🚨Public companies and ETFs have accumulated over 12M ETH (~$51B), equal to about 10% of the total supply.

[Load up spot before the most hated rally in the history of crypto begins!]

🚨Hashdex’s Nasdaq ETF has been approved by the SEC under generic listing standards, to include altcoins beyond BTC and ETH such as XRP, SOL and XLM.

With the approval of generic listing standards the SEC rolled out the red carpet for big money to enter crypto. ETF approvals are now on autopilot.

[BTFD before everything rips!]

🚨New ATH in the number of large crypto open interest holders on CME

LOIHs are institutions hedging huge spot positions. CME data confirms institutions have been buying huge amounts of spot crypto since summer.

[Show some conviction and BTFD before whales start pumping their bags!]

🚨 TOTAL STABLECOIN MARKET CAP ATH: $295BN

[+30bn in 2 months, BTFD!]

🩸LIQUIDATIONS IN THE LAST 24H PAINT AN INTERESTING PICTURE:

·ETH: 50.4% ($133M)
·OTHER ALTCOINS: 33.39% ($81M)
·BTC: 16.21% ($39M)

This dump is driven almost exclusively by the deleveraging of altcoin longs that took Big Money's short hedges with leverage.

[Buy spot and chill, don't touch leverage. We're going much higher!]

🚨QE NOT QE: WRESBAL (the reserve balances of commercial banks held at the Fed) dropped another $71B this week, to $3,002B.

Since August 20, a total $300B has been injected into the market from WRESBAL. ($400B since July 16!)

Stablecoin supply change since July 16: +$40B

10% of whatever leaves WRESBAL seems to spill over into stablecoins. This trend is only going to accelerate as the Fed ramps up rate cuts.

[Don't let leveraged long liquidations shake you out, BTFD before everything moons!]

ALMOST 1/5 OF WHAT LEAVES WRESBAL ENDS UP IN ALTCOINS (exclusive analysis by @bullcase) With CPI at around 3.1%, the real return on WRESBAL is 1% and the real return on US 2Y Treasuries is less than 0.5%.

Obviously, when real interest rates fall, coming close to 0, gold, crypto, and even stocks become more attractive.

Since mid July, when we saw the first signs of tariff inflation coming to surface, banks have pulled $400B from WRESBAL. During the same time, we have seen a reported $80bn inflow into crypto. Of these, $74.5B has gone into alt coins through ETFs, treasuries, stablecoins and RWAs.

Therefore whether directly or indirectly, 18,6% of whatever banks pull from the Fed ends up in altcoins.

This is a spot bull market driven by cheap liquidity. With inflation trending higher and the Fed projected to cut more, banks will pull even more money out of WRESBAL.

Ignore noise and BTFD because there is no top in sight.

🚨The advanced sentiment index went from extremely bullish to extremely bearish over the past 2 weeks

[Take advantage of this dip to buy more spot and chill.]

🚨Core & Headline PCE both as expected but bouncing off Fed's 2% target.

Inflation remains stealth, still not high enough to trigger a hawkish response from the Fed.

Stealth inflation cuts real rates and pushes more money out of WRESBAL into crypto.

[QE NOT QE to continue, BTFD!]

Chamath Palihapitiya's and Tom Lee's SPACs IPO'd today:

🟢 American Exceptionalism closed at $10.61 (+6.1%)

🟢 FutureCrest closed at $10.36 (+3.6%)

[Operating on levels of we're so back that haven’t been seen in a long time, BTFD!]

🚨LAST WEEK INSTITUTIONS BOUGHT $356M SPOT ETH WHILE HUNTING DOWN LEVERAGED LONGS WITH FUD (exclusive analysis by @bullcase)

Week ending Sep 26:

ETH ETFs sold 177,280 ETH
ETH Treasuries bought 266,000 ETH

🟢 Net: 88,720 ETH, worth $356M at $4k, were accumulated by institutions.

As noted on September 8, ETH is a yield bearing asset. Since late August, institutions have been waking up to the fact that by holding ETH in an ETF they miss out on staking revenue.

Firms like Sharplink openly advertise their staking revenue, accelerating this realization.

To capitalize on the rotation, MSM stays focused mainly on ETF outflows while glossing over ETH Treasury inflows while KOLs call for lower prices on social media.

The past week this FUD strategy netted Treasuries an extra $356M in spot sell pressure and over $10B in futures liquidations.

The lesson here? Ignore the noise and BTFD spot before big money pumps its bags!

🚨GOLDMAN EXPECTS INFLATION TO KEEP RISING IN Q4 UNTIL JAN 2026

A 1% rise in PCE equals four 25 bps cuts, pushing real rates lower and accelerating WRESBAL outflows.

With $3T still parked in WRESBAL this bull market has a lot of jet fuel in the tank.

[BTFD before big money sends everything ballistic in Q4!]

🚨STABLECOINS SETTLED $18T+ THIS YEAR SURPASSING VISA & MASTERCARD

🚨BofA: Tariff-driven inflation and Fed cuts could push real rates below 0, making policy accommodative and signaling higher tolerance for inflation.

[BTFD before real rates go to zero and $3T from WRESBAL flood into markets!]

🚨Bitcoin's October seasonality

Post Halving Years:
2021: +40%
2017: +47.81%
2025: ?

[Translation: higher, much higher!]

🚨BTC back above $112k