POPA ReconArch (#id057931)
Arch (#id057931) # Arch Blog Our September Blog is now LIVE. On 19 August the US Treasury doubled its long-end buybacks. By Friday those bonds had returned 0.01% on the week. Gold returned 5.45%. Bitcoin returned 23.78%. The S&P 500 lost 1.37%. An intervention that moves everything except the thing it was aimed at is not a policy success. Drawing on data from Glassnode, Wintermute, CryptoQuant and Bitfinex, the article breaks down: - Why the largest short liquidation since 2019 left less leverage in the system than it started with - How mid-sized wallets shed 50,500 coins since June while…
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