today i subscribed to Michael Burry's substack for a year. I do like how refreshing this long article is because you can tell it was fully written by a real human and not AI generated. also, this particular part about stock buybacks fits in with what's happening to $PUMP. i still stand on the idea that the pumpfun buyback's are pointless and all the money spent on buybacks so far(~$194,000,000) could have been used for much better purposes that would have benefited the pump eco for the next few years.

I guess $XPL has really bottomed out. No new sellers because: 1) Echo investors have not received any unlock despite passing over 1 year + 1 week now. Still no update from Plasma so no tokens. Maybe due to the lawsuit? 2) TVL has not changed and still remains at $2.8bil. Farming sell pressure therefore still the same for the past 2+ weeks