Capitulation Process: Coinbase Miss & BlackRock UNI Move
I unpack the capitulation process driving crypto this week — Coinbase Q4 miss, BlackRock buying $UNI and quiet groundwork for a next phase. Read tactical signals.
Capitulation Process: Coinbase Miss & BlackRock UNI Move
I unpack the capitulation process driving crypto this week — Coinbase Q4 miss, BlackRock buying $UNI and quiet groundwork for a next phase. Read tactical signals.
Double Kill: $625M Liquidated as BlackRock Moves Half a Billion
Market hunted liquidity in both directions. $306M longs and $319M shorts liquidated. BlackRock moved $430M to Coinbase Prime. Basis trade yields compressing to 5-8%. The leverage flush was necessary.