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Alex Thorn

Following0Followers (X)63.08KPosts141Likes12.71K
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cannot wait to watch this documentary only in the last several months (since coldcard) have i gotten deeper into rapid response onchain forensics and worked with several of these people but it is a dark forest and these are the good people holding a lantern (cc @_SEAL_Org)

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bitcoin dumping on tonight’s news. currently ~$76.8k as i write this. 50-week is $76.1 invalidation of the thesis in this report requires a month below 50-week without recovery. and i did said dips below could happen but 50w remains key level to watch 👀

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in the second half of october, bitcoin returns have been driven by asia trading hours, with europe dragging https://t.co/S47Qjuz2Ul

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anemic treasury company purchasing and ETF outflows have contributed to bitcoin’s weakness in october in this chart, Institutional Absorption vs. OG Distribution, we measure: (ETF Net Flow + BTC Treasury Company Net Flow) - (5+ Year Dormant Coin Awakenings Onchain) https://t.co/1La1csvkHp

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this “genesis block puzzle” has been solved. someone made a 2-of-2 multisig using weak entropy derived from data in satoshi’s genesis block, and people paid for hints until someone cracked it the timechain is filled with strange wonders, artifacts, history, and even puzzles 🧩

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bitcoin supply by price it last moved onchain (UTXO realized price distribution), stacked by entity type that last moved it (some big CEX reshuffling last year in the 84k range) https://t.co/MgprL32l13

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more than half of all BTC supply is sitting in addresses with no known attribution despite all the institutionalization and centralized ownership over the years, still a ton of bitcoin (maybe even most) is held by individuals in self-custody 🔐 https://t.co/OYGFMuQVvQ