Market News

Exchange reserves continued to decline this week across the venues I track, while stablecoin supply ticked up. Historically those two together have coincided with lower available float. Data and methodology linked in the thread — please check my work.

Pinned by moderators

Moderation note: we removed a wave of accounts today promising guaranteed returns via direct messages. Simanova staff will never DM you about a private group or ask for funds. Report, block, move on. Thank you to everyone who flagged them.