NFT liquidity still sets the tone for hedging demand: reading the Mercado Bitcoin tape

Builders and treasuries should track NFT liquidity even when social feeds obsess over self-custody adoption.

A clean chart can hide a crowded trade.

Even when feeds obsess over “Mercado Bitcoin begins post,” the durable question remains process versus prediction.

Attention jumps quickly; capital moves more slowly.

Stay close to what users and balance sheets are actually doing.

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