usdt

USDC

steth

doge

wbeth

wbtc

link

USDE

HYPE

avax

usds

hbar

shib

WLFI

aave

JITOSOL

pepe

COAI

near

ASTER

USD1

pyusd

ondo

RETH

USDtb

algo

atom

xaut

PENGU

BFUSD

RENDER

PUMP

LBTC

paxg

TRUMP

bonk

nexo

cake

fdusd

MORPHO

METH

msol

RLUSD

index_fgi

恐怖と欲望指数（FGI）

MAG7

SoSoScholar

SoSoScholar2025 - Submission Timeline & Suggested Themes

SoSoScholar2025 - 提出期限と推奨テーマ

SoSoValue Research Competition S3が10万ドル相当の賞金プールで開始

SOSO

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="5a6cf168-f86d-439a-80a6-6ae0dc989cc6"><div class="bn-block" data-node-type="blockContainer" data-id="5a6cf168-f86d-439a-80a6-6ae0dc989cc6"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>The wait is over. SoDEX is coming.</strong>

AI-powered investment research platform SoSoValue has announced the testnet launch of its incubated high-performance trading chain SoDEX. Starting from 9:00 PM (HKT) on June 16, global users can apply for whitelist access through the official website. 

SoDEX supports on-chain order book trading for both spot and derivatives markets. It is built on ValueChain, a proprietary Layer 1 blockchain developed in-house by SoSoValue. ValueChain is tailored for financial-grade applications, featuring high throughput, multi-chain compatibility, and modular scalability. It consists of two core components: an EVM-compatible System Chain, and high-performance Application Chains —together enabling a secure, efficient, scalable and robust trading infrastructure for SoDEX.<br>
<strong>Why SoDEX?</strong>
Seamless – One-stop research and trading, directly integrated with SoSoValue
Order book-based – Familiar CEX-style UX with real-time, intuitive execution
Secure – Self-custodial, regulation-aware, and institution-ready
Open – Fully onchain, borderless, transparent — no intermediaries
SoDEX supports spot, RWA, perpetuals, and more — all with unified liquidity and instant settlement.<br>
<strong>Why Join the Testnet?</strong>
Whitelisted users will gain early access to SoDEX and become eligible to share in 1,000,000 $SOSO in testnet rewards. Additional rewards will be distributed through our PnL leaderboard, trading competition, and bug bounty program.
<br><strong>How to Apply</strong> <br>1. Visit: https://sosovalue.com/shares/FmKqPx <br>2. Join our Telegram Group <br>3. Fill out the whitelist form (pinned in the group)  </p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ca04ec29-5603-433a-af3c-eaa515decbab"><div class="bn-block" data-node-type="blockContainer" data-id="ca04ec29-5603-433a-af3c-eaa515decbab"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

🚀 SoSoValue launches SoDEX Testnet,  High-Performance Trading Chain Whitelist Opens!

🚀 SoSoValue が SoDEX テストネットを開始、高性能トレーディング チェーンのホワイトリストがオープン!

SoDEX Testnetのホワイトリストが公開されました。参加を申し込んでください。

The Dangers of a Centralized Black Box in Crypto Trading

暗号通貨取引における中央集権型ブラックボックスの危険性

Conflict Between HyperLiquid and Binance – Explained

HyperLiquidとBinanceの対立 – 解説

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="4b63591a-08ce-442f-8628-7a8e2141508a"><div class="bn-block" data-node-type="blockContainer" data-id="4b63591a-08ce-442f-8628-7a8e2141508a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The crypto market took a sharp dive recently as both institutions and retail investors rushed to sell. Binance confirmed that its core matching engines and APIs stayed up — but admitted that&nbsp;<strong>some modules briefly glitched</strong>, leading to a few assets (like USDE, BNSOL, and WBETH)&nbsp;<strong>depegging</strong>&nbsp;😬</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4965b6e6-5b66-427e-9987-01a289de64ca"><div class="bn-block" data-node-type="blockContainer" data-id="4965b6e6-5b66-427e-9987-01a289de64ca"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Binance has already compensated affected users within 24 hours — about&nbsp;<strong>$283 million</strong>, mostly for liquidation losses tied to the depegging. They’re also covering issues from internal transfers and Earn redemptions.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bee4eaeb-f6bb-4cb0-99de-6c93a7e3a58b"><div class="bn-block" data-node-type="blockContainer" data-id="bee4eaeb-f6bb-4cb0-99de-6c93a7e3a58b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">As for those crazy low spot prices that popped up on some pairs? Binance says it was&nbsp;<strong>old limit orders hitting thin liquidity + UI precision issues</strong>, not a full-on system failure. Still… not exactly reassuring.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ed669d19-0c22-45b6-aac1-1b30f16ac43d"><div class="bn-block" data-node-type="blockContainer" data-id="ed669d19-0c22-45b6-aac1-1b30f16ac43d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">👉 It’s a reminder: even the biggest CEXes aren’t bulletproof.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2809ca2e-a693-491d-83bb-e3aac1d0eb92"><div class="bn-block" data-node-type="blockContainer" data-id="2809ca2e-a693-491d-83bb-e3aac1d0eb92"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Technical hiccups can trigger huge chain reactions</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="51e507b4-2297-48ce-b8e9-1c1ce28d0b9d"><div class="bn-block" data-node-type="blockContainer" data-id="51e507b4-2297-48ce-b8e9-1c1ce28d0b9d"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Market structure + UI quirks can make things worse fast</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="01aab6e6-593d-4c55-ac83-a341e902b204"><div class="bn-block" data-node-type="blockContainer" data-id="01aab6e6-593d-4c55-ac83-a341e902b204"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">And when things break, you’re relying on the exchange’s goodwill to make you whole</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e6446c10-0613-44f8-9d27-197815b680c4"><div class="bn-block" data-node-type="blockContainer" data-id="e6446c10-0613-44f8-9d27-197815b680c4"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="58a17c20-6de3-4c94-b75c-5c9843ecdb57"><div class="bn-block" data-node-type="blockContainer" data-id="58a17c20-6de3-4c94-b75c-5c9843ecdb57"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🤔 What do you think?</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b7e46ce9-ff30-4674-91f3-07a3501c0f6a"><div class="bn-block" data-node-type="blockContainer" data-id="b7e46ce9-ff30-4674-91f3-07a3501c0f6a"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Is this just “part of the game,” or a red flag?</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5049104c-7604-40ea-96b7-4acd13a7e48e"><div class="bn-block" data-node-type="blockContainer" data-id="5049104c-7604-40ea-96b7-4acd13a7e48e"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Would you trust CEX risk management in a real black swan event?</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2474423a-03d3-4069-831e-f8d729fc4a2f"><div class="bn-block" data-node-type="blockContainer" data-id="2474423a-03d3-4069-831e-f8d729fc4a2f"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Do you keep collateral on CEXes, or prefer self-custody?</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4b4e72a1-a1bf-4991-a9af-aaab13b7fa2b"><div class="bn-block" data-node-type="blockContainer" data-id="4b4e72a1-a1bf-4991-a9af-aaab13b7fa2b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Drop your thoughts below 👇</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="96f69eca-3061-478c-8830-3478908733be"><div class="bn-block" data-node-type="blockContainer" data-id="96f69eca-3061-478c-8830-3478908733be"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

