The movement of funds is often hidden in trading activity:
“Twenty One Capital’s Q3 net profit reached $1.087 billion, mainly from Bitcoin valuation gains”
When a project makes an announcement, what I care about more than the announcement itself is:
· Whether the project team and early investors are transferring coins to exchanges
· Whether top addresses are adding to or reducing their positions while the hype is high
Trading volume of 21.11亿美元 over $BTC 24h, 24h -4.59%. The direction of funds is far more reliable than announcements.