☕️ Good morning.

Market situation:

- Bitcoin around $70,726;
- Ethereum approximately $2,159;
- Fear and Greed Index: 15;
- Altseason Index: 55;
- Bitcoin dominance: 58.93%;
- Market cap: $2.38 trillion.

🔽 BTC ETH -$66.6 million [currently no data on BTCW, where there are usually only minimal movements of a few million].
🔽 ETH ETF - $40.7 million.

⚫Whale activity in BTC has dropped to historic lows: only 6,417 daily transactions over $100k minimum since September 2023( and 1,485 over )million $1 minimum since October 2024(. Smart money is frozen, waiting for the CLARITY Act and the resolution of the war, alongside retail investors.

⚫500 BTC )$35.4 million( from the "irretrievably lost" 6,000 BTC of Irish drug dealer Collins suddenly reactivated after 10 years and moved to Coinbase, another 5,500 BTC )~(million$389 remain on wallets. Previously, it was said that the keys were lost.

⚫Arthur Hayes: "The markets are completely high on hope right now. Of course, I want the killings to stop, but I’m not buying risk here."

⚫On Tuesday, Bitmine bought an additional 67k ETH for )$mill, bringing reserves to 4.66 million ETH @E11~$145 billion, 3.86% of supply(. ETH down 55% from ATH, BMNR down 60% over six months.

⚫Bhutan transferred 519.7 BTC $10 $36.75 million) to two new addresses, one of which is linked to QCP Capital and was previously used for OTC sales.

⚫Lido’s revenue fell 23% to $40.5 million in 2025, expenses $45.5 million, treasury $157.5 million (-)million(. DAO is considering a buyback of LDO in Q2 2026 using staking income with placement in the LDO/wstETH pool.

⚫The average unemployment duration in the US has increased to 25.7 weeks $14 a four-year high), median up to 11.1 weeks, both metrics steadily rising at a pace characteristic of the beginning

⚫Nasdaq 100 company insiders are increasing purchases as the index declines.