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- He spent years telling you to buy ETH. Then sold it all
He spent years telling you to buy ETH. Then sold it all
$930M gone, Sui offline for 6 hours, Hoffman exits ETH, and AI agents near your wallet. Let's talk.

If You Have $50k+ on Coinbase, Read This
If you're a digital asset investor with over $50k on Coinbase, this might ruin your day.
Every time you buy Bitcoin, Coinbase takes a cut. Every time you sell, Coinbase takes a cut. When you panic sell at the bottom — cut. When you FOMO buy at the top — cut.
They don't care if digital assets go to the moon or zero. They collect either way.
Visa made $36 billion last year being a middleman. Mastercard made $28 billion. PayPal made $30 billion.
Nearly $100 billion from three companies that don't produce anything — they just sit between two parties and collect.
The middleman always wins.
Tan Gera, CFA Charterholder and ex-Wall Street banker, built the ABN System — a three-phase wealth generating system inspired by BlackRock and used by 4,000+ investors.
At it’s core is fee generation.
Up market, down market, sideways — you collect regardless.
For educational purposes only. Results will vary. DM Intelligence LLC is not liable for losses.
IT WAS A WEEK THAT HIT
FROM EVERY ANGLE
Wars moved markets. A major blockchain went dark. One of Ethereum's biggest champions quietly sold his bags. And researchers are sounding the alarm on AI agents near your wallet. Let's get into it.
📰 TOP STORIES THIS WEEK
$930M liquidated after US strikes on Iran
US military action inside Iran sent shockwaves through crypto markets. Bitcoin dropped below $73K, Ethereum fell under $2,000, and 166,130 trader accounts were wiped out, 93% of them long positions. The single largest blow was a $15.34M Bitcoin long on Hyperliquid. To make it worse, spot Bitcoin ETFs bled $733M in a single day, with BlackRock's IBIT alone accounting for $527M of that.
Bankless co-founder David Hoffman sells his ETH
One of Ethereum's most recognizable advocates sold his ETH holdings, not as a bearish call on the network, but as a reassessment of how value flows through it. Hoffman says the "ETH is Money" thesis played out, but didn't deliver the major price rerating many expected. His argument: Ethereum's layer-2 shift and $160B+ in stablecoins have turned ETH into infrastructure rather than monetary asset. He still calls himself "massively bullish Ethereum", just not on the token itself.
Sui goes dark for nearly six hours
Sui's mainnet stalled for 5 hours and 55 minutes after a crash bug in the gas charging logic slipped through in the 1.72 software release. Transactions froze, SUI's price dropped 5–6% to around $0.90, and the network is now promising a full incident report. This isn't the first time, a similar outage happened in January, and another crash loop hit in November 2024. Despite ranking 13th by total value locked with $542M, reliability keeps coming up as the network's weak spot.
Researchers: treat AI agents as untrusted systems
A new paper from cybersecurity researchers argues that AI agents should never be trusted at the model level, they need hard system-level controls, like how operating systems restrict app permissions. The paper references real incidents, including a $500K loss from the Volo Protocol exploit and an AI trading assistant called Bankr that had to shut down transactions after unauthorized wallet access. With Circle's CEO predicting billions of AI agents conducting economic transactions in five years, the researchers say the security gap needs closing now.
📈 TOP GAINERS & LOSERS
📈 Top Gainers | 💰 Price Change | 🏁 Final Price |
|---|---|---|
🚀 Stellar (XLM) | +36.64% | $0.2037 |
🔥 DeXe (DEXE) | +35.20% | $18.48 |
🌱 Humanity (H) | +27.61% | $0.2754 |
📉 Top Losers | 📊 Price Change | 🏁 Final Price |
|---|---|---|
🟥 Chiliz (CHZ) | -22.73% | $0.03347 |
⚠️ Bitcoin Cash (BCH) | -21.35% | $298.47 |
📉 Ethena (ENA) | -20.64% | $0.08602 |
📘 EDUCATIONAL PICK — LEARN & LEVEL UP

🐦 TWEETS OF THE WEEK

FOLLOW OUR SOCIAL MEDIA:
X - Where Crypto Meets Comedy;
TikTok - Investigating the Wacky World of Crypto;
СoinMarketCap - The Wildest Ride in the Crypto Market;
YouTube - Your Gateway to the World of Crypto.
Disclaimer: We're here to entertain, not to be your financial guru. This newsletter is purely for educational purposes and does not constitute financial advice or a magical fortune-telling session. So, grab your popcorn, enjoy the read, but remember to use your own wits and conduct thorough research before making any money moves. Stay curious, my friend!

