US Govt Sold 9,800 BTC on March 14, Intends to Sell a Further 41,500 BTC Connected to Silk Road in Four Batches Over the Course of the Year: Court Filing

march 14/ the inflows to exchanges...

LD-Capital just deposited 555k $CTSI tokens to Binance, worth $85k.

The Fed released its balance sheet and it showed a slight decrease.

Arbitrum Foundation says it started dumping ARB tokens before the community "ratified" its treasury decisions.

This incident/activity shows that decentralized systems (DAO's) are not immune to corruption and abuse, and underscore the importance of transparency, accountability, and community participation

Wintermute Wallet dumped $4.57 million worth of $ARB tokens on Binance in the last two hours.

Some say it's the Arbitrum team wallet, but labeled as Wintermute. They are still holding 1,755,588 (1.7 million) $ARB tokens.

address:
0xb3f923eabaf178fc1bd8e13902fc5c61d3ddef5b

The pressure can be seen in the price.

The current 24-hour $ARB volume is around $300m.

What effect would a $750m dump (as proposed for Arbitrum op costs $750m ) have on the price?

If the team is skilled and capable enough, they should provide clarifications that could indicate a local bottom in $ARB above $1.16. Otherwise, if they continue to be non-active with recent DAO activities and continue selling, it could lead to further price weakness and inner governance weakness of the DAO..

read forum update for detailed clarity ;

https://forum.arbitrum.foundation/t/clarity-around-the-ratification-of-aip-1/12864/15

The Fed's balance sheet shrunk by $27 billion in the last week of March..

Big Week | Macro Calender

Employment report
Trade balance
ISM manufacturing and services
Vehicle sales
Construction spending

Note: Non-Farm Payroll (NFP) data will be released on Friday.

April Token Unlocks Focus:

Mainly $LDO, $RUNE, $CTSI, and $MC will have their last venture capital (VC) unlocks this month.

$LDO has already unlocked 86% of its supply, and with the final VC unlock this month, the token may see fresh inflows and less selling pressure going forward.

Additionally, $AXS, $SFP, and $AXL tokens are expected to have medium-sized unlocks this month. Check out the complete opportunity set dashboard screenshot attached!

if anyone needs excel, please shoot me a dm!

very High demand, so sharing it here;

Weak ADP data from the US; still printing soft..

ISM next and then NFP on Friday, will give a complete picture. But so far, the trend looks clear: the US economy is softening, and the Fed is done hiking $BTC, $DXY