Active everyday in my $ROSE Trader tg channel with price action and on-chain — tg is my home. Using X for key on-chain updates and finding/sharing fundamental alpha 🤝 if I am quiet on X find me in tg
t.me/oasisrosetrader
$ROSE will see its last token unlock of any significance this month. Core contributors and Backers will receive no more tokens going forward — interesting timing
Our unknown entity's $ROSE balance now sits at 349.2M $ROSE - all accumulated since Nov 2, 2023.
Their USD spend is now approx. 35.2$ Million
Their $ROSE cost basis is ~0.1007
Feb 20, 2024 Grayscale officially files for a Privacy ETF (Ticker PRVC): sec.gov/Archives/edgar…
Grayscale files for Privacy ETF…
Index-based & would track cos involved in data security & protection, cybersecurity products & services incl blockchain-based technology solutions, etc.
Would also hold Grayscale Zcash Trust.
IMO, smart move for Grayscale to expand ETF lineup.
Binance just transferred 100M $ROSE onto exchange from their wallet. 3yrs of exchange data shows a clear ATH. Utility narrative into end of year, then watching for market correction
Grayscale increases in $ZEC holdings vs our Unknown Coinbase Entity $ROSE accumulation, 2024
— Grayscale have applied for a Privacy ETF
— $ROSE has been listed as an asset under consideration by Grayscale
— Coinbase is the custodian for Grayscale trusts
— accumulation profiles
Our unknown entity has added another 20.3M $ROSE tokens since the return to is approximate cost basis — Its rate off accumulation starting to tick back up after a quiet January
Since Nov '23 they have accumulated 290.9M $ROSE or 4.3% of the current supply (in under 3 months)
With ETF news, putting this here as a reminder,
How to say $ROSE without saying $ROSE:
''Grayscale also filed for a Privacy ETF, which will invest 10% in Grayscale’s ZCash Trust. The remaining funds will be allocated to relatively liquid listed companies, with a market cap
Our Coinbase entity has added another 15M $ROSE in the last 72hrs, continuing to accumulate around their mean rate, since they started Nov 2.
They now hold 420M $ROSE, with a spend of $46M USD. Their cost basis sits now at 0.1097 ROSEUSD
gardentools.jamie-oconnell.com/gardenTools_mo…
Our Coinbase entity is back, activity on core and confirmed wallets helping drive a high volume $ROSE price break. These are the first confirmed buys since March 23, after driving price from Nov '23 to price peak
Their core wallets now hold over 431M ROSE with a spend of ~48.5M
$ROSE Whale accumulation profile is going parabolic
This is the accumulation profile of the largest wallets to enter @OasisProtocol in 2023. They are buying everything they can with a handful of Whales accumulating ~400M tokens & climbing fast.
Live now on page, link in bio
More and more, another 1.3M $ROSE moved off exchange to the same entity in the last 6hrs
just shy of 260M $ROSE now, ~32.7M$ USD at current market value accumulated since Nov 2
What are they anticipating?
And they just keep adding $ROSE
3 distinct accumulating entities started in 2023, these 3 entities now hold over 480M $ROSE, ~60M$ USD at current market value — this is over 7% of $ROSE's circulating supply
The entity we have been calling Grayscale makes up over 1/2 of this
Our CB wallets continue to be active. They now hold a total of 520 Million $ROSE. No idea who this is but the correlation is clear as day: when they are active price goes up.
⚫Since becoming active again they have added >40 Million $ROSE. It is notable that the inflows