The market barely twitched. Bitcoin sat at $68,200. Brent crude held $74.60. And yet, a crypto-native news outlet claimed Iran had just shut down the Strait of Hormuz.
I opened my terminal. AIS ship tracking data showed four tankers passing through the Strait in the last hour. No military advisory from the U.S. Fifth Fleet. No statement from the Islamic Republic. Just a single article on Crypto Briefing, a site that normally covers DeFi hacks and token launches.
We mined liquidity while the code slept. This felt like the same code — the code of information asymmetry. Someone was mining attention, and likely positioning a trade before the rest of us woke up.