💥 Another reminder of how fragile CEXes can be

💥 CEXがいかに脆弱であるかを改めて思い知らされる

またもや暴落、190億ドルの清算、暗号資産（Crypto）投資家はそれを乗り越えられないのか？

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="0b632859-d0a0-48cd-b659-74a757208baa"><div class="bn-block" data-node-type="blockContainer" data-id="0b632859-d0a0-48cd-b659-74a757208baa"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">According to data from<br>@SoSoValueCrypto, the total <strong>stablecoin market capitalization</strong> surpassed <strong>$282 billion</strong> as of October 14, 2025, with <strong>USDT</strong> at $179.97B and <strong>USDC</strong> at $75.81B. This growth reflects a strong recovery in the digital asset market and marks a pivotal shift in the global circulation and holding of USD.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7ef7d713-08a0-4a36-a5dc-ae7045d87f43"><div class="bn-block" data-node-type="blockContainer" data-id="7ef7d713-08a0-4a36-a5dc-ae7045d87f43"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Stablecoins are emerging as a <strong>digital embodiment of the U.S. dollar</strong>, extending its influence beyond traditional legal and banking frameworks. Through blockchain technology, the dollar becomes <strong>interoperable, instantaneous, and intermediary-free</strong>, enabling investors, businesses, and individuals worldwide to access USD liquidity without going through conventional financial channels. This represents a process of <strong>decentralizing access to the dollar</strong>, transferring control from centralized institutions to the community of users.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="57e943db-3491-40af-841e-c3d47647b7b2"><div class="bn-block" data-node-type="blockContainer" data-id="57e943db-3491-40af-841e-c3d47647b7b2"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">On a macro level, stablecoins are <strong>reshaping the monetary power of the United States</strong> in a more flexible manner. When USDT and USDC are used as mediums of exchange, cross-border payment tools, or value stores, USD effectively becomes the <strong>implicit accounting standard of Web3</strong>, mirroring the role of reserve currencies in the traditional world. From a geopolitical perspective, stablecoins act as a <strong>“digital extension of the FED”</strong>, maintaining the dollar’s global influence without requiring direct intervention from Washington.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e3942907-639c-4a23-b168-93c7a80596bb"><div class="bn-block" data-node-type="blockContainer" data-id="e3942907-639c-4a23-b168-93c7a80596bb"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">However, this process introduces <strong>structural risks</strong> for the global monetary system. As USD is “tokenized” and circulates beyond central bank oversight, the <strong>effectiveness of U.S. monetary policy may diminish</strong>. Moreover, stablecoins’ dependence on collateral held in U.S. banks creates <strong>contagion risk</strong> from traditional finance to crypto, especially under scenarios of extreme liquidity crises or interest rate volatility.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c0045e4d-681e-473b-bf4a-1cec7747e0b5"><div class="bn-block" data-node-type="blockContainer" data-id="c0045e4d-681e-473b-bf4a-1cec7747e0b5"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">A notable paradox emerges: while stablecoins <strong>reinforce the USD’s international position</strong>, they simultaneously <strong>dilute U.S. control</strong> over its own currency. USD no longer exists solely as a sovereign-issued entity but operates in <strong>multiple forms with varying degrees of trust</strong> — a “decentralized dollar” governed by technological logic rather than legal authority.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f54112c5-f346-4dd3-871a-1c6d30baa7bc"><div class="bn-block" data-node-type="blockContainer" data-id="f54112c5-f346-4dd3-871a-1c6d30baa7bc"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Globally, stablecoins are also <strong>reshaping foreign reserve dynamics</strong>. Economies with high inflation or unstable banking systems increasingly hold stablecoins as an alternative to physical USD, accelerating the <strong>digitization of international reserves</strong>. This reduces the role of traditional banking intermediaries and introduces a new class of <strong>liquid, borderless, and programmable reserve assets</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="8269d50c-8ba2-49f9-89a4-5ea949f278c1"><div class="bn-block" data-node-type="blockContainer" data-id="8269d50c-8ba2-49f9-89a4-5ea949f278c1"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">In sum, stablecoins sit at the <strong>intersection of traditional finance and digital economy</strong>, bridging physical and decentralized USD. They amplify the dollar’s influence in Web3 while raising critical questions about <strong>who truly controls monetary power in the post-bank era</strong>. In the emerging financial order, <strong>those controlling stablecoins hold a fragment of the USD’s “digital soul.”</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="79dfc067-da89-4623-b763-6da8c3aa369e"><div class="bn-block" data-node-type="blockContainer" data-id="79dfc067-da89-4623-b763-6da8c3aa369e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9c7127d6-e36c-43c6-aa04-0bdbf1211a5e"><div class="bn-block" data-node-type="blockContainer" data-id="9c7127d6-e36c-43c6-aa04-0bdbf1211a5e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a2adfff7-c53e-4d63-ae7c-b74b5c2df51c"><div class="bn-block" data-node-type="blockContainer" data-id="a2adfff7-c53e-4d63-ae7c-b74b5c2df51c"><div class="bn-block-content" data-content-type="image" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/f715b9ee-a34b-48ae-be68-fa1737ff61a1.png" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/f715b9ee-a34b-48ae-be68-fa1737ff61a1.png" alt="BlockNote image"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a2f65366-432e-4678-b311-c61a4db57cd2"><div class="bn-block" data-node-type="blockContainer" data-id="a2f65366-432e-4678-b311-c61a4db57cd2"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

Daily Roast

Impact of Stablecoins on Global USD Demand

ステーブルコインが世界の米ドル需要に与える影響

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="b67fffc0-a57f-4777-bde5-713ff3eac527"><div class="bn-block" data-node-type="blockContainer" data-id="b67fffc0-a57f-4777-bde5-713ff3eac527"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">🐋 A two-week high in whale inflows stirs Uptober’s undercurrent — tactical tide or top test?</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9c68c058-d4b5-4e53-a43a-3ac8cf7e09d8"><div class="bn-block" data-node-type="blockContainer" data-id="9c68c058-d4b5-4e53-a43a-3ac8cf7e09d8"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">💸 <strong>The Inflow Impulse: 17K BTC’s Sudden Splash</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c49f838d-0aad-4dfb-8de8-51850fc5809a"><div class="bn-block" data-node-type="blockContainer" data-id="c49f838d-0aad-4dfb-8de8-51850fc5809a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">On <strong>October 14</strong>, CryptoQuant flagged a <strong>17,184 BTC transfer</strong> (~$1.9B) from whale wallets (&gt;1K BTC) to exchanges — a <strong>102% jump</strong> over the 30-day SMA and the <strong>largest inflow in two weeks</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3b1c8d00-363d-4203-b0ab-9951b8a7f756"><div class="bn-block" data-node-type="blockContainer" data-id="3b1c8d00-363d-4203-b0ab-9951b8a7f756"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">📊 7-day SMA holds at 12K BTC</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="57f8f60e-7233-4240-99a6-5807c87f41b4"><div class="bn-block" data-node-type="blockContainer" data-id="57f8f60e-7233-4240-99a6-5807c87f41b4"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🟦 Blue bar spike lines up with BTC’s <strong>$113K rebound</strong> (from $102K lows)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2ca91e58-eab2-44b2-8c2c-fef73adc5c6c"><div class="bn-block" data-node-type="blockContainer" data-id="2ca91e58-eab2-44b2-8c2c-fef73adc5c6c"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">💰 Exchange inflows up <strong>25% WoW</strong> to $2.1B (Glassnode)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f7bed0b1-4447-4ba4-9621-d2d3047ef864"><div class="bn-block" data-node-type="blockContainer" data-id="f7bed0b1-4447-4ba4-9621-d2d3047ef864"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">This isn't retail churn — whales control ~70% of supply, their flows shape market tides. Long-term holders offloaded <strong>~2%</strong> amid 97% profitability, funding spot scoops at resistance pivots.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="31b8f370-f15f-40e7-ba4b-b1bc9e5b5c54"><div class="bn-block" data-node-type="blockContainer" data-id="31b8f370-f15f-40e7-ba4b-b1bc9e5b5c54"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">🟢 <strong>Positive</strong>: Signals calculated profit-taking, not panic.<br>🔴 <strong>Risk</strong>: Thin orderbooks (-20% post-purge) could turn a tactical tide into a turbulence trigger.</blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="626f94b9-1189-45f0-8b7d-d023fd7a8a7d"><div class="bn-block" data-node-type="blockContainer" data-id="626f94b9-1189-45f0-8b7d-d023fd7a8a7d"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">⏳ <strong>Historical Heat: Inflow Echoes of Tops and Turns</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a43d9e1c-2cc2-4abd-909f-592d557cf189"><div class="bn-block" data-node-type="blockContainer" data-id="a43d9e1c-2cc2-4abd-909f-592d557cf189"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">CryptoQuant’s chart reveals a rhythmic pattern:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c745c30d-29c1-46be-982b-bdacec8ccddf"><div class="bn-block" data-node-type="blockContainer" data-id="c745c30d-29c1-46be-982b-bdacec8ccddf"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">✅ <strong>January 2025</strong> — 14K inflow preceded a <strong>+20% rally</strong> to $120K</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b24d3970-5155-4b29-9f71-5f00c64c8209"><div class="bn-block" data-node-type="blockContainer" data-id="b24d3970-5155-4b29-9f71-5f00c64c8209"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">⚠️ <strong>July 2025</strong> — 16K inflow aligned with a <strong>15% pullback</strong> before recovering</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bccce213-4e37-4b4a-a857-442d9c56dc65"><div class="bn-block" data-node-type="blockContainer" data-id="bccce213-4e37-4b4a-a857-442d9c56dc65"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🛑 <strong>2021’s 18K apex</strong> foreshadowed a <strong>50% slide</strong>, fueled by 75% long skew</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2e9a8121-1886-4309-8776-4a274680fd10"><div class="bn-block" data-node-type="blockContainer" data-id="2e9a8121-1886-4309-8776-4a274680fd10"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Currently, the <strong>7d vs 30d SMA delta is +5K</strong>, historically a sign of short-term tops but not terminal peaks. Uptober’s seasonal tailwind (+20% average) and ETF inflows ($3.17B weekly) offset some sell pressure.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="57856b7c-bd2c-4fe2-8608-f8031294d442"><div class="bn-block" data-node-type="blockContainer" data-id="57856b7c-bd2c-4fe2-8608-f8031294d442"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">🟢 <strong>Positive</strong>: Echoes past tactical tops that often reset leverage before rallies.<br>🔴 <strong>Risk</strong>: If inflows breach 20K BTC, a liquidity cascade could target <strong>$105K</strong>.</blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="86b35f99-76b6-43c4-8a74-4f8c7d0409c3"><div class="bn-block" data-node-type="blockContainer" data-id="86b35f99-76b6-43c4-8a74-4f8c7d0409c3"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">🧠 <strong>Market Moods: Sentiment’s Subtle Shift</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ab6e3597-c71c-400a-b4a9-77099d625341"><div class="bn-block" data-node-type="blockContainer" data-id="ab6e3597-c71c-400a-b4a9-77099d625341"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Retail chatter buzzes with FUD — “<strong>Whales dumping at $113K?</strong>” racks 30K+ X posts — while <strong>Santiment’s mild greed (55)</strong> masks deeper moves.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0813fd0a-9c6c-48ea-b218-e4cb5ce8f02f"><div class="bn-block" data-node-type="blockContainer" data-id="0813fd0a-9c6c-48ea-b218-e4cb5ce8f02f"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">📈 Social volume on $15K+ BTC queries up 40%</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7026025b-d5b9-41d0-bc9c-18ca7ef7e7eb"><div class="bn-block" data-node-type="blockContainer" data-id="7026025b-d5b9-41d0-bc9c-18ca7ef7e7eb"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🧊 Whale unrealized ratios at +15 = serene profit-taking</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a34f50bd-c757-4919-8157-1162b884876a"><div class="bn-block" data-node-type="blockContainer" data-id="a34f50bd-c757-4919-8157-1162b884876a"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">📊 Spot volumes +10% = HODL conviction intact</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ac3dced0-0040-480c-9a05-d0b0c26340a0"><div class="bn-block" data-node-type="blockContainer" data-id="ac3dced0-0040-480c-9a05-d0b0c26340a0"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Meanwhile, <strong>tariff pause teases</strong> (APEC Xi–Trump) temper panic, even as CEX outflows (-$50B) and China’s +8.3% export surge stir supply narratives. DeFi TVL’s 10% rise and 500K new self-custody wallets absorb some of the shock.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="be9e748e-1fd3-4d93-b6d5-5ed61b72fe44"><div class="bn-block" data-node-type="blockContainer" data-id="be9e748e-1fd3-4d93-b6d5-5ed61b72fe44"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">🟢 <strong>Positive</strong>: Retail oversold (RSI 30), ETF inflows resilient, whales not panicking.<br>🔴 <strong>Risk</strong>: Sustained inflow momentum could flip sentiment fast if macro sours.</blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ff92c2be-1204-4cd2-a6b2-e5e896826db1"><div class="bn-block" data-node-type="blockContainer" data-id="ff92c2be-1204-4cd2-a6b2-e5e896826db1"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">📝 <strong>Verdict: Flood’s Foreshadowed Flux</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6ec3aeb1-0bba-474a-9dda-6dd91c6fcd10"><div class="bn-block" data-node-type="blockContainer" data-id="6ec3aeb1-0bba-474a-9dda-6dd91c6fcd10"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">This <strong>17K BTC whale inflow</strong> isn’t a panic purge — it’s a <strong>positioning pivot</strong>. History frames such spikes as <strong>inflection points</strong>, often resetting leverage before continuation.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ddae4e6b-0237-4b88-9b50-9b4c25de5a0a"><div class="bn-block" data-node-type="blockContainer" data-id="ddae4e6b-0237-4b88-9b50-9b4c25de5a0a"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🐳 Whales are probing liquidity, not bailing.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="475af0e8-70b3-494c-a132-38d2754294e9"><div class="bn-block" data-node-type="blockContainer" data-id="475af0e8-70b3-494c-a132-38d2754294e9"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">📉 If inflows swell &gt;20K BTC, brace for <strong>$105K liquidity sweeps</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0a04f6ae-f256-48a4-abe0-7898c1031e45"><div class="bn-block" data-node-type="blockContainer" data-id="0a04f6ae-f256-48a4-abe0-7898c1031e45"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">📈 If they stabilize and SMAs flatten, <strong>$130K Uptober targets</strong> remain in play.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="97acae5a-77e5-439b-942e-1f4bb4518208"><div class="bn-block" data-node-type="blockContainer" data-id="97acae5a-77e5-439b-942e-1f4bb4518208"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">🧭 <strong>Strategy</strong>: HODL the horizon, hedge the hump. Whale waves often <strong>wash out weak hands</strong> before the next surge.</blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="096ba851-6f48-401d-ac05-eefc663bb4ac"><div class="bn-block" data-node-type="blockContainer" data-id="096ba851-6f48-401d-ac05-eefc663bb4ac"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">#WhaleInflows #BTCExchanges #CryptoQuant #Uptober2025 #OnChainAnalysis #BitcoinWhales #MarketFlows</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="60b7299e-8487-4002-965d-5f27463cedbf"><div class="bn-block" data-node-type="blockContainer" data-id="60b7299e-8487-4002-965d-5f27463cedbf"><div class="bn-block-content" data-content-type="image" data-name="G3RelRebEAAmdQ5.jfif" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/656040d0-1894-4bba-9a58-6aa04e3da217.jpg" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/656040d0-1894-4bba-9a58-6aa04e3da217.jpg" alt="G3RelRebEAAmdQ5.jfif"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6bc0e5b7-f317-4625-88c9-1488ba723ad2"><div class="bn-block" data-node-type="blockContainer" data-id="6bc0e5b7-f317-4625-88c9-1488ba723ad2"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Regards,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6c4d8991-016c-4c26-93d3-94980895b87a"><div class="bn-block" data-node-type="blockContainer" data-id="6c4d8991-016c-4c26-93d3-94980895b87a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">FVM Research</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f2281561-20de-445f-b762-3ca895ddf3ee"><div class="bn-block" data-node-type="blockContainer" data-id="f2281561-20de-445f-b762-3ca895ddf3ee"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">꧁𓊈𒆜𝓕𝓥𝓜𒆜𓊉꧂</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2364490f-5871-4fb5-9f03-998d6612a6b7"><div class="bn-block" data-node-type="blockContainer" data-id="2364490f-5871-4fb5-9f03-998d6612a6b7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">𝗙𝗼𝗹𝗹𝗼𝘄 𝗺𝗲╰┈➤ Forever_More 🔔</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9dd0c374-5e23-4659-a8f0-0e825d1c77a9"><div class="bn-block" data-node-type="blockContainer" data-id="9dd0c374-5e23-4659-a8f0-0e825d1c77a9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

