🐳 Bitcoin whale sparks $310M wipeout

Today’s BTC flash crash came from one source, a whale unloading 24,000+ BTC, much of it untouched for 5+ years, and rotating into ETH.

➡️ 12,000+ BTC sent to Hyperunite today
➡️ 18,000+ BTC ($2B) already sold
➡️ 6,000+ BTC ($670M) left to dump
➡️ $2B worth of ETH bought, $1.3B staked

One wallet just flipped the market and reminded everyone how thin liquidity really is.

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📄 Crypto Watchlist for this week:

➡️$HYPE $ETHFI - EtherFi will soon launch perps powered by Hyperliquid

➡️$S - Voting for Sonic's proposal to create a Sonic USA entity and launch an $S ETF ends on Aug. 31

➡️$SILO - Silo Finance's proposal to distribute 50% of its revenue as USDC to xSILO holders looks like it will pass today

➡️$ANON - Daniele Sesta announced that HeyAnon 1.0, the biggest protocol upgrade so far, will be released next week

➡️$HUMA - 21% of Huma Finance's HUMA circulating supply will be unlocked on Aug. 26

➡️$LINEA - Linea airdrop checker is rumored to be launched next week

➡️$BARD - Lombard's BARD community sale starts next week

➡️$POL - Polygon CEO will do an AMA revealing the project's roadmap next week

➡️$RUNE - The next major THORChain upgrade happens next week

➡️AI coins - NVIDIA earnings call is scheduled for Aug. 27

➡️Macro events - China is considering approving yuan-backed stablecoins this month according to Reuters

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🚀 WLFI goes live September 1

World Liberty Financial will launch on Ethereum mainnet September 1 at 12:00 UTC.

Trading opens alongside first claims, with early supporters able to unlock part of their allocation.

➡️ 20% TGE unlock for buyers from $0.015 and $0.05 rounds

➡️ Lockbox activation required before claiming

➡️ Unlock schedule for remaining tokens decided by community governance

How governance handles vesting will set the tone for WLFI’s early market performance.

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🕯 Bitcoin and the Business Cycle

This chart overlays Bitcoin’s price with the business cycle oscillator - a macro tool tracking expansions (green) and contractions (red).

Here’s what stands out:

➡️ Every single Bitcoin cycle top (2013, 2017, 2021) aligned exactly with the peak of the red bar section.

➡️ Those peaks marked overheated macro conditions - late-stage liquidity, risk assets maxed, and BTC euphoria.

➡️ Today? We’re still deep in the green expansion phase. Historically, this is where Bitcoin grinds higher while liquidity remains loose.

Bitcoin doesn’t top in the middle of growth phases.

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🏆 Ethereum just broke a record most people don’t know about.

It became the fastest major asset in history to hit a $500B market cap.

➡️$ETH - 5.8 years.
➡️$AAPL - 35 years.
➡️$BTC - 12 years.

Crypto is the fastest growing asset class in history.

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