KyleChassé

The pain is REAL.
$1B liquidated on Saturday. Over $800M in longs. $1.5B liquidated today. $1.23B in longs.
The markets are getting really rough. This is the WORSE before the better that I was talking about.

Tomorrow is day 13 after the midterms.
That's the exact day Bitcoin put in its final low in 2022.
In 2018 it took 39 days, which lands on December 12 this year.
This week BTC slipped under $73K on a hot CPI print and Fear & Greed sat at 26.
Two examples make a pattern worth watching, guys, and nothing more. Which date are you circling?

One leaked vendor key. Up to 5,000 developers got a backdoored coding extension.
That's Cursor's own account of how its breach started.
Same week, a well known trader says a WhatsApp file downloaded itself, let a hacker sit on his computer for five days, and left him with $800.
Adam Back's take while launching Blockstream's new custody system was blunt. Complexity is the enemy of security. Go back to cold storage.
He also warned AI will help attackers find tiny bugs in complex systems.
So as AI gets better at breaking things, does simple start winning again?

$854M liquidated in 24 hours. $788M wiped from longs.
Meanwhile, Strive says it could survive Bitcoin going to ONE CENT.
Guys, leverage kills. Structure survives.
The smartest trade might be making sure nobody can force you out.

Britain paid wind farms £393 million in 2024 to switch off.
8.3 TWh of clean power, gone. 98% of it in Scotland.
The turbines work. The cables to England just can't carry it all, so the grid pays Scotland to stop and pays gas plants down south to start.
A new Bitcoin Policy Institute report found a 20 MW mine next to a 100 MW wind farm could use 83% of that farm's curtailed energy.
The report is upfront that this won't wipe out the £1B+ yearly bill.
But a buyer that can switch off in seconds, sitting right behind the bottleneck? Why isn't every grid operator running this math?

Bitcoin's options market is set up to make every move bigger right now.
Greeks Live data shows market makers sitting in negative gamma from roughly $58K all the way up to $72K.
In plain English, guys. When price drops, their hedging means they sell. When price rises, they buy. They add fuel in whichever direction we go.
That flips back somewhere around $73K.
So which direction gets the first real push?

Stablecoin supply just dropped $17 billion in a month.
Biggest drop since 2022.
Think of stablecoins as the chips sitting on the poker table, guys. When people cash out, there's less money left to bet with.
Glassnode's read is simple. Bull markets need money coming in, and right now it's walking out the door.
So is this the final flush, or are we still early in the drain?

Bitcoin has spent 15 years sitting on trillions in largely idle capital.
Now $SUI is going after it.
Hashi has $500M+ in committed capital, with Bitcoin-backed lending and credit markets coming online.
Guys, the biggest opportunity in crypto might be making the Bitcoin people already own actually work.

Nvidia reports earnings in 4 days. It has no permanent CEO.
The stock closed down 4.34% that day. It bounced Friday.CFO Colette Kress is now interim CEO, and she's keeping the CFO job too.
The board also got its first-ever chair, former Synopsys CEO Harvey Jones. Every AI trade on the planet runs through Nvidia's numbers on Tuesday.
So were investors paying for the chips, or for Jensen?

Everyone is asking where Wall Street's Bitcoin buyers went. I checked the ETF numbers.
In 2026 so far, $25.6B has gone into US spot Bitcoin ETFs. $26.1B has come out. That's minus $502M net as of November 5.
June alone saw $4.5B leave. The biggest monthly exit on record.
If it stays negative, 2026 becomes the first calendar year of net outflows since these funds launched in January 2024. They need more than $502M of net inflows in the last 8 weeks to avoid it. Bitcoin broke below $70K today.
Do the ETFs flip green by December 31?

Yeah... we've seen worse.
That doesn't make this hurt any less...

AI has a nuclear problem nobody wants to talk about.
America just approved four new reactors. Canada can't get one built on time or on budget.
Guys, permits don't power data centers. Working reactors do.
The biggest winner in the AI energy race will be whoever can actually finish one.

$SUI added over $100M in stablecoins in less than a month.
Something is cooking.

Bitcoin's 30-day apparent demand just hit minus 284,000 BTC. I went back to the last two times it got this deep.
March 2025. Minus 309,000 BTC. Bitcoin bottomed near $74,500 in early April, then made a new all-time high above $126,000 in October.
June 2026. Minus 273,000 BTC. Demand recovered within weeks.
November 2026. Minus 284,000 BTC on November 7, with Bitcoin around $73,000.
Both earlier times, demand recovered within a few weeks and price followed higher inside about two months.
Two examples is a small sample. CryptoQuant's Bull Score sits at 20, a reading that has marked both durable

Stablecoin supply just fell $14.2 billion in 30 days. I went back to the last time it fell this fast.
June 2022. Supply dropped nearly $30 billion in 30 days. Bitcoin's final bear market low of $15,500 came five months later, in November.
November 2026. Supply down $14.2 billion in the 30 days to November 9. Tether alone is down $6.6 billion in 60 days, more than double its drop after FTX.
Stablecoins are the dry powder. When they get redeemed for dollars, that cash leaves the market.
Glassnode says the first sign of new money is the 30-day number flipping back to growth.
One indicator is a sm

Nvidia may have just set the record for the biggest one-day wipeout in stock market history. Again.
I went back to the last two records. Both were Nvidia.
September 3, 2024. Down 9.5%. $279 billion gone in a day.
January 27, 2025. DeepSeek day. Down 17%. $589 billion gone. Less than six months later, Nvidia became the first company ever worth $4 trillion.
November 12, 2026. Jensen Huang resigns. Down as much as 14% at the open, up to $601 billion erased.
Here's the difference. The first two were about demand for the chips. This one is about the man who co-founded the company 33 years ago.
Earn