🌊 Whale Wake-Up: 17K BTC Exchange Flood「 ✦ FVM Research ✦ 」𓆰♕𓆪

🌊 巨鲸の目覚め：17,000 BTC が取引所に流入「✦ FVM Research ✦」𓆰♕𓆪

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="92655e59-1c14-4cfd-b1ca-f638a66ce0dd"><div class="bn-block" data-node-type="blockContainer" data-id="92655e59-1c14-4cfd-b1ca-f638a66ce0dd"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">NYC mayor establishes digital assets and blockchain office</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3b225a09-7702-40ee-aa97-280a6ebe4573"><div class="bn-block" data-node-type="blockContainer" data-id="3b225a09-7702-40ee-aa97-280a6ebe4573"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The executive order creating the Office of Digital Assets and Blockchain Technology under the New York City government came three months before Eric Adams will leave office.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6532209d-3e66-45f5-9e56-2d9fff210fdf"><div class="bn-block" data-node-type="blockContainer" data-id="6532209d-3e66-45f5-9e56-2d9fff210fdf"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3ceab513-19ca-4c04-aa44-2ad1ac71b45d"><div class="bn-block" data-node-type="blockContainer" data-id="3ceab513-19ca-4c04-aa44-2ad1ac71b45d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">New York City Mayor Eric Adams announced the establishment of a municipal digital assets and blockchain office in a bid to cement his crypto agenda in the final months of his term.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c890231d-6bdf-4e43-af05-fc25f694bd9c"><div class="bn-block" data-node-type="blockContainer" data-id="c890231d-6bdf-4e43-af05-fc25f694bd9c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a6842966-c2e9-4207-a4f1-5f519989cf76"><div class="bn-block" data-node-type="blockContainer" data-id="a6842966-c2e9-4207-a4f1-5f519989cf76"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">In a Tuesday notice from the mayor’s office, Adams said he had used an executive order under his authority to create the Office of Digital Assets and Blockchain Technology. Moises Rendon, who has worked as a digital assets and blockchain policy adviser for New York City since April 2024, will head the newly established office.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d42fe457-5316-42a7-9948-fbb5960607f9"><div class="bn-block" data-node-type="blockContainer" data-id="d42fe457-5316-42a7-9948-fbb5960607f9"><div class="bn-block-content" data-content-type="image" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/edc379f2-4feb-44be-8e93-20fb5c13aaa9.png" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/edc379f2-4feb-44be-8e93-20fb5c13aaa9.png" alt="BlockNote image"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="934c09c7-b123-4b3f-8657-2a31dae30941"><div class="bn-block" data-node-type="blockContainer" data-id="934c09c7-b123-4b3f-8657-2a31dae30941"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

NYC mayor establishes digital assets and blockchain office

ニューヨーク市長がデジタル資産とブロックチェーンのオフィスを設立

The house of doge, a company tied to the  dogecoin foundation, just announced it’s going public on nasdaq through a merger with brag house ($tbh). 

now, this doesn’t mean  dogecoin itself is becoming a stock - the coin stays the same. but what it does mean is that  dogecoin is entering the mainstream like never before. 

🏦 more legitimacy - being tied to a nasdaq-listed company gives doge real-world credibility with investors.

🎮 more adoption - they plan to push  dogecoin into gaming, campus sports, and digital media, helping more people actually use   doge.

💰 big moves ahead - this is part of a long-term plan to build the   dogecoin ecosystem and make it more than just a meme. 

doge started as a joke now it’s building real companies getting wall street attention,
and aiming for real-world utility.
this isn’t just hype its foundation work for next big run.🐶🚀
the future ’s looking bright early believers patient investors 💫.
<img src="https://static.sosovalue.com/sosovalue/2025/10/15/0c005f7e-cadc-400c-b793-13e00ef31d81.jpg" alt="" width="512">

DOGE

House of Doge is Going Public on NASDAQ — Big Step for DOGE 🐶 🚀🚀

House of Doge が NASDAQ に上場 — DOGE にとって大きな一歩 🐶 🚀🚀

BREAKING NEWS: A CHINESE DEGEN TRADER WHO LOST $2MILLION DOLLARS ON BINANCE WAS COMPENSATED WITH 0.26$

速報：バイナンスで200万ドルを失った中国人DEGENトレーダーが0.26ドルで補償されました。

The U.S. and U.K. just made history! 🇺🇸🇬🇧
Authorities seized over $15 billion in Bitcoin linked to a massive crypto fraud and forced-labor scam run by the Prince Group in Cambodia.
This is one of the biggest crypto seizures ever recorded. 💣
Justice officials say the operation was tied to “pig-butchering” scams that trapped thousands of victims worldwide. 🐷💰
Regulators are cracking down harder than ever — no wallet is too hidden now. 👀

“$15 Billion Bitcoin Seized in Global Crypto Crackdown! 🚨

「150億ドルのBitcoinが、世界的な暗号資産取締りで押収されました！🚨

Goodnews for every One of You using Stripe.

Recent development is that You can now use Stablecoin to pay for subscription on Stripe.

Previously You can't but that limitation is removed and You can easily pay for subscription using Your Stablecoin.

