Alex Crypto

@cryptoquant_com @oro_crypto For full context - I posted earlier today on this exact divergence between derivatives and on-chain: x.com/alexbayarchyk/…

BTC’s Rally Was a Short Squeeze “As long as price depends more on derivatives than on solid spot validation, the structure will remain vulnerable to reversal.” – By @oro_crypto

Interesting take, but the on-chain data tells a different story. During the same rally: → Exchange netflow stayed deeply negative → -231 BTC withdrawn just today → Almost no inflows for 3 weeks If this was purely a derivatives squeeze, we'd see whales front-running with deposits to exchanges. We don't. Spot accumulation under the move makes a reversal less clean than the derivatives picture suggests.

🐋 Bitcoin price: $68K → $78K in 3 weeks. But look at exchange netflow during this rally: → Red bars dominate (outflows) → Today: -231 BTC withdrawn → Almost no inflows to exchanges Translation: Whales aren't taking profit on this move. They're adding more cold storage exposure. When price runs up and BTC keeps leaving exchanges - that's not distribution. That's conviction. Watching for the next leg.

Everyone watches global M2 supply and loves overlaying it on BTC. I’d rather track stablecoin supply — it’s a cleaner read on actual capital flowing into the market. USDT mcap +3% over the last 30 days. Supply up over $6B in the past two months. Smart money looks like it’s already getting positioned.

📊 BTC Spot ETF — Apr 24 Day 9 of the inflow streak. But the streak is dying quietly. Daily net inflows over the last 9 days: Apr 17: +$663M ← peak Apr 18: +$411M Apr 21: +$11M Apr 22: +$335M Apr 23: +$223M Apr 24: +$14M ← today Yesterday's print was 47x smaller than the peak. Only IBIT and MSBT printed green. FBTC, BITB, ARKB all bled. The headline says "9 days of inflows." The data says "momentum is gone." Watching for a break tomorrow.

⚠️✴️#crypto #hack Pavel Durov stated that 41 kidnappings in France in early 2026 related to cryptocurrencies were committed due to data leaks that revealed user information.

✴️ The total volume of the cryptocurrency market has increased by $310 billion in just four weeks.

✴️ Trump's family has already earned $4 billion as president. Cryptocurrency: $3.02 billion. Gulf deals: $425.8 million. Qatar plane: $150 million. Legal expenses/souvenirs: $127.7 million. Mar-a-Lago: $125 million. Corporate deals: $91 million. Hotel in Hanoi: $40 million. Truth Social: $25 million. Donald Trump Jr.: $19.6 million. It's quite interesting that Trump's family has earned a record amount during his current presidency, largely due to cryptocurrency, specifically certain projects and personal shields that have generated significant revenue.

✴️ In the last 4 hours, Bitmine has locked an additional 112,040 $ETH, worth 260.13 million dollars. 8 hours ago, Grayscale also locked 102,400 $ETH, worth 237.35 million dollars.

🔳 Sentiment: The total outflow of $XRP from exchanges on the XRP Ledger was 34.94 million, which was the sixth-largest outflow in a single day this year. Historically, days with large outflows have been followed by price increases.

⚠️🇮🇷#Iran #geopolitics Iranian Foreign Ministry: no meeting between Iran and the United States is planned

GM Everyone Today is a new chance Do what you couldn’t do yesterday.

❗️🇮🇷#Iran #geopolitics Direct talks between the US and Iran are expected on April 27 in Islamabad — Axios correspondent Barak Ravid

⚠️🇮🇷#Iran #geopolitics Iranian officials do not hold any talks with the US in Islamabad - Tasnim

#usdt 🇮🇷 344m USDT blocked by Tether were linked to the Iranian regime (CNN) ➥ According to Chainalysis, crypto assets in Iran have reached ~$7.8b, with about half controlled by the Islamic Revolutionary Guard Corps (IRGC).➥ Experts also believe that the effect of the freeze is limited – Iran has long adapted to sanctions and actively uses cryptocurrency to circumvent restrictions.

⚠️🇮🇷#Iran #geopolitics It is unclear why Kushner and Whitcoff are flying to Islamabad, as there are no planned negotiations between Iran and the United States on the Iranian Foreign Ministry's agenda, and Aragchi is unlikely to be in Islamabad at this time. Iranian journalists in Islamabad

❗️🇮🇷#Iran #geopolitics IRAN'S FOREIGN MINISTER WILL DELIVER IRAN'S CONSIDERATIONS ON ENDING THE WAR — TASNIM WITCOFF AND KUSHNER WILL PARTICIPATE IN THE NEGOTIATIONS WITH ARAGCHI — CNN VANCE WILL NOT PARTICIPATE BECAUSE GALIBAFA WILL NOT

✴️#ETH #crypto #cot The Ethereum Foundation has reported that it has sold 10,000 ETH OTC to BitMine #BMNR by Tom Lee

❗️🇮🇷#Iran #event Iranian Foreign Minister Araghchi confirmed that he is traveling to Islamabad, Muscat, and Moscow. Araghchi: The purpose of my visits is to coordinate closely with our partners on bilateral issues and hold consultations on regional events. Our neighbors are our priority.

❗️🇺🇸#fed #usa #trump and another blow to Trump: The US Justice Department is expected to end its criminal investigation of Fed Chairman Powell today — ABC News this could further delay the approval of Worsch as the new Fed Chair