Today’s Nuggets
Move of the Month
Bitcoin Performance Post-Election
UK Pension Fund Allocates to Bitcoin
Memes Win the Month
SOL Continues to Lead ETH
VanEck Expands Crypto Offering with Pyth ETN
BTC Hash Hits ATH on Election Day
Semler Adds 47 BTC More to Treasury
Tesla Secured a New $200 Million Megapack Contract
Tuesday was historic and we will try to break down to see what happens after the election. We will look at some odds related to whether we will get a decision tonight because that is what you people want. What happens after the election is most important; we will dig into that.
This week's top token unlocks include Aptos, Avalanche, Cardano, Sui, Jito, Workhole, Arbitrum, and DYDX.
Be careful if you hold any of these things, especially if the unlock is 2% or more.
According to Arkham, Mt. Gox made its usual "move of the month" yesterday, transferring about 32,371 Bitcoin to two unknown wallet addresses.
The exchange moved 500 Bitcoin last week as it worked to repay creditors that rattled the markets yesterday. The Mt. Gox legends have been waiting so long to get their crypto that they are not going to just sell it instantly when they get it.
This is the move over the last 30 days from Ethereum to Solana. $150 million has drained from the Ethereum network to Solana and $100 million has returned to Ethereum.
This resulted in a net deficit of $50 million from Ethereum into the Solana black hole. No surprise here, as it has been happening all year.
We remain in the Greed zone as we have been in for four weeks.
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