You Can Now Pay Monthly Subscription On Stripe Using Stablecoin

Stripeでステーブルコインを使って月額サブスクリプションを支払えるようになりました。

Hot Wallet (Online / Mobile):

Pros: Easy to use — send and receive instantly. ✅

Best For: Daily trading or quick access to your crypto. ⚡

Risk: Connected to the internet — vulnerable to hackers if not well secured. ⚠️


Cold Wallet (Offline / Hardware):

Pros: Maximum security — your private keys stay offline. 🛡️

Best For: Long-term storage or holding large amounts. 💰

Cons: Less convenient — you need to connect it before making transactions. 🔌


Smart Tip:
Use both! Keep a small portion of your crypto in a hot wallet for daily use, and store the majority in a cold wallet for safety. Always enable 2FA, keep your recovery phrase safe, and double-check every URL or QR code before sending. 🔐

Quick truth:
If you hold big — go cold. If you trade often — stay hot but stay safe.

💭 Which wallet do you use, and why? 👇

— JabirDex

Hot Wallet vs Cold Wallet — Which One Truly Protects Your Crypto? 🔥❄️

ホットウォレット vs コールドウォレット — あなたの暗号資産を本当に守るのはどっち？🔥❄️

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="9f63f458-34c5-4c22-a301-defe6055a511"><div class="bn-block" data-node-type="blockContainer" data-id="9f63f458-34c5-4c22-a301-defe6055a511"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><a target="_blank" rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/community/topics/Bitcoin/top/">#Bitcoin</a> is ranging just above $113K, with the crowd showing only a mild dose of bullishness.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3499903d-92dc-4b3f-918a-3690c01a889b"><div class="bn-block" data-node-type="blockContainer" data-id="3499903d-92dc-4b3f-918a-3690c01a889b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6baf2264-a091-45af-9ef0-99f9e4a9ebad"><div class="bn-block" data-node-type="blockContainer" data-id="6baf2264-a091-45af-9ef0-99f9e4a9ebad"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The last major swing came on Sunday, when an ideal buy zone appeared as retail expected <a target="_blank" rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/community/coins/bitcoin/top/">$BTC</a>to drop below$100k. 📉<br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="97c46a85-4087-4f7e-8a51-cda32ff0e86b"><div class="bn-block" data-node-type="blockContainer" data-id="97c46a85-4087-4f7e-8a51-cda32ff0e86b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">As always, markets tend to move opposite to the crowd’s expectations — and this time looks no different. 🚀</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b6a3015b-7f8e-4c92-bf4e-89407d40476c"><div class="bn-block" data-node-type="blockContainer" data-id="b6a3015b-7f8e-4c92-bf4e-89407d40476c"><div class="bn-block-content" data-content-type="image" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/86e2abb8-9b86-4960-a833-e568d767a269.png" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/86e2abb8-9b86-4960-a833-e568d767a269.png" alt="BlockNote image"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9f1192ba-6d30-4404-84f2-04e8cbdc6097"><div class="bn-block" data-node-type="blockContainer" data-id="9f1192ba-6d30-4404-84f2-04e8cbdc6097"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

bitcoin

ビットコイン

BREAKING: The U.S. Government just transferred 667.6 $BTC worth $74.7 million to a new wallet
      <div>
        <img src="https://static.sosovalue.com/sosovalue/2025/10/15/b94eae45-73fa-44a4-b16b-5e21f6a2f2a2.jpg" alt="">
      </div>
    

BREAKING: The U.S. Government just transferred 667.6 $BTC worth $74.7 million to a new wallet

速報：米国政府は、667.6 $BTC（7470万ドル相当）を新しいウォレットに送金しました。

---<br>1. china officially retaliated against trump&#39;s tariffs,<br>2. the u.s. government seized a record $15 billion in btc (including confiscating the majority of the hu bian mining pool).<br>3. binance experienced a major system failure due to data errors and price fluctuations.<br>---<br>4. tether reached a settlement with celsius bankruptcy consortium, paying about $300 million<br>5. blackrock ceo revealed that blackrock is exploring tokenization in investment products.<br>-source: pan news2000+ futures longs opened <200m usd<br>soso trading data source: okx


[ Price Crash )

[ 価格暴落 ]

The crypto market experienced broad declines in the past 24 hours, influenced by multiple factors including a $400 million support initiative from binance announced yesterday to boost investor confidence. the industry-wide turmoil arises from a series of events that have heightened uncertainty in the market. among these was a significant liquidation incident on october 11, which led to marked fluctuations across various cryptocurrencies including bitcoin, ethereum and many other altcoins.

additionally, reports surfaced about alterations made to binance's historical data around this period intended for user compensation purposes (such as listing failed events to ensure they don't happen again).

further revelations included blockfi's selling of significant amounts ($14-$12 million) worth of sol due an underfunded loan arrangement with ftx trading ltd. these sales triggered reactions among investors who perceived them as dumping behavior rather than responsible risk management strategies.

on-chain analyst adam cochran reported withdrawals totaling approximately $450 superimposed upon negative news narratives surrounding digital asset exchanges like bybit experiencing their second consecutive day without outflows after two back-to-back volumes spiking sessions creating flooding conditions causing major liquidations along numerous large caps preceding late last night before redemption opportunities provided through low-utilized space also disrupted sellers off ledger shelves created panic buyers further aggravating general stores where short term traders often engage while disassociating deeper pocket players' holding positions grasping effectively high yields realized when averaging.
   other metrics exhibiting divergence observed movements not only characterized described patterns but also exhibited favorably higher influxes seen partial volume rebounds across most sectors maintaining value capitalizing increased retail positivity despite ongoing fears over liquidity depth issues plaguing numerous segments consolidating overall downward pressure saw performance decline indices nearing -5%.    for more detail see:   cryptocurrency prices dropped today as markets continued reacting following unease caused closely related incidents impacting trading activities leading respective exchanges scrutizining all financial arrangements ensuring integrity users funds are safeguarded delivering clarity results obtained assets rightfully claimed respectively held secured throughout processes verifying informations requested thus preventing frauds enabling opportunities towards regenerate losses gradually established rebuilding trust.


