$5b stables unfrozen from ftx + exchange btc at 7y low (14%)
simple math:
* blackrock dumped 430m btc
* instantly bought 70m eth
* circle ipo filing at $61b mc
* rex eth staking etf incoming
supply check:
450 btc mined daily vs 95k btc q1 demand
they aren't confessing. they're bragging.