Big money’s actions are more honest than its words:
“USDC Treasury burns 100 million tokens, worth about $100.2 million”
After news like this breaks, I ask three money-related questions:
1. Which way is the balance of active buying and selling leaning?
2. Has trading volume at $SOL (24h: $129 million) increased significantly?
3. Have whales made large transfers to trading platforms?
Only when all three point in the same direction has the news been validated by the money; otherwise, it’s probably just noise.
Whether good or bad, it all comes down to how the market absorbs it. Don’t just read the headline.
Just my ramblings—don’t take this as advice.
“USDC Treasury burns 100 million tokens, worth about $100.2 million”
After news like this breaks, I ask three money-related questions:
1. Which way is the balance of active buying and selling leaning?
2. Has trading volume at $SOL (24h: $129 million) increased significantly?
3. Have whales made large transfers to trading platforms?
Only when all three point in the same direction has the news been validated by the money; otherwise, it’s probably just noise.
Whether good or bad, it all comes down to how the market absorbs it. Don’t just read the headline.
Just my ramblings—don’t take this as advice.
