At 2 a.m., just after the longs were liquidated for 462 million, when I look up: the U.S. government has moved 1.5 billion BTC to the exchange in three days 🥲
Everyone knows it's probably a custody program; deposits don't necessarily mean selling, and I understand the logic.
But seeing this in the middle of the night still makes my heart skip a beat.
Let’s take it one step at a time 👀
$BTC #On-chain data
Everyone knows it's probably a custody program; deposits don't necessarily mean selling, and I understand the logic.
But seeing this in the middle of the night still makes my heart skip a beat.
Let’s take it one step at a time 👀
$BTC #On-chain data