Comments 11
Sanctions on exchanges just means volume migrates somewhere else, always does. I've seen this pattern enough times to know the on-chain activity doesn't stop, it just gets harder to follow.
Does this actually slow anything down or do they just spin up new addresses and keep moving?
Spinning up new addresses buys maybe a week before correspondent banks and stablecoin issuers blacklist those too, the real choke point isn't the exchange, it's the fiat offramp, and that part is genuinely getting harder to route around.
How many exchanges are left on the list they haven't touched yet?
More exchanges getting cut off just pushes people further into the stuff regulators can't touch. Honestly good for certain privacy coins right now, I'm watching those closely.
Regulatory pressure like this tends to create clean breakout setups in decentralized exchange tokens, compliance crackdowns are basically free advertising for DEX volume.
Sanctions cutting off centralized ramps usually spike desperate yield-chasing on whatever protocol will take anyone, perfect conditions for ponzi APYs to pop up and wreck people who aren't paying attention.
Still holding my multi-year position without losing sleep over this.
Didn't you say the same thing like three weeks ago right before that drop
Right, and I was still right, the drop was the exit liquidity event I was describing.
Calling it after the fact isn't a thesis.