LAUNCHCOIN

Crypto Market Faces Broad Declines Amid Post-Liquidation Volatility

暗号資産（仮想通貨）市場は、清算後のボラティリティの中で広範な下落に直面しています。

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="4c60b8d8-07cb-4de2-bb09-a42a2dd581f5"><div class="bn-block" data-node-type="blockContainer" data-id="4c60b8d8-07cb-4de2-bb09-a42a2dd581f5"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">📊 New Whales’ Nervy Nirvana: Peaks and Pullbacks</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="24690bdf-77d9-40f3-be35-75a3bfd8e9b9"><div class="bn-block" data-node-type="blockContainer" data-id="24690bdf-77d9-40f3-be35-75a3bfd8e9b9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">On <strong>October 15, 2025</strong>, as Bitcoin consolidates around <strong>$116,000</strong> post-$19B liquidation carnage, <strong>CryptoQuant’s unrealized profit ratios</strong> for whales tell a split story.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="83b09549-83d6-466a-9ad5-ed2b98ce15eb"><div class="bn-block" data-node-type="blockContainer" data-id="83b09549-83d6-466a-9ad5-ed2b98ce15eb"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>New whales</strong> (&lt;155 days holding, ≥1K BTC) surged to <strong>+1.0 ratios</strong> through late 2025 — mirroring <strong>2021’s euphoric crest</strong> — after scooping ETFs at <strong>$90K–$110K</strong> and riding BTC to $126K.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2a951675-321d-47cc-af60-6a304e3f3552"><div class="bn-block" data-node-type="blockContainer" data-id="2a951675-321d-47cc-af60-6a304e3f3552"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🟢 Ratios climbed steadily through April–September amid <strong>$2.2B weekly ETF inflows</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e33dd6f1-c7c8-423c-a018-4024f16086c5"><div class="bn-block" data-node-type="blockContainer" data-id="e33dd6f1-c7c8-423c-a018-4024f16086c5"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🔴 Post-October 10, the ratio dipped <strong>−0.5</strong>, echoing 2018’s capitulation as <strong>125x longs were flushed</strong>, shedding 30% of new whale stacks.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b5126078-0e78-4dc3-a2d9-5a009221be79"><div class="bn-block" data-node-type="blockContainer" data-id="b5126078-0e78-4dc3-a2d9-5a009221be79"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Volatility’s volatility spiked (IV → 45%), and <strong>put demand jumped 20%</strong> as new whales hedged. SOPR at <strong>1.02</strong> signals light profit-taking, not panic.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="42826886-917d-4d69-b2b4-681f6e78b57d"><div class="bn-block" data-node-type="blockContainer" data-id="42826886-917d-4d69-b2b4-681f6e78b57d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">✅ <em>Positive:</em> $117K flipped from resistance to accumulation zone, buffered by <strong>97% of supply in profit</strong>.<br>⚠️ <em>Risk:</em> Overleveraged newcomers (40% of liquidations) could still drag ratios toward −1.0 if <strong>Trump–Xi talks stall</strong>, risking a $100K retest.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a719d87a-9f22-4ea7-997b-37c67e63912d"><div class="bn-block" data-node-type="blockContainer" data-id="a719d87a-9f22-4ea7-997b-37c67e63912d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Evaluation:</strong> This is a classic <em>euphoria-meets-risk</em> signal — new whales grease the uptrend, but their greed can also grease the grave.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c8cc4a90-3247-48ef-a9f6-8c13416bd272"><div class="bn-block" data-node-type="blockContainer" data-id="c8cc4a90-3247-48ef-a9f6-8c13416bd272"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">🏔️ Old Whales’ Steady Summit: Fortress of Fortunes</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7890df3d-2edc-4062-a22b-4ae6dbee0acd"><div class="bn-block" data-node-type="blockContainer" data-id="7890df3d-2edc-4062-a22b-4ae6dbee0acd"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Veteran whales</strong> (&gt;155 days, ~70% of supply) bask in deep green. Their unrealized profit ratios soared past <strong>+15</strong> during this bull leg — dwarfing 2021’s +10 — as early accumulators from $20K 2022 lows ride 500%+ paper gains.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bde3a3cf-d4df-4783-9300-7fb5f2a6db87"><div class="bn-block" data-node-type="blockContainer" data-id="bde3a3cf-d4df-4783-9300-7fb5f2a6db87"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Ratios plateaued at <strong>+12–15</strong> through 2024–2025, with only a mild post-crash dip.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a1703622-d258-4c7e-b5a6-2fed816feda3"><div class="bn-block" data-node-type="blockContainer" data-id="a1703622-d258-4c7e-b5a6-2fed816feda3"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">LTHs offloaded &lt;2% during rallies, per UTXO bands.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3db17543-739e-46b8-8844-9b4c122015eb"><div class="bn-block" data-node-type="blockContainer" data-id="3db17543-739e-46b8-8844-9b4c122015eb"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">MVRV at <strong>2.5</strong> vs. historic tops at 3.5 signals <strong>further runway</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d67ed2be-86ee-4469-a24a-b1f2f20d6166"><div class="bn-block" data-node-type="blockContainer" data-id="d67ed2be-86ee-4469-a24a-b1f2f20d6166"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">October’s wipeout barely dented their stance — these “old guards” <strong>absorbed 20% of $19B liquidations</strong> via bids at $106K.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0ad1b0b9-8d7d-4d14-a146-1170cd22911f"><div class="bn-block" data-node-type="blockContainer" data-id="0ad1b0b9-8d7d-4d14-a146-1170cd22911f"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">✅ <em>Positive:</em> Echoes Fink’s “reserve asset” thesis — old whales act as system stabilizers.<br>⚠️ <em>Risk:</em> Sustained vol and creeping funding (+0.01%) could eventually push even LTHs to trim, reminiscent of <strong>2017’s ratio reversals</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d28c1788-9848-4788-911b-fc64009af992"><div class="bn-block" data-node-type="blockContainer" data-id="d28c1788-9848-4788-911b-fc64009af992"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Verdict:</strong> A bastion of bullishness — their discipline props the parade, but prudence is key as ratios near historical peaks.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e1e8e345-aedb-44e2-8a65-cab5caedd070"><div class="bn-block" data-node-type="blockContainer" data-id="e1e8e345-aedb-44e2-8a65-cab5caedd070"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">🧹 Leverage Legacy: $19B Purge’s Purity Play</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b4c605ca-02f5-4f8d-8a5a-19086a0290f5"><div class="bn-block" data-node-type="blockContainer" data-id="b4c605ca-02f5-4f8d-8a5a-19086a0290f5"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The <strong>October 10–11 wipeout</strong> purged leverage to <strong>2023 lows</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f8383bcf-8f31-4ff9-a7f7-2249d96c06c8"><div class="bn-block" data-node-type="blockContainer" data-id="f8383bcf-8f31-4ff9-a7f7-2249d96c06c8"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Funding flipped <strong>negative (−0.02%)</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c3b76cd0-a3ae-4f9b-b177-72890d370da0"><div class="bn-block" data-node-type="blockContainer" data-id="c3b76cd0-a3ae-4f9b-b177-72890d370da0"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Open interest collapsed 25%.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="fc240e3c-d827-4244-99de-2a15cadcc932"><div class="bn-block" data-node-type="blockContainer" data-id="fc240e3c-d827-4244-99de-2a15cadcc932"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Orderbooks thinned as market makers reduced exposure.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4bb523cd-d3ec-42a0-b1ce-3e45bbdf7705"><div class="bn-block" data-node-type="blockContainer" data-id="4bb523cd-d3ec-42a0-b1ce-3e45bbdf7705"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Yet, <strong>spot &amp; ETF flows held firm</strong> — $3.17B inflows defied the drawdown, per CoinShares. Retail RSI plunged to <strong>30 (oversold)</strong>, while whale SOPR stayed steady at <strong>1.01</strong>, signaling resilience.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f5b4df8b-812c-433f-bf63-3329655e4b36"><div class="bn-block" data-node-type="blockContainer" data-id="f5b4df8b-812c-433f-bf63-3329655e4b36"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Binance’s <strong>$400M bailout</strong> and Powell’s <strong>QT pivot</strong> inject fresh liquidity. Still, <strong>shallow books invite whipsaws</strong> — a 10% probe below $117K could trigger another <strong>$5B in liquidations</strong> if vols persist.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="378001f8-0e8d-437c-b33d-c878e4b5af27"><div class="bn-block" data-node-type="blockContainer" data-id="378001f8-0e8d-437c-b33d-c878e4b5af27"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Evaluation:</strong> The market has been “reset” rather than wrecked. The deleveraging purge cleaned froth but left a cautious sentiment shell.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bda1c79e-b086-4a6a-bb61-79a801636f78"><div class="bn-block" data-node-type="blockContainer" data-id="bda1c79e-b086-4a6a-bb61-79a801636f78"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">📝 Verdict: Reset’s Resilient Reckoning</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f9267cbe-b8a7-4c47-8d28-086d014b9ba9"><div class="bn-block" data-node-type="blockContainer" data-id="f9267cbe-b8a7-4c47-8d28-086d014b9ba9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🐋 <strong>New whales are nervous, old whales are rock-solid.</strong> Unrealized profit ratios show:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d2c16d61-62fa-440c-b47e-37869e6524be"><div class="bn-block" data-node-type="blockContainer" data-id="d2c16d61-62fa-440c-b47e-37869e6524be"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">✳️ <em>Short-term froth flushed.</em></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a760755b-0e30-4d76-8a3d-14d0331677f7"><div class="bn-block" data-node-type="blockContainer" data-id="a760755b-0e30-4d76-8a3d-14d0331677f7"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🧠 <em>Long-term conviction intact.</em></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="88c29793-6bab-4290-8730-c9bf34efe4ca"><div class="bn-block" data-node-type="blockContainer" data-id="88c29793-6bab-4290-8730-c9bf34efe4ca"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">🧭 <em>Sentiment defensive, not broken.</em></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="03885d75-b289-49c5-993a-ac784e813dd2"><div class="bn-block" data-node-type="blockContainer" data-id="03885d75-b289-49c5-993a-ac784e813dd2"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">With <strong>97% of supply in profit</strong>, ETF inflows humming, and leverage cleared, <strong>$130K BTC is within reach</strong> — <em>if</em> volatility fades and Trump–Xi thaw trade tensions.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0eb91d28-8538-41b6-9d54-3c9ac4cebc5d"><div class="bn-block" data-node-type="blockContainer" data-id="0eb91d28-8538-41b6-9d54-3c9ac4cebc5d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">But in this <strong>deleveraged dawn</strong>, the bias is defensive:<br>👉 <em>Spot HODL, hedge the heat, respect the levels.</em></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ca28c5db-73a7-4aad-bfe9-336d3b4ff64a"><div class="bn-block" data-node-type="blockContainer" data-id="ca28c5db-73a7-4aad-bfe9-336d3b4ff64a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>The uptrend lives — but it lives with asterisks.</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a51990e7-4be3-4114-bfa4-333244dddc87"><div class="bn-block" data-node-type="blockContainer" data-id="a51990e7-4be3-4114-bfa4-333244dddc87"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">#BitcoinWhales #OnChainAnalysis #CryptoQuant #LeverageReset #BTC2025 #WhaleActivity #MarketStructure #ETFflows #Glassnode #CryptoMarkets</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="baa6cbe9-3281-417b-afc1-2594b50fea14"><div class="bn-block" data-node-type="blockContainer" data-id="baa6cbe9-3281-417b-afc1-2594b50fea14"><div class="bn-block-content" data-content-type="image" data-name="photo_2025-10-15_10-38-19.jpg" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/87c955e0-37d6-4c96-aa8d-2edbc261b873.jpg" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/87c955e0-37d6-4c96-aa8d-2edbc261b873.jpg" alt="photo_2025-10-15_10-38-19.jpg"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5d138817-6cc9-406c-8f03-ca795b185d93"><div class="bn-block" data-node-type="blockContainer" data-id="5d138817-6cc9-406c-8f03-ca795b185d93"><div class="bn-block-content" data-content-type="image" data-name="photo_2025-10-15_10-38-21.jpg" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/d5fe05df-083d-4b83-aa84-d9f7eceb67d4.jpg" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/d5fe05df-083d-4b83-aa84-d9f7eceb67d4.jpg" alt="photo_2025-10-15_10-38-21.jpg"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="db30cd0e-bddc-46ed-b03a-0bf9fc0561eb"><div class="bn-block" data-node-type="blockContainer" data-id="db30cd0e-bddc-46ed-b03a-0bf9fc0561eb"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Regards,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="003b202a-07c0-495c-a228-86a611ef1347"><div class="bn-block" data-node-type="blockContainer" data-id="003b202a-07c0-495c-a228-86a611ef1347"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">FVM Research</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3cd00b61-348f-47e1-a689-20fae1e52232"><div class="bn-block" data-node-type="blockContainer" data-id="3cd00b61-348f-47e1-a689-20fae1e52232"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">꧁𓊈𒆜𝓕𝓥𝓜𒆜𓊉꧂</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f132ff12-ad59-48df-974c-43d9f493fd29"><div class="bn-block" data-node-type="blockContainer" data-id="f132ff12-ad59-48df-974c-43d9f493fd29"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">𝗙𝗼𝗹𝗹𝗼𝘄 𝗺𝗲╰┈➤ Forever_More 🔔</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f8dbfc79-c5d0-4e30-85a7-d66f4a68b920"><div class="bn-block" data-node-type="blockContainer" data-id="f8dbfc79-c5d0-4e30-85a7-d66f4a68b920"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

🐋 Whale Profits in the Wake: Reset or Rally Signal?「 ✦ FVM Research ✦ 」𓆰♕𓆪

🐋 クジラの利益の痕跡：リセットかラリーの兆候か？「✦ FVM Research ✦」𓆰♕𓆪

HOT: Một cá voi Trung Quốc mất hơn 2.000.000 đô la trong vụ sập trên Binance hôm trước đã nhận được 0,26 USDT tiền bồi thường .
Trò hề :)))))

速報：以前 Binance での暴落で2,000,000ドル以上を失った中国のクジラが、補償として0.26 USDTを受け取りました。
茶番劇 :)))))

