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Episode 17 | May 8, 2026 β€” Weekly market review
🐳 Whale 0x84b3 is going long on several trending tokens, including $NEAR, $STRK, $XMR, and $TON.

Current Positions:
3.08M $NEAR ($4.83M)
75.55M $STRK ($4.3M)
9,561 $XMR ($3.8M)
1.28M $TON ($3.33M)
14.86M $AZTEC ($357K)
71.99M $PUMP ($147K)
πŸ—½ $2.7B absorbed across the streak.

IBIT alone took $335M on the latest print.

April closed +$1.97B.

There were two consecutive months of net institutional inflow. Most of crypto-twitter is still calling the trend dead.

Spot accumulation rarely whispers before a move.
πŸ‡ΊπŸ‡ΈπŸ’΅ 250,000,000 $USDC (249,981,375 USD) minted at USDC Treasury
πŸ•΅οΈ Blackrock deposited 1,224 $BTC ($98.16M) and 11,475 $ETH ($26.27M) into Coinbase and is likely to deposit more.
🐳 ~$1.03B of supply was released from 2-3 year dormancy on May 5, marking the sixth dormant cluster to unlock this rally.

During the same window, wallets holding 1,000+ #BTC increased by 12% this quarter, according to Glassnode.

Two whale cohorts are trading oppositely. Focus on the count, not the noise.
πŸ“ŠπŸ‘€ Two cycles, two kings.

2018 β†’ 2022: TSLA dominated (+1,163%)
2022 β†’ 2026: NVDA took the crown (+1,049%)

ETH went from +251% to flat. Gold & Silver only woke up in cycle B.

#BTC quietly delivered triple-digit returns in both.
πŸ‡¨πŸ‡­πŸ¦ Swiss Bitcoin Reserve Campaign to Lapse After Failing to Secure Enough Signatures

Reuters reported that Swiss cryptocurrency advocates will drop a campaign to require the Swiss National Bank to hold Bitcoin in its reserves. They secured only about half of the 100,000 signatures needed to trigger a referendum. The SNB has rejected the idea, stating that cryptocurrencies are too volatile and insufficiently liquid to meet its reserve requirements.
🐳 Coinbase buys 1,103 Bitcoin in Q1 2026, now holding 16,492 $BTC ($1.3B) total in treasury.
May 2019
May 2026
πŸ‡ΊπŸ‡ΈπŸ“ #macro USA (Preliminary):
- Unemployment Rate: 4.3% (Prior: 4.3%);
- Nonfarm Payrolls: 115k (Prior: 178k)
DOGE 2025
ZEC 2026
πŸ“Š 33,225 accounts liquidated on the $82K rejection. Funding was running hot before the rebuff.

Wherever the order book met no buyer, leverage paid the toll.

Resistance flushes are exactly where new spot bids start showing up.

Watch the live Liquidation Levels β†’
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🏦 Michael Saylor explains the competition in digital credit from banks, stating, "It’s like enriched uranium. You need a crypto reactor to create credit." He added that a bank would require a structure with $50-$100 billion worth of Bitcoin held in one entity. Saylor believes that if this occurs, the price of #BTC will significantly increase, potentially adding another $50-$100 billion to the market.
πŸ†• $BLEND listed on Robinhood spot
πŸ‘€ Department of War releases UFO and potential alien life files.
πŸ•΅οΈ #ETH Smart Money Flow Index

April: +$356M.
May 1 single-day: +$101M.
BlackRock and Fidelity took 90%+ of the bid.
Globally, ETH ETFs crossed $14B YTD net inflow.

Five red months. Then a pivot β€” and the timeline barely noticed. The rotation that matters is rarely loud at the start.
πŸ—£ Only Bitcoin treasury companies with clear strategies, strong execution, and scale are likely to survive as the market matures, says Strive Asset Management CEO Matt Cole.
πŸ•΅οΈ Garrett Jin just deposited another 78,077 $ETH ($178M) into Binance and still holds 303,618 $ETH ($692.5M).
πŸ“Š $BTC slipped 3% from $82K to $79,340.

Crypto Fear & Greed (F&G) slid from 74 to 47 in seven days.

Holder sentiment dropped harder than the candle, indicating a cohort capitulating emotionally before the chart confirms.

Sentiment usually leads the bottom, as it always has.