
Base 🟦 Web3 explorer, Trader, Creator.
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Make it on Base! @jesse.base.eth @baseapp.base.eth @aneri.base.eth
GM ☀️ Another day, another chance for crypto to surprise the world. Liquidity rising, momentum building, charts tightening,something big is brewing. Stay early. Stay sharp. Stay bullish. 🚀
Tom Lee invested $15 billion in ETH over the last eight months. His portfolio is currently down over $6 billion. An exit now would cause roughly a 5% price impact, locking in nearly $7 billion in losses. ETH would need to reach $7,000 just for him to break even. A brutal example of size risk.
JPMorgan has migrated its tokenized deposit product, JPM Coin (JPMD), from its internal permissioned blockchain Kinexys to Coinbase’s Ethereum L2 network Base, in order to meet institutional clients’ needs for payments, collateral, and margin settlement on public blockchains.