Nguyên Khánh (ngkhanh025)

Nguyên Khánh

Crypto investor | Web3 • DeFi • AI

25 Followers

Recent casts

"I made money, then lost ~99% of it in my first cycle. Never got back to the peak. But I found fulfillment in what remained. Used it to fund public goods like DYOR dashboards (2023–24), then helped adopt 100 kids, and now going all in to support tribal kids. I don’t really have ambition anymore. Just a wish to serve. No big goals, just intent. Less control, more surrender. I travel light, stay where there’s no signal, chant, serve, and flow. And I’m grateful for the emotional rollercoaster crypto put me through. I saw another side of crypto — the cypherpunk side. And as long as I’m alive, I’ll try to live by those values. I don’t know where I’m heading. I’m just having fun. No fear left. This all happened because of crypto. And I believe it can transform others too — if you let the pain pass, fight through it, and find your own way. I hope crypto helps more people break free from the trap of chasing material success and rediscover inner values. "

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unpopular opinion but the memecoin space actually needs cabals again. they got demonized post-libra, but those same groups gave us most of the 9–10 figure runners in 2024. reality is someone always controls supply. that never changes. so the real question is: would you rather it be a cabal with a 7-fig marketing budget and incentive to run it… or some 17-year-olds on fnf dumping on you the second a coin bonds? pick your poison.

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early evening. keys on the table. home feeling like a verb.

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Top casts

BTC orderbook update. Aggregated liquidity delta across spot + futures has flipped back to green. Bids and asks are now roughly balanced. Earlier, delta was ~-$125M (heavy negative), which needed a downside move to reset and neutralize things before any real upside could happen. From here, I’m expecting a move toward sub-$90k, at least a tap around ~$90.9k, before BTC is ready for another push higher. Reset first, then continuation.

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BTC at $94.6k — acceptance is what matters. After liquidity is taken, you want to see BTC *accept* above the range to keep bullish momentum going. What you don’t want is reintegration back into the range. That’s where bullish narratives start to fail.

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MSTR holds ~$59B worth of BTC, yet its market cap is only ~$46B. That’s a ~25% discount to NAV — an $8.8B problem. Why it matters: on Jan 15, MSCI decides whether crypto-related companies get removed from its indices. If that happens, index funds are forced sellers, regardless of price. JPMorgan estimates ~$2.8B of flows tied to MSCI, potentially up to $8.8B if others follow. That’s pure forced selling. MSTR is already down ~66%. If this plays out, the leveraged BTC strategy is under serious pressure.

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what you’re doing right now might not look impressive, but it’s shaping you. that’s not nothing.

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Onchain profile

Ethereum addresses