BITWU.ETH 🔆|Sep 20, 2026 04:13
⚡️Little Black @CryptoHayes is shilling again! He’s relentlessly hyping ethereum:0x57e114b691db790c35207b2e685d4a43181e6061, but there’s a reason behind it—
1⃣ Hayes was an early participant in Ethena Labs’ seed round and seed extension round. He’s the most prominent individual investor outside of Dragonfly, with a stake far exceeding the retail-level buys he later disclosed publicly.
2⃣ ENA is still the largest altcoin holding in his on-chain labeled address, with 28.45 million tokens, worth approximately $5.61 million.
3⃣ ENA is the pure embodiment of his macro narrative. His core argument is: Treasury injects USD liquidity → risk appetite rises → perpetual funding rates increase → Ethena’s basis yield and USDe scale expand simultaneously.
So going long on ENA is essentially leveraging a bet on the crypto bull market + basis trading. This aligns more with his column-writing vibes than simply going long on BTC.
But we all know Little Black’s shilling style:
He’s often right on direction, often wrong on timing, and what he says and what he does are often completely opposite…
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