Right after the Unlocks clip, a couple of wallets, including Wintermute, bought a couple of $m worth of $BLUR from Coinbase Prime. [Including a few new wallets] Data from Arkham!

Phase-2 Grayscale to Coinbase Attack Started. multi $m $BTC

https://twitter.com/DWFLabs/status/1747642016920416274?s=19

DWF launching Sentry Keys on XAI

$XAI 25% on DWF Activity.

Grayscale transferred 19,260 Bitcoin to Coinbase Prime Deposit.

$OKB plunged from $52 to $25, even dropping to $10 on certain exchanges. The crash during the scheduled maintenance hints at a potential significant mistake in the check preparation. Market insiders opportunistically took long positions during the dips.

Broder-market.

Sell the news worked when no one was expecting it.

$40k: Pre-ETF's - Anticipation of a "sell the news" event with the ETF release [Bearish Sentiment]. The market surged by $5k points.

$45k: Bullish response as the ETF gets approval [Bullish Sentiment]. However, the market experienced a dip of 5k points. when no one was expecting it anymore.

nicely reflected.

coincidencE!?

SEC delays Blackrock spot Ethereum ETF.

In January 2024, tokens with unlocks performed well. $SUI with a cumulative return of only 250%. Notably, $SUI is also part of Binance Launchpad, as I pointed out a few days ago, the significance of paying attention to Launchpad coins...

Sui Orderbooks

Jan 2023 ~ $100m volume base, with bear market, theis > Shorting the Unlocks bottomed > $0.40 < Oct/2023.

Jan 2024 ~ $250m volume base, with bull market, theis > Long the Unlocks Instead of shorting > $1.70.

In a bull market, one should be longing the coins with the worst tokenomics/theme. [Instead of shorting]

But,

Can coins move this fast? (Check Waves/narrative)
Can the bid fill in this fast? (Check order books)

The innovation of Bitcoin was independent. So, why does it now need to be dependent on ETFs' flow? Bitcoin does not need a secondary backer. /noise

Bitcoin seasonality vs. the last 5 cycles.

The correction is part of the rally, with January/February usually sideways or showing negative returns, which is nothing extraordinary. [Check reference graph].

This year is 2024, an election year. Markets are expected to have more optimism compared to other non-election years.