Trump’s announcement of a 100% tariff on chinese imports rattled the cryptocurrency market, causing sharp declines in several altcoins. as the white house retaliated against china by restricting semiconductor exports and imposing strict tariffs, this unexpected move shook the crypto ecosystem. following trump’s announcement on friday, bitcoin (btc) suffered a significant dip from $115k to around $112k because of fears related to its implications for global trade.

this week saw a massive sell-off as retail investors reacted strongly to these geopolitical tensions bringing more shorts into the market across key crypto exchanges including coinbase and binance.
over$755 million in net outflows have also been recorded during this volatile period.  btc’s decline was compounded by heavy liquidations across multiple asset classes adding extra pressure that sent many popular tokens spiraling downwards.

xrp experienced one of the most severe drops over this tumultuous weekend while dogecoin fell nearly 28%, cardano dropped about 25%, chainlink had losses close to 26%. all eyes are now turning toward upcoming events like xrp spot etf applications expected next week which could revive bullish sentiment and offset some negative price action seen lately. 
despite recent challenges such as increasing regulatory scrutiny resulting from high-profile insider trading scandals affecting public confidence - cautious optimism remains amongst analysts expecting recovery periods post-initial shocks will eventually lead back towards higher valuations once again when markets stabilize.[1][2][3]

-end-


Several Altcoins Decline After Trump's Tariffs, ETF Sentiment Wanes

トランプ大統領の関税後、いくつかのアルトコインが下落、ETFのセンチメントが低下

If that doesn't pay off my blindfolded, ape-in move with massive debt i don't know what will…  
this has no downside!


Just cashed out these big ICP gains to get on the BRAVO train. Next stop, ludicrous speed!

ICPで得た大きな利益を現金化して、BRAVOの波に乗ります。次の停車駅は、とんでもないスピードです！

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="1cabe64c-b53e-45ce-9b5e-c892dc0f9dd9"><div class="bn-block" data-node-type="blockContainer" data-id="1cabe64c-b53e-45ce-9b5e-c892dc0f9dd9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"> Transparency and efficiency.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="66f65ca7-97ec-4e47-80b8-0e8d46b3ebec"><div class="bn-block" data-node-type="blockContainer" data-id="66f65ca7-97ec-4e47-80b8-0e8d46b3ebec"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

The Role of Blockchain in Supply Chain

サプライチェーンにおけるBlockchainの役割

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="863565fd-6ffc-4c32-b16b-cfd5a271a8b2"><div class="bn-block" data-node-type="blockContainer" data-id="863565fd-6ffc-4c32-b16b-cfd5a271a8b2"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">ssiHAMCTX(compiled by SoSoValue Index Creation Tool)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="1cffb1e5-f16b-49cc-8220-b224985bfe5e"><div class="bn-block" data-node-type="blockContainer" data-id="1cffb1e5-f16b-49cc-8220-b224985bfe5e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Latest Price: 22.06</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="10ac1164-afe9-4dec-a3e4-278729cf051c"><div class="bn-block" data-node-type="blockContainer" data-id="10ac1164-afe9-4dec-a3e4-278729cf051c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🟩 ▲ +1.84%  24H Change</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="45cf5279-9bb7-47ba-a186-7e831a1829d6"><div class="bn-block" data-node-type="blockContainer" data-id="45cf5279-9bb7-47ba-a186-7e831a1829d6"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🟩 ▲ +78.66%  1Y ROI</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f0d10fed-171d-46fa-87cc-122a6ada9e9a"><div class="bn-block" data-node-type="blockContainer" data-id="f0d10fed-171d-46fa-87cc-122a6ada9e9a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🟩 ▲ +6.59%  1Y ROI vs. BTC</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="709aa305-e375-401d-ac7f-67218a2c7601"><div class="bn-block" data-node-type="blockContainer" data-id="709aa305-e375-401d-ac7f-67218a2c7601"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Aiming capture most growth and avoid withdraw.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a7661051-403c-458e-8d6f-aed8002643ae"><div class="bn-block" data-node-type="blockContainer" data-id="a7661051-403c-458e-8d6f-aed8002643ae"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

ssiHAMCTX index published

ssiHAMCTXインデックスが公開されました

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="c3183105-d510-4d30-8ee1-4992e9b864c8"><div class="bn-block" data-node-type="blockContainer" data-id="c3183105-d510-4d30-8ee1-4992e9b864c8"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>(and they lose precisely when they believe the most)</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ab2b977f-f0a7-4e25-8c8b-f04fe922506a"><div class="bn-block" data-node-type="blockContainer" data-id="ab2b977f-f0a7-4e25-8c8b-f04fe922506a"><div class="bn-block-content" data-content-type="image" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/thumbnails/2a98eaeb-d623-4f7e-bd6f-e5eef97ffbfb.png" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/thumbnails/2a98eaeb-d623-4f7e-bd6f-e5eef97ffbfb.png" alt="BlockNote image"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="cc99fae4-b914-419a-a3f2-4e3d7f71a6c9"><div class="bn-block" data-node-type="blockContainer" data-id="cc99fae4-b914-419a-a3f2-4e3d7f71a6c9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Have you noticed that people start buying Bitcoin precisely when it's at its highs?</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="50e5f3a5-f13b-4539-b375-0dfea56605f6"><div class="bn-block" data-node-type="blockContainer" data-id="50e5f3a5-f13b-4539-b375-0dfea56605f6"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">And they massively sell when there's blood in the market and 'it's all over'?</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="483b46e5-cc2e-431b-b15f-3f3d2106238f"><div class="bn-block" data-node-type="blockContainer" data-id="483b46e5-cc2e-431b-b15f-3f3d2106238f"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">This is not stupidity. It's the neurobiology of fear and greed, embedded in human code.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="10595f95-4a02-4058-82aa-a2368724bae3"><div class="bn-block" data-node-type="blockContainer" data-id="10595f95-4a02-4058-82aa-a2368724bae3"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">💡 Crypto is not about charts. It's about behavior.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6663f221-9d44-41f7-9a15-b45f7b82ebe9"><div class="bn-block" data-node-type="blockContainer" data-id="6663f221-9d44-41f7-9a15-b45f7b82ebe9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Any market is a living organism made of emotions.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3f438577-9d25-47a6-a6b3-4c0e80a1ac18"><div class="bn-block" data-node-type="blockContainer" data-id="3f438577-9d25-47a6-a6b3-4c0e80a1ac18"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">But in crypto, everything is accelerated ×10:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ff23c8b7-f0eb-472f-9586-7deaffd00fdd"><div class="bn-block" data-node-type="blockContainer" data-id="ff23c8b7-f0eb-472f-9586-7deaffd00fdd"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">• news turns into hysteria,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="dbf21177-cdc2-4171-a49e-6d665bf12d6c"><div class="bn-block" data-node-type="blockContainer" data-id="dbf21177-cdc2-4171-a49e-6d665bf12d6c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">• memes — into currency,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7a82466d-f0e6-4f66-9adf-10983cf3fbc7"><div class="bn-block" data-node-type="blockContainer" data-id="7a82466d-f0e6-4f66-9adf-10983cf3fbc7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">• belief — in capitalization.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="8e4b1ce2-b9b1-49a9-9deb-3225699a45cb"><div class="bn-block" data-node-type="blockContainer" data-id="8e4b1ce2-b9b1-49a9-9deb-3225699a45cb"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🧬 This is behavioral economics in Web3 — a field where psychology is stronger than code.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a82447eb-7ca1-4a79-9ad7-479c7305a16c"><div class="bn-block" data-node-type="blockContainer" data-id="a82447eb-7ca1-4a79-9ad7-479c7305a16c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">😱 Fear of missing out (FOMO)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="29eda82c-ecb8-412c-b288-3ecdcc3ec543"><div class="bn-block" data-node-type="blockContainer" data-id="29eda82c-ecb8-412c-b288-3ecdcc3ec543"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">FOMO is a dopamine virus.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="effa703d-ec17-4195-bcd0-a91676b4c90e"><div class="bn-block" data-node-type="blockContainer" data-id="effa703d-ec17-4195-bcd0-a91676b4c90e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">You see everyone making money on a new token, and your brain whispers: 'jump in before it's too late.'</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="749745c9-abe5-48f7-a12a-a1c693ab86d7"><div class="bn-block" data-node-type="blockContainer" data-id="749745c9-abe5-48f7-a12a-a1c693ab86d7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">But when you jump — the cycle is already close to its peak.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ec6818b5-16b1-412d-bd54-277921a564df"><div class="bn-block" data-node-type="blockContainer" data-id="ec6818b5-16b1-412d-bd54-277921a564df"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">FOMO turns people into latecomer tourists of the bull market.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="905c1470-819a-45db-9716-6524ee158c49"><div class="bn-block" data-node-type="blockContainer" data-id="905c1470-819a-45db-9716-6524ee158c49"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🫣 Fear of loss (FUD)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="baded730-f981-45a3-812c-0a85f7519ddd"><div class="bn-block" data-node-type="blockContainer" data-id="baded730-f981-45a3-812c-0a85f7519ddd"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">When the fall begins — an ancient survival instinct triggers.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b95ff725-893c-46ae-a7d5-bca3ceba7529"><div class="bn-block" data-node-type="blockContainer" data-id="b95ff725-893c-46ae-a7d5-bca3ceba7529"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The brain reacts to -30% as a life-threatening situation.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="add42224-f819-4c2c-92a7-e9d642378366"><div class="bn-block" data-node-type="blockContainer" data-id="add42224-f819-4c2c-92a7-e9d642378366"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">That's why 'selling in panic' is not a mistake, but biology.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e34e4eac-1dfc-4cdc-a466-7cd236de8f3d"><div class="bn-block" data-node-type="blockContainer" data-id="e34e4eac-1dfc-4cdc-a466-7cd236de8f3d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🧩 The crowd effect</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3c4f40ec-c44b-4807-bbf0-835c7ae11e3d"><div class="bn-block" data-node-type="blockContainer" data-id="3c4f40ec-c44b-4807-bbf0-835c7ae11e3d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The crowd is a neural network where logic is turned off.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f25f8c2d-7d6e-4baa-8cf1-b3bf9c123202"><div class="bn-block" data-node-type="blockContainer" data-id="f25f8c2d-7d6e-4baa-8cf1-b3bf9c123202"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">When 10 people believe in the 'next Solana' — it grows.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b3939bf5-0426-4d7a-9186-0b924f82f1c6"><div class="bn-block" data-node-type="blockContainer" data-id="b3939bf5-0426-4d7a-9186-0b924f82f1c6"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">When 10 000 believe that everything will collapse — it really collapses.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="df6a3d27-4986-4e7a-ab74-287a64136f89"><div class="bn-block" data-node-type="blockContainer" data-id="df6a3d27-4986-4e7a-ab74-287a64136f89"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Blockchain records transactions, but emotions record trends.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c3029fdd-5a97-4f9c-a868-1d8c8ff38284"><div class="bn-block" data-node-type="blockContainer" data-id="c3029fdd-5a97-4f9c-a868-1d8c8ff38284"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🔍 What smart players should do</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5e957645-9879-4126-b1a1-f99492324c1c"><div class="bn-block" data-node-type="blockContainer" data-id="5e957645-9879-4126-b1a1-f99492324c1c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">1. Study behavior, not just tokenomics.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="eb461f4f-2d60-446a-9c53-9329c7ef5bba"><div class="bn-block" data-node-type="blockContainer" data-id="eb461f4f-2d60-446a-9c53-9329c7ef5bba"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">2. Look at sentiments — not on Twitter, but in on-chain data.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f680baf8-4c90-44d0-a472-4138c3c38a25"><div class="bn-block" data-node-type="blockContainer" data-id="f680baf8-4c90-44d0-a472-4138c3c38a25"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">3. Understand: crypto is a laboratory of emotions, and the market is an experiment on the masses.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bffb6e3f-33fc-4fe8-8888-cba24ce10d1b"><div class="bn-block" data-node-type="blockContainer" data-id="bffb6e3f-33fc-4fe8-8888-cba24ce10d1b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🧠 Final insight</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9bd4c705-3215-4ca0-a435-e32dbebb9766"><div class="bn-block" data-node-type="blockContainer" data-id="9bd4c705-3215-4ca0-a435-e32dbebb9766"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Crypto is not just finance.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2ff13aea-aa77-4e1d-9d7a-99fd65f8df96"><div class="bn-block" data-node-type="blockContainer" data-id="2ff13aea-aa77-4e1d-9d7a-99fd65f8df96"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">This is global psychotherapy, where each cycle shows who you really are: a player, an explorer, or just a spectator.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="89f9d0c8-6181-451c-93d2-3150ebe2a731"><div class="bn-block" data-node-type="blockContainer" data-id="89f9d0c8-6181-451c-93d2-3150ebe2a731"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">⚡️If this post made you think — subscribe to our channel, hit ❤️, and share with those who are still trading on emotions.<br></blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="77448696-8e9d-4d42-861c-38d28e1219d5"><div class="bn-block" data-node-type="blockContainer" data-id="77448696-8e9d-4d42-861c-38d28e1219d5"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

