Days of fear match the FTX crash record, but money is flowing in • Around $662 million worth of BTC poured into exchanges, with Coinbase alone absorbing 7,527 BTC • Whales are going 20x leverage long on BTC + ETH, with a total exposure of about $40 million • Big bro is up $1.1M in unrealized gains and keeps adding to his ETH position • Long-term holders have locked up 4.37M BTC, holding tighter than ever The most honest signal in the market isn’t sentiment—it’s positions