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Three weeks ago the biggest whale accumulation event in Bitcoin’s history happened quietly. 270,000 BTC bought under $60,000 while retail was panic selling.
ISM PMI just hit 57. Copper is at all-time highs. The macro conditions that prevented altcoin season are flipping. On-chain metrics — daily users, app revenue, transaction volumes — are at all-time highs simultaneously.
The fundamentals have never been stronger. The price reflects maximum pessimism. Those two things being true simultaneously is the definition of value.
Can it go lower? Yes. But the smart money is already positioned.
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Or from them later.
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0:00 The Biggest Whale Buy Ever
0:36 The Setup Nobody Wants
1:50 The Macro Just Flipped
3:22 The Kraken Card
3:54 On Chain Has Never Been Better
4:47 Your Coins Are On Sale
5:23 Buy With Them Or From Them
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