'The Psychology of Blockchain: Why Investors Act Irrationally

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="c3183105-d510-4d30-8ee1-4992e9b864c8"><div class="bn-block" data-node-type="blockContainer" data-id="c3183105-d510-4d30-8ee1-4992e9b864c8"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>（そして、最も信じているときにこそ、正確に負けるのです）</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ab2b977f-f0a7-4e25-8c8b-f04fe922506a"><div class="bn-block" data-node-type="blockContainer" data-id="ab2b977f-f0a7-4e25-8c8b-f04fe922506a"><div class="bn-block-content" data-content-type="image" data-url="https://static.sosovalue.com/sosovalue/2025/10/15/thumbnails/2a98eaeb-d623-4f7e-bd6f-e5eef97ffbfb.png" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/sosovalue/2025/10/15/thumbnails/2a98eaeb-d623-4f7e-bd6f-e5eef97ffbfb.png" alt="BlockNote image"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="cc99fae4-b914-419a-a3f2-4e3d7f71a6c9"><div class="bn-block" data-node-type="blockContainer" data-id="cc99fae4-b914-419a-a3f2-4e3d7f71a6c9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">人々がまさに最高値のときに Bitcoin を買い始めることに気づきましたか？</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="50e5f3a5-f13b-4539-b375-0dfea56605f6"><div class="bn-block" data-node-type="blockContainer" data-id="50e5f3a5-f13b-4539-b375-0dfea56605f6"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">そして、市場に血が流れ込み、「すべてが終わった」ときに、彼らは大規模に売るのでしょうか？</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="483b46e5-cc2e-431b-b15f-3f3d2106238f"><div class="bn-block" data-node-type="blockContainer" data-id="483b46e5-cc2e-431b-b15f-3f3d2106238f"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">これは愚かさではありません。人間のコードに組み込まれた、恐怖と貪欲の神経生物学です。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="10595f95-4a02-4058-82aa-a2368724bae3"><div class="bn-block" data-node-type="blockContainer" data-id="10595f95-4a02-4058-82aa-a2368724bae3"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">💡 Crypto はチャートについてではありません。行動についてです。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="6663f221-9d44-41f7-9a15-b45f7b82ebe9"><div class="bn-block" data-node-type="blockContainer" data-id="6663f221-9d44-41f7-9a15-b45f7b82ebe9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">あらゆる市場は、感情でできた生き物です。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3f438577-9d25-47a6-a6b3-4c0e80a1ac18"><div class="bn-block" data-node-type="blockContainer" data-id="3f438577-9d25-47a6-a6b3-4c0e80a1ac18"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">しかし、crypto では、すべてが10倍に加速されます。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ff23c8b7-f0eb-472f-9586-7deaffd00fdd"><div class="bn-block" data-node-type="blockContainer" data-id="ff23c8b7-f0eb-472f-9586-7deaffd00fdd"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">• ニュースはヒステリーに変わり、</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="dbf21177-cdc2-4171-a49e-6d665bf12d6c"><div class="bn-block" data-node-type="blockContainer" data-id="dbf21177-cdc2-4171-a49e-6d665bf12d6c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">• ミームは通貨に変わり、</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7a82466d-f0e6-4f66-9adf-10983cf3fbc7"><div class="bn-block" data-node-type="blockContainer" data-id="7a82466d-f0e6-4f66-9adf-10983cf3fbc7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">• 信念は資本化に変わります。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="8e4b1ce2-b9b1-49a9-9deb-3225699a45cb"><div class="bn-block" data-node-type="blockContainer" data-id="8e4b1ce2-b9b1-49a9-9deb-3225699a45cb"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🧬 これは Web3 における行動経済学です。心理学がコードよりも強力な分野です。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a82447eb-7ca1-4a79-9ad7-479c7305a16c"><div class="bn-block" data-node-type="blockContainer" data-id="a82447eb-7ca1-4a79-9ad7-479c7305a16c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">😱 乗り遅れ不安 (FOMO)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="29eda82c-ecb8-412c-b288-3ecdcc3ec543"><div class="bn-block" data-node-type="blockContainer" data-id="29eda82c-ecb8-412c-b288-3ecdcc3ec543"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">FOMO はドーパミンウイルスです。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="effa703d-ec17-4195-bcd0-a91676b4c90e"><div class="bn-block" data-node-type="blockContainer" data-id="effa703d-ec17-4195-bcd0-a91676b4c90e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">誰もが新しいトークンでお金を稼いでいるのを見ると、あなたの脳は「手遅れになる前に飛び込め」とささやきます。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="749745c9-abe5-48f7-a12a-a1c693ab86d7"><div class="bn-block" data-node-type="blockContainer" data-id="749745c9-abe5-48f7-a12a-a1c693ab86d7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">しかし、飛び込むと、サイクルはすでにピークに近づいています。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ec6818b5-16b1-412d-bd54-277921a564df"><div class="bn-block" data-node-type="blockContainer" data-id="ec6818b5-16b1-412d-bd54-277921a564df"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">FOMO は人々を強気市場の後発観光客に変えます。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="905c1470-819a-45db-9716-6524ee158c49"><div class="bn-block" data-node-type="blockContainer" data-id="905c1470-819a-45db-9716-6524ee158c49"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🫣 損失の恐怖 (FUD)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="baded730-f981-45a3-812c-0a85f7519ddd"><div class="bn-block" data-node-type="blockContainer" data-id="baded730-f981-45a3-812c-0a85f7519ddd"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">下落が始まると、古代の生存本能が働きます。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b95ff725-893c-46ae-a7d5-bca3ceba7529"><div class="bn-block" data-node-type="blockContainer" data-id="b95ff725-893c-46ae-a7d5-bca3ceba7529"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">脳は -30% を生命を脅かす状況として認識します。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="add42224-f819-4c2c-92a7-e9d642378366"><div class="bn-block" data-node-type="blockContainer" data-id="add42224-f819-4c2c-92a7-e9d642378366"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">だからこそ、「パニックでの売り」は間違いではなく、生物学なのです。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e34e4eac-1dfc-4cdc-a466-7cd236de8f3d"><div class="bn-block" data-node-type="blockContainer" data-id="e34e4eac-1dfc-4cdc-a466-7cd236de8f3d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🧩 群衆効果</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3c4f40ec-c44b-4807-bbf0-835c7ae11e3d"><div class="bn-block" data-node-type="blockContainer" data-id="3c4f40ec-c44b-4807-bbf0-835c7ae11e3d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">群衆は、論理がオフになっているニューラルネットワークです。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f25f8c2d-7d6e-4baa-8cf1-b3bf9c123202"><div class="bn-block" data-node-type="blockContainer" data-id="f25f8c2d-7d6e-4baa-8cf1-b3bf9c123202"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">10人が「次の Solana」を信じると、それは成長します。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b3939bf5-0426-4d7a-9186-0b924f82f1c6"><div class="bn-block" data-node-type="blockContainer" data-id="b3939bf5-0426-4d7a-9186-0b924f82f1c6"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">1万人がすべてが崩壊すると信じると、それは本当に崩壊します。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="df6a3d27-4986-4e7a-ab74-287a64136f89"><div class="bn-block" data-node-type="blockContainer" data-id="df6a3d27-4986-4e7a-ab74-287a64136f89"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">ブロックチェーンはトランザクションを記録しますが、感情はトレンドを記録します。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c3029fdd-5a97-4f9c-a868-1d8c8ff38284"><div class="bn-block" data-node-type="blockContainer" data-id="c3029fdd-5a97-4f9c-a868-1d8c8ff38284"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🔍 スマートなプレイヤーがすべきこと</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5e957645-9879-4126-b1a1-f99492324c1c"><div class="bn-block" data-node-type="blockContainer" data-id="5e957645-9879-4126-b1a1-f99492324c1c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">1. tokenomics だけでなく、行動を研究します。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="eb461f4f-2d60-446a-9c53-9329c7ef5bba"><div class="bn-block" data-node-type="blockContainer" data-id="eb461f4f-2d60-446a-9c53-9329c7ef5bba"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">2. Twitter ではなく、オンチェーンデータでセンチメントを見てください。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f680baf8-4c90-44d0-a472-4138c3c38a25"><div class="bn-block" data-node-type="blockContainer" data-id="f680baf8-4c90-44d0-a472-4138c3c38a25"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">3. 理解してください。crypto は感情の実験室であり、市場は大衆に対する実験です。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bffb6e3f-33fc-4fe8-8888-cba24ce10d1b"><div class="bn-block" data-node-type="blockContainer" data-id="bffb6e3f-33fc-4fe8-8888-cba24ce10d1b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">🧠 最後の洞察</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9bd4c705-3215-4ca0-a435-e32dbebb9766"><div class="bn-block" data-node-type="blockContainer" data-id="9bd4c705-3215-4ca0-a435-e32dbebb9766"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Crypto は単なる金融ではありません。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2ff13aea-aa77-4e1d-9d7a-99fd65f8df96"><div class="bn-block" data-node-type="blockContainer" data-id="2ff13aea-aa77-4e1d-9d7a-99fd65f8df96"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">これはグローバルな心理療法であり、各サイクルは、あなたが本当に誰であるかを示しています。プレイヤー、探検家、または単なる傍観者です。</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="89f9d0c8-6181-451c-93d2-3150ebe2a731"><div class="bn-block" data-node-type="blockContainer" data-id="89f9d0c8-6181-451c-93d2-3150ebe2a731"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">⚡️この記事を読んで考えさせられたら、私たちのチャンネルを購読し、❤️を押して、まだ感情で取引している人たちと共有してください。<br></blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="77448696-8e9d-4d42-861c-38d28e1219d5"><div class="bn-block" data-node-type="blockContainer" data-id="77448696-8e9d-4d42-861c-38d28e1219d5"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

