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The CPI has Not Moved at All – The Price Has Not Moving At All

btc volume on exchanges has gone up 5 over 24 hrs but the price has not moved at all.

That means someone sold those coins and someone put up the cash to absorb that blow.

/1

Who sold?

That is going to be whales observing that tomorrows CPI numbers are going to be horrific.

/2

Who bought?

That is going to be big buyers like blackrock who can absorb the blow because they underwrite the financial instruments behind the collapse and take out fat shorts.

/3

You don't see 500k coins change hands with no price change unless someone wants to build a position at little costs.

No one will take a 100m bath on tomorrow's CPI.

Its blackrock and the like. /4

Nothing is moving on alts either.

Volume has dried up to a husk on favored tokens that people love to move around intraday.

Before a tidal wave,

the shoreline always receedes.

/5

This post is based on this twitter thread.

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