Follow the money:
“Michael Saylor reveals capital structure data: MSTR’s dollar duration is 3.5 years, and it has repurchased another $192 million worth of STRC.”
After the news came out, I had just three questions about money:
1. Are large trades skewed more toward buying or selling?
2. Can trading volume at $BTC (24-hour volume: $946 million) continue to grow?
3. Have any large amounts of funds flowed into exchanges on-chain?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
A single news item is unlikely to change the trend, but it could amplify volatility.
“Michael Saylor reveals capital structure data: MSTR’s dollar duration is 3.5 years, and it has repurchased another $192 million worth of STRC.”
After the news came out, I had just three questions about money:
1. Are large trades skewed more toward buying or selling?
2. Can trading volume at $BTC (24-hour volume: $946 million) continue to grow?
3. Have any large amounts of funds flowed into exchanges on-chain?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
A single news item is unlikely to change the trend, but it could amplify volatility.