Satsuma's 668 BTC Fire Sale: The Hidden Signal in a Failed Treasury Strategy
The headline writes itself: UK-listed Satsuma is selling its 668 Bitcoin hoar...
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Fear
Market Sentiment
Block reward halving event
Block reward reduced to 3.125 BTC
Team and early investor shares released
Independent validator client goes live on mainnet
Raises validator limit and account abstraction
Improves data availability sampling efficiency
92 million ARB released
Circulating supply increases by about 2%
Bitcoin Season