Big money moves are more honest than slogans:
“Vestige, a DeFi platform, will shut down its main site and related services on December 31.”
After the news broke, I asked just three questions about money:
1. Which way are large orders leaning?
2. Can trading volume for $BTC ($2.172 billion over 24 hours) increase significantly?
3. Are large holders making unusual transfers off exchanges?
Only if all three point in the same direction does this news really carry weight; otherwise, it’s probably just noise.
The market’s reaction to the news tells us more than the news itself.
“Vestige, a DeFi platform, will shut down its main site and related services on December 31.”
After the news broke, I asked just three questions about money:
1. Which way are large orders leaning?
2. Can trading volume for $BTC ($2.172 billion over 24 hours) increase significantly?
3. Are large holders making unusual transfers off exchanges?
Only if all three point in the same direction does this news really carry weight; otherwise, it’s probably just noise.
The market’s reaction to the news tells us more than the news itself.
