Here is what they don’t want you to know about why crypto is down today. CryptoQuant data shows the exchange whale ratio spiked days before the United States launched Operation Epic Fury against Iran on Saturday. The biggest wallets on earth were dumping Bitcoin from $70,000 while Polymarket already had US strike odds at 61%. They knew. They sold. And then $128 billion was erased from total crypto market value in one hour. Forbes reported Saudi Arabia offering to support the US “in any capacity” as retaliatory missiles hit US bases in the Gulf, and analysts warned that any disruption to the Strait of Hormuz, which handles 20% of global oil flows, could keep risk off conditions in place for months.
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Here is what they don’t want you to know about why crypto is down today. CryptoQuant data shows the exchange whale ratio spiked days before the United States launched Operation Epic Fury against Iran on Saturday. The biggest wallets on earth were dumping Bitcoin from $70,000 while Polymarket already had US strike odds at 61%. They knew. They sold. And then $128 billion was erased from total crypto market value in one hour. Forbes reported Saudi Arabia offering to support the US “in any capacity” as retaliatory missiles hit US bases in the Gulf, and analysts warned that any disruption to the Strait of Hormuz, which handles 20% of global oil flows, could keep risk off conditions in place for months.