[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.]  Astronomer [@astronomer_zero](/creator/twitter/astronomer_zero) on x 34.6K followers Created: 2025-07-08 22:14:38 UTC $ETH And now, we're at $2600 for one $ETH, majority altcoin disbullief remains Yes, that's $2600, whih is significantly higher than $1800, a time where we intervened and added big bags of $ETH. Crowds still silent about $ETH. And yes, I still consider $ETH an altcoin. And fun fact, over XX% of all altcoins (excluding memes) are built on $ETH. Below, quick snapshot of both the aggregated spot to binance perps premium, (compare green to purple) and coinbase spot to binance perps premium. These spot premiums suddenly changed from negative to positive when $ETH bottomed out which was a large reason for us to buy. Sometimes, simple analysis does it, as long as no one is watching it. Of course, combine this with sentiment analysis, which at the time, was the perps crowd showing their behavior of pain, and now, behavior of silence. Spot whales indeed buy silently, causing these premiums, while the clueless keep promoting their newly created altcoins which likely only last a year or less. And sentiment wise, that is all we are hearing, altcoins being created, not older than a year, 'alt season is not coming, there are millions of altcoins'. Not when you only include the ones older than a year, as none of the young ones are really holding up and so are not taking a large share of the altcoin capital. With the $ETH plan working out well so far, I wouldn't be surprised if old altcoins such as $ETH, but everything built on it or trying to imitate it, make a large rally. For us, next target is 3k if you remember, if you don't, here is a reminder. Good move on $ETH, good gain, still a lot of upside to come, paired with bears in pain.  XXXXXX engagements  **Related Topics** [altcoins](/topic/altcoins) [altcoin](/topic/altcoin) [$eth](/topic/$eth) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/astronomer_zero/status/1942708934839788015)
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Astronomer @astronomer_zero on x 34.6K followers
Created: 2025-07-08 22:14:38 UTC
$ETH
And now, we're at $2600 for one $ETH, majority altcoin disbullief remains
Yes, that's $2600, whih is significantly higher than $1800, a time where we intervened and added big bags of $ETH.
Crowds still silent about $ETH. And yes, I still consider $ETH an altcoin. And fun fact, over XX% of all altcoins (excluding memes) are built on $ETH.
Below, quick snapshot of both the aggregated spot to binance perps premium, (compare green to purple) and coinbase spot to binance perps premium.
These spot premiums suddenly changed from negative to positive when $ETH bottomed out which was a large reason for us to buy.
Sometimes, simple analysis does it, as long as no one is watching it.
Of course, combine this with sentiment analysis, which at the time, was the perps crowd showing their behavior of pain, and now, behavior of silence. Spot whales indeed buy silently, causing these premiums, while the clueless keep promoting their newly created altcoins which likely only last a year or less.
And sentiment wise, that is all we are hearing, altcoins being created, not older than a year, 'alt season is not coming, there are millions of altcoins'. Not when you only include the ones older than a year, as none of the young ones are really holding up and so are not taking a large share of the altcoin capital.
With the $ETH plan working out well so far, I wouldn't be surprised if old altcoins such as $ETH, but everything built on it or trying to imitate it, make a large rally.
For us, next target is 3k if you remember, if you don't, here is a reminder.
Good move on $ETH, good gain, still a lot of upside to come, paired with bears in pain.
XXXXXX engagements
Related Topics altcoins altcoin $eth ethereum coins layer 1