Investment Policy

Lim’s argument, which he graciously unfolded on an X thread (because, naturally, where else would one go to discuss the impending doom of digital currency?), suggests that the conundrum isn’t merely whether Bitcoin can upgrade its security measures to fend off quantum intruders. No, it’s also about how we, as a community of crypto enthusiasts and professional panic merchants, will handle the rather touchy situation regarding Satoshi Nakamoto’s stash of coins-those ancient relics that seem to have been preserved just for this moment of existential dread.

His line of reasoning is delightfully simple: if we give everyone more cash, the price of bread will rise, but not catastrophically, because the actual ingredients-rising AI productivity and robotic kitchen staff-will outpace the extra money. Think of it as adding a degree of anti‑inflammatory therapy to the monetary system by sending in extra chili. And if pizza becomes cheaper because of robo‑deli efficiency, everyone’s breathing a little easier.

However, a report from CryptoOnchain has emerged, presenting a supply-side data point that warrants our utmost consideration. It appears that Ethereum reserves on Binance have dwindled to a mere 3.31 million ETH, the lowest level observed since the early days of 2021. One cannot help but marvel at the significance of this figure, especially when it invites a comparison most striking. The last occasion upon which Binance found itself in possession of such a paltry quantity of ETH, the price fluctuated around a modest $590. Since that time, our dear asset has risen nearly fourfold, and yet, the supply available for sale on one of the world’s largest exchanges has not followed suit, opting instead for a path of continuous decline.

People talk in the markets and in the alleys of the crypto saloons: the U.S. government is actively selling its seized Bitcoin holdings. Arkham Intelligence, that sharp-eyed fellow with a clipboard, flagged two transfers in April 2026 to Coinbase Prime-about $177,000 worth on April 10 and about $606,000 on April 17-drawn from wallets tied to criminal forfeitures. One set of coins he traced to Glenn Bradford Olivio, indicted in 2025 for conspiracy to distribute anabolic steroids and money laundering; the other to the memory of a long-faulted Bitfinex hack from 2016, when Ilya Lichtenstein and Heather Morgan took a big bite of the mountain and forgot to chew properly.

According to a filing lodged in a Massachusetts U.S. district court, Drift investor Joshua McCollum has bravely stepped forth to represent over 100 beleaguered users, claiming that Circle’s inaction facilitated the misappropriation of approximately $230 million in USDC after the April 1 exploit. One wonders if the defendants were too busy playing solitaire to notice the heist unfolding right under their noses.