Is big money on the move?
“Galaxy Research: Bitcoin network seeing frequent ‘gibberish inscriptions’—not encrypted messages, possibly script testing”
After the news broke, I asked just three questions related to money:
1. Which way are large orders leaning?
2. Can trading volume at $BTC (24h: $772 million) continue to grow?
3. Are there large on-chain transfers to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s most likely just noise.
The price action after the news breaks is more worth watching than the news itself.
“Galaxy Research: Bitcoin network seeing frequent ‘gibberish inscriptions’—not encrypted messages, possibly script testing”
After the news broke, I asked just three questions related to money:
1. Which way are large orders leaning?
2. Can trading volume at $BTC (24h: $772 million) continue to grow?
3. Are there large on-chain transfers to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s most likely just noise.
The price action after the news breaks is more worth watching than the news itself.
