are always overly optimistic, he is betting that greed will fail.

I named this strategy: "Polymarket version of shorting altcoins", not shorting the token price, but shorting FOMO.

It's interesting to predict the market's contrarian traders, I will continue to explore this tonight.

Zhan Ke's team leader has had a tumultuous fate this year.

In November, the U.S. Department of Homeland Security just listed his company as a "national security threat."

The reason is that there are suspicions that Bitmain, behind Zhan Ke's team, has devices with remote backdoors that could manipulate the U.S. power grid in extreme situations.

A month later, the information regarding Zhan's impacts domestically is basically true.

First, let's talk about Zhan Ke's team.

A tech-savvy guy from a small town in Minhou, Fujian, an undergraduate from Shandong University, and a master's in microelectronics from the Chinese Academy of Sciences.

After achieving success, he donated 50 million to Shandong University, a typical academic overachiever's gratitude script.

Years ago, when boss Wu Jihan found him, it is said that Zhan Ke's team took only 2 hours to read through the Bitcoin white paper and then said: Let's do it.

Now, let's talk about Bitmain.

The entangled relationships are actually not worth mentioning,

The achievements of Zhan Ke's team and Wu Jihan,
In my personal opinion, are destined to be remembered throughout the long history of cryptocurrency.

At its peak, 74.5% of global computing power was controlled by Bitmain.

Bitmain was once the second-largest chip company in China, second only to Huawei's HiSilicon, and was a core customer of TSMC.

Zhan Ke's personal fortune is at least 30 billion, making him one of Forbes' top 100 billionaires.

Moreover, what is most core to Bitmain is not just the mining machines,

The industrial standards defined during Zhan Ke's era, how to discuss electricity prices, how to build high-power data centers, how to arbitrage amidst power grid fluctuations,
are now the most important foundation of AI infrastructure in the U.S.

Including Core Scientific, Riot, and IREN, which supply power to NVIDIA's H100, are all clients of Bitmain.

Now the U.S. has listed him as a threat, and there have been issues on the Chinese side as well.

Two superpowers taking action against one person at the same time.

It's quite surreal.

Investing $500 in Polymarket for two years, earning $700,000?

【Polymarket Top 0.0001% Trading Series】, many friends mentioned last time that they wanted to continue seeing strategies for "turning small positions into big ones."

Tonight, I am breaking down: starting with a $500 small position in 2024, relying on news trading, a trader named Car managed to earn just over $700,000.

Of course, his news strategy emphasizes research-driven insights, and he has two main points in his trading strategy:

1. Let me give a specific example:
Car predicted the 2025 Nobel Peace Prize and achieved a 100x return.

He placed his bet 11 hours before the official announcement, starting to buy at odds of 8 cents (3.75% probability) and it rose to $1.

How did he do it?

Car observed that a user named "dirtycup" suddenly placed a bet of about $70,000 just before the announcement, and two other accounts followed suit, causing the influx to raise the odds from 3.75% to 72.8%.

Combining this with the historical leaks from the Nobel Committee, it was reasonable to suspect insider information. Additionally, there were hints in local Norwegian news, along with a follow-up bet of $65,000 from a newly created account.

The core idea: piecing together news and following clues behind large unusual movements.

To achieve this, I checked, and he spends over $2300 each month to track news: including $2080 for Bloomberg Terminal, $40 for WSJ, $70 for Financial Times, and $200 for ChatGPT.

Another key point in his strategy is to avoid sports events that are "purely volatile and highly random."

He mainly focuses on "slow variable" events: such as tariffs, ceasefires, regulations, lawsuits, and candidate qualifications, where news progresses orderly and is temporarily underestimated by the market, with odds correcting over time.

This is because the timeliness is not high, making the odds easy to underestimate.

Thus, the core track is politics and global events.

In summary, Car is indeed a Top 10 news trader, with two strategic thoughts:

1. Information piecing: cross-media clues to track large unusual accounts;

2. Event mispricing: avoiding short-term high volatility and focusing on long-term issues that bring certainty over time (tariffs, ceasefires, policy, and election nodes).

