CPI DAY #1 2023

Economists predict that the year-over-year headline Consumer Price Index (CPI) will decrease to 6.5% from 7.1%. The median monthly seasonally adjusted print is also expected to decrease by 0.1%, which would be the first decrease since May 2020, following the start of the pandemic.

Will update CPI release alert- stay tuned.

And here are Bitcoin returns % before and after the CPI release | For the Previous 12 Months Separately..

As FTX says it has recovered more than $5 billion worth of cash and crypto assets it may be able to sell to help repay customers and investors..

These are the list of their (Alameda Desk) Investments digital (on-chain and off-chain) Included.
Adding Investments that are above $10m in size.

Alameda Desk Big Investments are:
1- Polygon ~ $450m
2- Genesis Digital Assets ~ $431m
3- Anchorage Digital ~ $350m
4- Solana ~ $314m
5- 1inch ~ $175m
6- Near ~ $150m
7- Aptos ~ $150m
8- Helium ~ $111m
9- Toss ~ $113m

(If they sell I will send alerts quickly) so you can take precautions.

Other investments are in screenshot below size < $100m

SBF Just published a Substack: https://sambf.substack.com/p/ftx-pre-mortem-overview

U.S. CPI: 6.5% YEAR-OVER-YEAR (EST. 6.5%)
U.S. CORE CPI: 5.7% YEAR-OVER-YEAR (EST. 5.7%

After news of Digital Currency Group's subsidiary crypto broker Genesis owes creditors over $3 billion.

DCG is now exploring the potential sale of parts of its venture capital holdings, which include over 200 crypto-related projects such as exchanges, banks, and custodians in at least 35 countries, and is valued at around $500 million.

DCG Portfolio Attached!

Alameda starts receiving small clips in their main wallet. They might want to sell soon! because the wallets that is sending these funds has been inactive for several months. small sums of nearly $6,400 in WBTC $1,245 in USDC , and $252 in GUSD.

Animoca Brands deposited 2 million $SAND to Binance once again.

They continue to make regular deposits of $SAND on a daily basis.

DYDX is facing significant token unlocks in 2023, with the circulating supply of tokens set to increase by over 206%. This includes a major unlock on February 4th, which will release 150 million tokens. Additionally, tomorrow's DYDX token unlocks are valued at $9.63 million or 4.47% of the market Cap.

Since its launch, the DYDX project has been gradually unlocking tokens, releasing 6.64 million tokens or 0.65% of the total supply since September 2021 at the rate of per month. This serves as a live example of how a sharp increase in a project's token supply can lead to the decline of the token's value. As token unlocks began, the price of $DYDX fell from its September 2021 value of $25 to its current value of around $1.50. (Graph 1: Token Price vs. Circulating Supply)

The DYDX token has experienced a significant decline in value, currently standing at 94% down from its all-time high. This marks a significant loss for investors who have held the token during this time period.

some top performing ecosystems
Move To Earn ecosystem is up ~ 57%
Social Money ~ 53%
Solana ~ 46%
Metagovernance ~ 43% on weekly basis

Regarding $DYDX, a few wallets and things that I found interesting that you can check out:

1- Overall, 56% of the whole supply is held in the DYDX project itself (Community treasury, rewards, vesting's).

2- The rewards wallet is continuously unlocking tokens (from Jan/2022, $350m worth of $DYDX tokens, to now, over $260m $DYDX tokens only), so I expect them to keep doing what they are doing.

3- The community treasury wallet is not moving their tokens much and staying at the same value since 2022 ($36m). It could mean that the project is not actively raising funds or that the funds are being used at a steady rate to support ongoing initiatives. However, it could also be a sign that the project is not generating enough revenue or that the community is not actively proposing and funding new initiatives. Remember, the price went from $25 to $1.50.

A few wallets that bought and received tokens recently:

Around 65% of Supply is currently on exchanges or 654m.

Winter mute holds $4.35m worth $DYDX tokens received 2m yesterday

0x2a9df649f88b9ea0d85a405299ceab227da4c5dd. This wallet holds $9.30m worth of $DYDX tokens, received 2m from Winter mute yesterday, he usually sells after holding for some days.

0x4385d35d6c2668a481ecca73553d15aeff30a979. This one holds $3.75m worth of $DYDX tokens received on Jan 05/23. It's not moving or selling so far, worth monitoring it.

Another massive unlock is coming for $RUNE Thorchain in 5 hours. ~$16.23 M (3.33% of M.Cap) this is 4x the size of unlocks compared to the previous 2 months of unlocks at a rate of 0.52%.

For a better understanding of the impact of token unlocks on price, please check the attached graph (grey shades indicate token unlocks 7-day returns & Date)

gud quality

$RUNE Circulating Supply Since 2019.. says a lot... from 50m to 300m

The Daily Buys on DEXs for RUNE token is a crucial metric to monitor as it can provide insight into the demand for a particular token. The recent drop from 31k during the October 2021 bull market highs to a range of 100-200 daily buys on DEXs now is a significant change that should not be ignored.

And here is the last imp metric for Rune (Thor-chain) Average New Users Per Day (RUNE), A clear sharp drop, magic of token demand side..

A quick update regarding $DYDX unlocks: this graph shows 7-day cumulative returns after $DYDX token unlocks. As you can see in the last bar, we have just started to join the others in the previous range of drop. Overall, each unlock of DYDX leads to a sharp drop. As of now, the token is down by 17%, since last unlock.

complete list of token unlocks for this week. (23-30)/2023