The Friction Report: Scarcity narrative vs hidden sell-side pressure. Top tensions we’re watching: Visible Accumulators vs Hidden Sell-side; ETF productization vs supply drain; Solana utility vs operational risk. Tension 1 — Visible Accumulators vs Hidden Sell-side Podcasters replay Saylor, IBIT and Tether buys as public demand removing $BTC from exchanges while guests warn miners and OTC desks sit on inventory that can be dumped. α-sentiment is 6.8 and 84% of episodes focus on $BTC, which amplifies FOMO. If public flows keep running the squeeze holds; if miners or desks accelerate selling the scarcity story reverses fast. Watch miner flows, ETF net flows and OTC inventory. This is podcast intelligence, NOT financial advice. #BTC #ETF #miners #podcastintelligence