BREAKING: U.S. Commerce Secretary Lutnick announces that the U.S. will be issuing economic data on blockchain, beginning with GDP data.
The U.S. government is officially embracing blockchain technology.
JUST IN: #Bitcoin flash crash today, which wiped out $310M in long positions, has been traced to a SINGLE Bitcoin whale dumping BTC for ETH.
The whale sold 24,000+ BTC, including coins that hadn’t moved in 5+ years, sending 12,000+ #BTC today alone to the Hyperunite trading platform.
They’ve sold 18,000+ BTC ($2B) so far and are in the process of dumping the remaining 6,000+ BTC ($670M). Most of the money is being moved into Ethereum, $2B bought and $1.3B staked.
In case you don’t realize what’s happening:
The Fed is about to start cutting rates into stagflation.
That means rate cuts into rising inflation with a weakening labor market.
If you don’t own assets, you will be left in the dust.
It's official:
The US has now seen 446 LARGE bankruptcy filings in 2025, officially +12% ABOVE pandemic levels in 2020.
In July alone, the US saw 71 bankruptcies, marking the highest single-month total since July 2020.
What's happening? Let us explain.
(a thread)
What a surprise.
The biblical midwit retard who didn't raise rates because he thought inflation was transitory at 40%.
Thinks inflation is too high at 2% to lower rates.
What an absolute cock.
Galaxy sold 80,000 Bitcoin - and the market didn’t even flinch.
Not 800. Not 8,000.
Eighty. Thousand. BTC.
An OG pile of massive proportions.
For context:
🇩🇪 Germany dumped 49,858 BTC in mid-2024 and it shook the market.
Prices tanked. Panic set in.
Everyone freaked out over regulation, Mt. Gox, FTX, Ukraine - you name it.
Galaxy just sold 1.6x that - and nobody cared.
Want another frame?
💥 FTX’s initial hole was $8B (later revised to $11.2B).
Galaxy’s sale? Same ballpark.
That’s how big this was.
One more comparison:
📈 MicroStrategy holds 607,770 BTC.
Galaxy just sold 13.1% of that.
Roughly equal to Marathon Digital’s 50,000 BTC + 21Shares’ 37,230 BTC combined.
And the market shrugged.
Something is changing.
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