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🐋 WHALE WATCH: Global central banks are dumping U.S. Treasuries at the fastest rate since 2012.
The FT reports an $82 billion liquidation in just one month. Turkey alone offloaded $22 billion to save their currency.
When the safest asset in the world starts getting sold off like this the smart money moves elsewhere.
This is exactly why $BTC exists. Hard assets win when sovereign debt gets shaky.
Are we watching the end of the Treasury era ?