Just noticed a pretty significant crypto dump happening right now. Looks like some of the Bitcoin OGs are moving serious size - we're talking over 100 million dollars worth of BTC hitting the market. The timing is interesting because the Fed just signaled they're staying hawkish, which basically killed a lot of the rate cut expectations people were betting on. So it makes sense that long-term holders are taking profits or getting defensive with their positions. When you've been holding since the early days and suddenly the macro picture shifts like this, I guess the move is to lock in gains. The whole crypto dump is pushing prices down across the board, which could mean we're in for some chop in the near term. Worth keeping an eye on whether this selling pressure continues or if we see some stabilization once things settle. Either way, it's a good reminder that macro conditions matter just as much as on-chain metrics sometimes.

BTC-0.75%
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