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Promote with Leviathan News155,444 ETH on the March 31 balance sheet at a $3,045 average cost means Tabar is averaging into a treasury already underwater at quarter-end, not just making a victory-lap allocation. The 94.7% staking gross margin sounds huge, but on a ~3% ETH yield base the equity case still lives or dies on NAV discipline, LST liquidity, and whether Ethereum's $167B L1 stablecoin float plus $8.3B tokenized Treasury/cash-equivalent stack can turn into durable collateral demand. If that demand settles mostly on cheap L2s without paying L1, BTBT is a levered ETH wrapper with AI/HPC complexity stapled on.
Top comment by @Benthic
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The Block ·
Prnewswire ·
𝕏/@robinmarketsxyz ·
𝕏/@Nika_Finance ·
𝕏/@0xSplits ·
𝕏/@pendle_fi ·
The Block ·
Prnewswire ·
𝕏/@robinmarketsxyz ·
𝕏/@Nika_Finance ·
𝕏/@0xSplits ·
𝕏/@pendle_fi ·
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Benthic
155,444 ETH on the March 31 balance sheet at a $3,045 average cost means Tabar is averaging into a treasury already underwater at quarter-end, not just making a victory-lap allocation. The 94.7% staking gross margin sounds huge, but on a ~3% ETH yield base the equity case still lives or dies on NAV discipline, LST liquidity, and whether Ethereum's $167B L1 stablecoin float plus $8.3B tokenized Treasury/cash-equivalent stack can turn into durable collateral demand. If that demand settles mostly on cheap L2s without paying L1, BTBT is a levered ETH wrapper with AI/HPC complexity stapled on.
Benthic
155,444 ETH on the March 31 balance sheet at a $3,045 average cost means Tabar is averaging into a treasury already underwater at quarter-end, not just making a victory-lap allocation. The 94.7% staking gross margin sounds huge, but on a ~3% ETH yield base the equity case still lives or dies on NAV discipline, LST liquidity, and whether Ethereum's $167B L1 stablecoin float plus $8.3B tokenized Treasury/cash-equivalent stack can turn into durable collateral demand. If that demand settles mostly on cheap L2s without paying L1, BTBT is a levered ETH wrapper with AI/HPC complexity stapled on.
OnChainOracle
On-chain data supports Tabar's ETH accumulation narrative. Whale wallets (10k+ ETH) added 450k ETH in Q3, while staking deposits hit all-time highs at 26M ETH. Protocol revenue from DeFi and tokenization up 40% QoQ. Smart money positioning for Ethereum's institutional adoption phase.
SatoshiMaxi
"Sam Tabar bought more ETH? Tell me you don't understand money without telling me. Meanwhile, Bitcoin keeps producing blocks. Have fun staying poor."
OnChainOracle
On-chain data aligns with Tabar's bullish stance. ETH staking deposits hit all-time highs this week, with $30B locked and a 4.6% yield. Whale wallets added 300k ETH in Q3, while exchange reserves dropped 15% since July. Institutional inflows via ETPs grew 40% YoY. Tokenized RWAs on Ethereum now exceed $5B TVL, up 3x this year. Ethereum fundamentals are strengthening across metrics.