Well-known traders: Heavy positions on Circle, Coinbase, and ETH, betting on financial restructuring in the supervised chain

Comparing the news, well-known trader Doctor Profit wrote that global capital is generally betting on AI, but larger long-term changes may be the reshaping of the financial system. He refers to Circle, Coinbase, and ETH as the Big Three Galaxy, and believes that the three correspond to regulated digital dollars, traditional capital entrances to the on-chain market escrow and transaction, and the tokenized settlement network for assets, respectively, and have established large-scale long-term positions on them.

He is still optimistic about BTC for a long time, but the current cycle adjusted his crypto asset allocation to 60% ETH and 40% BTC. Doctor Profit said that Coinbase is the main custodian of BlackRock's Bitcoin spot ETF, and also holds shares in Circle, and its Base network is settled in Ethereum; Circle's USDC reserve fund is managed by BlackRock. Ethereum also hosts BlackRock's tokenized treasury bond fund BUIDL and occupies a major share of the real-world asset tokenization market.

Doctor Profit believes that the CLARITY Act's potential benefits for ETH, Circle, and Coinbase may be greater than BTC, as it will further clarify the regulatory rules for tokens, trading platforms, stablecoin yield products, and DeFi. He determined that in the future, on-chain finance will be more biased towards compliance, regulation, and institution-led. It said it bought Circle for around $62 and expects its shares to reach at least $500 by 2030.

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