Citadel: Retail Investors Net Sold U.S. Stocks and Options Last Week, Historical Data Suggests Strong Rally Ahead

April 8th: A wallet tied to the Pumpfun team or its investors deposited 2.34 billion PUMP tokens into Bitget roughly 30 minutes ago, per Onchainlens monitoring. The deposit is valued at approximately $4 million.

On April 8th, LookOnChain data shows BlackRock withdrew 2,607 BTC (valued at roughly $177 million) and 28,391 ETH (valued at approximately $59 million) from Coinbase within the past 30 minutes.

April 8 — Per Onchainlens data, a crypto whale moved 300 Bitcoin (valued at $20.43 million) from a Binance wallet just 15 minutes ago.

April 8th: U.S. Vice President Mike Pence stated that if Iran fails to reach an agreement before tonight’s deadline, the U.S. may escalate actions against Iran, even using "previously unused means." Pence said the U.S. has the "ability to inflict greater pain" but emphasized neither Trump nor he "wants to go that far," adding they are currently actively pushing for negotiations. He noted the U.S. expects a response from Iran by 8:00 p.m. Eastern Time on April 7 (8:00 a.m. Beijing Time on April 8)—whether positive or negative. Pence warned the U.S. still has "unused means" available, and won’t rule out using them if Iran fails to cooperate.

As of April 8, Cryptoquant data shows the number of active Bitcoin addresses has hit its lowest point since 2016—and the lowest level in nearly eight years. Analyst Gaaah noted: A low-volatility, low-speculation market environment creates ideal conditions for “smart money” and institutional investors—they can quietly build large positions without triggering abnormal price swings. When network activity shrinks sharply, it signals most short-term investors (those who bought on hype and sold out of panic) have exited. Right now, the main remaining participants on the network are long-term holders who are accumulating. Historically, the low point for the active address metric often lines up with the most profitable long-term accumulation range. The network’s “silence” actually means available supply for selling is being absorbed by the market.

On April 7, CZ (Changpeng Zhao) took to social media to announce he’ll join blogger The Wolf Of All Streets (@scottmelker) for a conversation on April 8 at 8 p.m. Eastern Time (8 a.m. April 9 Beijing Time). The pair will discuss his new book and topics he’s never addressed publicly. The book’s first draft was written in prison using a broken laptop, taking more than four months to complete. The full editing process lasted even longer—nearly six months.