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 reduced to 3.125 BTC
Block reward halving event
92 million ARB released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Team and early investor shares released
Raises validator limit and account abstraction
Bitcoin Season