Of course, from what I've observed, the key to turning a small position into a large one is not frequent trading, but having the courage to place heavy bets during those few times when evidence accumulates.

@Polymarket

Principal 2000u, earn 300,000u in two months? Return rate 150 times.

I previously wrote that on October 21, Polymarket launched a 15-minute BTC up and down market.

At that time, I thought this feature was quite interesting, and the hybrid monster has its own second spring.

Eight days later, a small address entered the market to test the waters.
Fifty-two days later, cumulative profits exceeded $305454.

It’s definitely a bot.

I looked at its trading records, it can place 15 orders in a minute.
Human beings cannot do that.

Currently, my understanding of this bot's strategy is three points:

1. It doesn't buy both sides simultaneously; it buys at different times.

Buy YES when it drops below 35¢; buy NO when it drops below 35¢; enter the market at different time points.

2. The goal is to make the average cost of YES + NO < $0.99.

There is no need to buy at the same second; as long as the final weighted average cost of the position is below $1, profit is locked in.

3. If hedging is unsuccessful, directly close the position and exit without loss.

Core logic: buy low at different times, lock in price differences.

Because in the 15-minute BTC up and down market, there are only two options: Up and Down.

At settlement, correct = 100¢, incorrect = 0.
In theory, Up + Down = 100¢.

But retail investors are emotional and often create wrong pricing. During panic, Up drops to 30¢, during greed, Down drops to 25¢.

So the bot's operation:

Wait for Up to drop below 35¢, buy; wait for Down to drop below 35¢, buy;
Do not buy at the same time, enter the market at different time points;
Weighted average cost on both sides < 99¢, profit locked in;
If no hedging opportunity is found, directly close the position, exit with zero loss.

But to be honest, after studying it, I am not excited anymore.
This kind of bot is not suitable for following trades.

It earns from millisecond-level price differences, with a speed of 15 orders per minute.
By the time you see the opportunity, it may have already eaten its fill.
Following its trades will have you losing while it profits.
However, one thing is certain:

The era of quantification on Polymarket has begun.

In the future, I will continue to dig into this kind of address; if I find something interesting, I will share it again.
@Polymarket

How to get CZ to reply to you?

Just now, CZ posted on Binance Square, providing a template for effective communication with him.

If you want to contact the current CZ, skip the pleasantries and get straight to the point.

Based on my guess, it's highly likely that CZ receives a significant amount of ineffective messages daily, to the extent that it affects normal operations.

Below is the original text from CZ on Binance Square:

CZ's Communication Tips (December 2025)

Be efficient.

Don't be polite. Cut to the chase.
I hate formalism.
I don't chat.
If you say any of the following variants, you will not receive a reply:

"Hello," and then nothing
"How are you?"
"Wishing you a nice day, sir!"
"Merry Christmas, Happy New Year, Happy Birthday, etc."
"Can we have a meeting?" (without providing an agenda)
"Let's discuss an important partnership" (without specific content)
"I want to introduce you to XYZ (an important person)" (without specific content)

You may be recommended to read this article. I am very efficient with my time, even if you might find it rude (sorry).

So, please tell me directly:

I___
I need___ (or) I can provide___
If your first message is too long (over one mobile screen, the font is large for someone like me), it may be skipped.

A few suggestions:
For presentations, please visit the yzillabs webpage
For listings, please apply online at the binance webpage
For buying/selling large amounts of cryptocurrency, please contact the Binance OTC desk.

Do not ask open-ended questions, I usually don't know the answers.
Do not make me interact with certain meme tokens.

For most things, going through me will be slower. I don't do much. I'm basically just a router, a slow router.

Hope you don't take offense. Let's communicate efficiently. Cheers,
CZ

The economy is really bad.

I saw a lawyer say that he received several calls from wealthy individuals,

consulting on how to retrieve the huge assets given to their lovers.

Even the landlord's family has no surplus grain left.