A wallet has deposited a total of 732.20 ETH ($2.43M) into Tornado Cash over the last 24 hours and is still holding $2.8M.
Most of the funds were bridged from the TRON blockchain, with only one hop from Huione, an entity that has been sanctioned by multiple agencies, including OFAC and FinCEN.
The Huione Group has been identified as a laundering conduit for illicit funds, including proceeds from pig-butchering scams and transnational criminal organizations (TCOs).
Unfortunately, I'm meeting more and more people in Web3 who mention they have problems with sleep.
I also do.
After two courses of antidepressants and several episodes of acute insomnia, here's something I want to share with my fellow CT friends:
1. Don't underestimate this. Bad sleep will ruin your life.
2. Insomnia is heavily associated with stress. CT has a culture of "you win if you work on holidays/weekends." This strategy is cool short-term but destructive long-term.
3. My insomnia improved only after visiting a doctor and receiving meds + therapy. Melatonin, etc., are like honey vs. angina if your insomnia is a symptom of something bigger (anxiety/depression).
4. If you are trading, maintain trading hygiene. No checking charts at night. Start using SL & TP. If you miss out on a weekend opportunity, that's okay.
5. Sleeping hygiene works.
6. No work 2+ hours before going to bed works.
7. Having routines to fall asleep (I listen to criminal podcasts) works.
I post this because at some point, I thought my sleep issues were temporary and kept working 12h/day, ignoring body signals.
But at some point, the only thing I wanted was good sleep, and I was ready to pay any amount for it.
Take care of your mental health. It's a very important investment.
PS: Inspired by an insight that one of the most viral tweets in X this month is a tweet on insomnia from @RachelZader.
For now, short term holders (STHs) remain highly sensitive to market fluctuations, even if the current move can be classified as a technical rebound.
👉 Some appear to be taking advantage of this positive price action to already realize profits.
As price approaches their realized price, currently around $102,000, their behavior seems to be increasingly focused on capital preservation.
On January 6, as BTC reached $94,000, a price level that had not been revisited since mid November, STHs sent more than 30,000 BTC in profit to exchanges.
💥 This behavior was even more pronounced yesterday, with over 40,000 BTC in profits sent to exchanges as BTC broke above $97,000.
STHs remain clearly impacted by the recent correction, and it seems that more upside and stronger confirmation will be needed to rebuild confidence and generate enough unrealized profits to encourage them to hold rather than sell.
> Structure is improving, not deteriorating. > Leverage has been flushed, not rebuilt excessively. > No major distribution signals present. > Macro indicators say there is room left in the cycle.