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🐳 What 7-figure investors are buying

🐳 What 7-figure investors are buying

PLUS: The $120K price prediction

Alex M.
July 11, 2023

GM everyone. This is 2036, the crypto newsletter that pays you.

Here’s what we’re serving up today 🍲: the bad times are (hopefully) over. Bitcoin’s no longer a screaming bargain. It’s time to dig into what else we can buy. For that, we can look at what 7-figure investors are doing.

Let’s dig in (*bonus task in this email included*)

🥔 Today’s meat and potatoes

Get smarter on crypto in 2 minutes

It looks like the worst is behind us.

Bitcoin’s likely in an accumulation phase with a bunch of large catalysts ahead of it:

the bitcoin halving
a spot bitcoin ETF
improving macro conditions

… so as we said yesterday, bitcoin’s no longer dirt cheap.

This leaves us with two choices:

Option #1: watch bitcoin go up, which is about as fun as watching paint dry.

Option #2: put together a shopping list for when sh*t really takes off.

[Caveat: the rookie mistake everyone makes is to get so excited by the next 100X that we forget to own bitcoin and eth. Don’t be that rookie.]

Luckily for us, blockchains mean we have access to the crypto equivalent of everyone’s credit card statements and bank accounts.

We can see exactly how much everyone owns and what they’re buying.

And as our friend Tony Robbins says - success leaves clues, baby.

that’s how much we love clues

Here’s how to do it…

STEP 1: Head over to Debank.

Debank is a portfolio analyzer. It organizes wallets into neat little profiles. All you gotta do is copy-paste a wallet address and see what they own.

But it gets better…

STEP 2: Click More —> Web3 Social Ranking

This will rank the biggest wallets by:

the amount of money they have in their accounts
how many followers they have

oh la la, we’re starting to love it.

STEP 3: Hover over profiles and get inspired

This is where we get to dig into what the big (smart?) money is doing.

If you hover over profiles on Debank, it’ll show you their top token and NFT holdings - as well as the protocols they most use.

To save you some time, we had a look and here’s what we found…

1/ Nearly all the big investors are staking a lot of ETH on Lido.

Staked ETH routinely makes up 50-80% of their portfolio. We showed you the step by the step on how to do that last week.

2/ Some then take their stETH and lend it out on Maker.

Like this account, that has lent out nearly $15M of stETH for interest.

3/ Many are yield farming stablecoins and Ethereum together.

… like USDC/ETH on Syncswap, which has a 13.8% APR.

4/ $SHIB remains the top memecoin

Two wallets - one with a 91% win rate and one with over $56M in assets - both hold millions of $$ worth of $SHIB.

Memecoins tend to outperform in a bull market by a wide margin (they can 1,000X in weeks). These investors are betting on the dog coin, rather than the frog coin $PEPE.