[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

[@winter_ree](/creator/twitter/winter_ree)
"Part 4: recent news $ENA raising $360M to go public via SPAC - cash will be used to buy $ENA XX% of $ENA's supply will be moved into a corp treasury = won't be traded anymore flywheel created: $ENA price goes up companys stock rises raise more money + buy more $ENA"  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1948830886931349645) 2025-07-25 19:41:05 UTC XX followers, XX engagements


"Part 5: SPAC route reduces risks -ve funding Larger treasury helps subsidize losses Sell pressure Locking XX% of supply reduces float stabilizes price Liquidity risk $ENA can raise equity in tradFi mkts to backstop Depeg risk treasury holding = soft peg defense"  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1948833013900738719) 2025-07-25 19:49:32 UTC XX followers, XX engagements


"conflicting info as finviz & marketwatch are saying 51.28M shares outstanding while Yahoo Finance is saying 56.38M even at the higher shares outstanding from Yahoo $BMNR is still trading at a much lower NAV premium of XX% vs. $SBET of XX% @JunoLee_KR @TBCTrades"  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1948612963415547999) 2025-07-25 05:15:08 UTC XX followers, XXX engagements


"$ENA for dummies: Part 1: Creating a delta-neutral position where you're not exposed to ETH going up or down A. You deposit ETH into the ENA protocol Long spot ETH B. ENA opens a short perp position on your ETH collateral via exchanges like Binance Short ETH perps"  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1948822913085571321) 2025-07-25 19:09:24 UTC XX followers, XX engagements


"07.25 @GoldmanSachs Speculative Trading Indicator has increased sharply: "During last XX years other sharp increases in speculative trading activity have signaled above-average 3- 6- and 12-month S&P XXX returns but returns typically faltered on a 24-month horizon""  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1948834193653547465) 2025-07-25 19:54:14 UTC XX followers, XX engagements


"what am I missing why is $SBET trading at such a higher NAV premium vs. $BMNR $BMNR - $3.7K implied ETH price / share $SBET - $6.4K implied ETH price / share"  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1948494292051226977) 2025-07-24 21:23:35 UTC XX followers, 4321 engagements


"07.21 global systemic equity positioning: 6/10 level = moderate - $67B of automated equity buying happened last month - Total of $107B more expected over next month After next round of buying positioning should rise to X out of XX : implies strong equity exposure"  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1947444139395846510) 2025-07-21 23:50:39 UTC XX followers, XX engagements


"1/ ETH Treasury like $SBET & $BMNR = classic reflexive loop If more pubco. follow this model a loop of capital raising ETH purchases higher ETH prices / Re-rate the stock higher (NAV + earnings) more capital raising"  
![@winter_ree Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1387964645219127297.png) [@winter_ree](/creator/x/winter_ree) on [X](/post/tweet/1945343824752206171) 2025-07-16 04:44:45 UTC XX followers, XXX engagements