ブロックチェーンの心理学：投資家が非合理的な行動をとる理由

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="7c8d78c9-d966-4127-9306-2c2866d38d43"><div class="bn-block" data-node-type="blockContainer" data-id="7c8d78c9-d966-4127-9306-2c2866d38d43"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Japan is preparing to <strong>prohibit insider trading in cryptocurrency markets</strong>, according to a recent report by <em>Nikkei</em>. The move marks another major step in aligning Japan’s crypto regulations with traditional financial market standards.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b8ebe2a5-ec3f-4064-a5a6-3040dfc76b25"><div class="bn-block" data-node-type="blockContainer" data-id="b8ebe2a5-ec3f-4064-a5a6-3040dfc76b25"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">📰 Key Details</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e4009790-d524-4ac5-91ba-518efe3d9ade"><div class="bn-block" data-node-type="blockContainer" data-id="e4009790-d524-4ac5-91ba-518efe3d9ade"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Japan’s regulators are drafting a new framework that will <strong>explicitly ban insider trading involving crypto assets</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d795b9df-d120-4155-9451-cf97309d126e"><div class="bn-block" data-node-type="blockContainer" data-id="d795b9df-d120-4155-9451-cf97309d126e"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Currently, Japan’s <strong>Financial Instruments and Exchange Act (FIEA)</strong> does <strong>not</strong> cover insider trading for crypto, leaving a legal gap.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4ad5e789-0f2b-428c-9119-91575868418d"><div class="bn-block" data-node-type="blockContainer" data-id="4ad5e789-0f2b-428c-9119-91575868418d"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Under the new rules, the <strong>Securities and Exchange Surveillance Commission (SESC)</strong> — Japan’s main market watchdog — will be empowered to <strong>investigate suspicious crypto transactions</strong> and <strong>impose penalties or criminal charges</strong> for violations.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4002d7a0-27c4-4e48-86b8-5350f6b9feb6"><div class="bn-block" data-node-type="blockContainer" data-id="4002d7a0-27c4-4e48-86b8-5350f6b9feb6"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">The legislation will clarify:</p></div><div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="c7b1b041-cd61-4f23-8c42-2fb6d5c9d268"><div class="bn-block" data-node-type="blockContainer" data-id="c7b1b041-cd61-4f23-8c42-2fb6d5c9d268"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">What constitutes “insider information” in crypto projects</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e0cb8783-5514-4ff8-8dcf-0bc10b63c218"><div class="bn-block" data-node-type="blockContainer" data-id="e0cb8783-5514-4ff8-8dcf-0bc10b63c218"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Who qualifies as an “insider”</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0bcc1cea-a4f4-4965-8e65-1cafa18931e7"><div class="bn-block" data-node-type="blockContainer" data-id="0bcc1cea-a4f4-4965-8e65-1cafa18931e7"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">When information must be publicly disclosed</p></div></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="97aa5000-6bbb-48aa-bd28-0728508bff53"><div class="bn-block" data-node-type="blockContainer" data-id="97aa5000-6bbb-48aa-bd28-0728508bff53"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">The <strong>Financial Services Agency (FSA)</strong> is reportedly forming a working group to finalize the legal framework and aims to <strong>introduce the bill to parliament by 2026</strong>.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="46eaef15-4f0f-4d53-8b7c-6fc01ca3b5fa"><div class="bn-block" data-node-type="blockContainer" data-id="46eaef15-4f0f-4d53-8b7c-6fc01ca3b5fa"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><em>(Sources: Nikkei, Cointelegraph, Decrypt, Reuters)</em></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="a4b74084-5cdf-4f05-bb00-760b7213c36d"><div class="bn-block" data-node-type="blockContainer" data-id="a4b74084-5cdf-4f05-bb00-760b7213c36d"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">🎯 Why This Matters</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d9944b5a-b85c-4df1-93fb-4af3c010e4bb"><div class="bn-block" data-node-type="blockContainer" data-id="d9944b5a-b85c-4df1-93fb-4af3c010e4bb"><div class="bn-block-content" data-content-type="numberedListItem" data-index="1"><p class="bn-inline-content"><strong>Boosting Market Confidence</strong><br>The measure is expected to enhance trust in Japan’s crypto markets by reducing manipulation, information asymmetry, and unfair trading advantages.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5a12180b-a026-4f90-8b57-58cb574ccd19"><div class="bn-block" data-node-type="blockContainer" data-id="5a12180b-a026-4f90-8b57-58cb574ccd19"><div class="bn-block-content" data-content-type="numberedListItem" data-index="2"><p class="bn-inline-content"><strong>Strengthening Oversight</strong><br>Giving the SESC clear authority will help Japan monitor crypto transactions more effectively, even though decentralized systems make enforcement complex.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="875702c1-81f1-4e9b-9b48-a14e196de0cb"><div class="bn-block" data-node-type="blockContainer" data-id="875702c1-81f1-4e9b-9b48-a14e196de0cb"><div class="bn-block-content" data-content-type="numberedListItem" data-index="3"><p class="bn-inline-content"><strong>Regulatory Alignment</strong><br>Japan has long aimed to integrate crypto within its financial regulatory system. Earlier in 2025, Nikkei also reported that the government plans to <strong>grant crypto assets legal status as financial products</strong>, paving the way for broader investor protection measures.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="aa732478-e10d-4cce-a05b-f4c3afce5de7"><div class="bn-block" data-node-type="blockContainer" data-id="aa732478-e10d-4cce-a05b-f4c3afce5de7"><div class="bn-block-content" data-content-type="numberedListItem" data-index="4"><p class="bn-inline-content"><strong>Challenges Ahead</strong></p></div><div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="5004d0ca-d7a0-4f8b-b349-a61a840f9605"><div class="bn-block" data-node-type="blockContainer" data-id="5004d0ca-d7a0-4f8b-b349-a61a840f9605"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Determining who counts as an “insider” in decentralized projects</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f9a01339-5dad-49b7-ad32-7d1d8b6631e1"><div class="bn-block" data-node-type="blockContainer" data-id="f9a01339-5dad-49b7-ad32-7d1d8b6631e1"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Defining what qualifies as “non-public” or “market-moving” information</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9080e040-642a-49be-a3e4-4be2f993488c"><div class="bn-block" data-node-type="blockContainer" data-id="9080e040-642a-49be-a3e4-4be2f993488c"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Regulating cross-border transactions in globally traded digital assets</p></div></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c58a8f2a-bf0e-4a22-bb62-91fb9f76fa78"><div class="bn-block" data-node-type="blockContainer" data-id="c58a8f2a-bf0e-4a22-bb62-91fb9f76fa78"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

🇯🇵 Japan Moves to Ban Insider Trading in Crypto Markets (Nikkei)

🇯🇵 日本、仮想通貨市場におけるインサイダー取引の禁止に動く（日経）

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