Locked out: Datavault AI's entire Bitcoin treasury trapped on exchange.
Bitcoin treasury firm Datavault AI (DVLT) crashed after telling investors it still can't withdraw its BTC from Biconomy, the exchange holding all its treasury funds, after four months of trying.

𝕏/@lopp •

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Story signal · how it spread on X · via Elfa

as of 28 Oct 08:35 UTC

Spread

Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.

13 accounts

first post 27 Oct 21:54
Leviathan +9.7 h later

BTC reaction

Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.

0.0% 24h after post

$80,884 → $80,907

27 Oct 21:5428 Oct 07:33

Thread · 1 event

28 Oct 00:27First reportDatavault says it cannot withdraw its Bitcoin treasury from Biconomy after four months of requests13 acc.
28 Oct 07:33Leviathan published this article

All times UTC.

Cited posts

@lopp Jameson LoppFirst reportOn X ↗
A Bitcoin treasury company (@Datavault_ai $DVLT) just crashed because they informed investors that they haven't been able to withdraw BTC from the exchange (@BiconomyCom) that is holding all their treasury funds after 4 months of transfer requests.
@wublockchain12 吴说区块链On X ↗
吴说获悉，Casa 联合创始人 Jameson Lopp 发文表示，比特币财资公司 Datavault（DVLT）股价发生崩盘，24 小时下跌 49.55%。此前该公司向投资者通报，其全部金库储备资金均存放在加密交易所 Biconomy，但在提出转账与提币申请长达 4 个月后，至今仍无法从该交易所提取出任何…
@NEEDcreations 🧡NEEDcreations | Bitcoin QuestOn X ↗
A Bitcoin treasury company (@Datavault_ai), is down 50% today after informing their investors that they haven't been able to withdraw their BTC from the exchange @BiconomyCom where all their coins are being held. They claim to have been trying to withdraw it for 4 months......So…

Show 3 more cited posts

@TFTC21 TFTCOn X ↗
.@lopp reports that bitcoin treasury company Datavaultai crashed after informing investors it has been unable to withdraw BTC from exchange Biconomy for 4 months despite repeated transfer requests. https://t.co/M4Xn6UGnPl
@Khaikhaidao KhaiDaoOn X ↗
⚡ JUST IN: Datavault AI stock dumped nearly 50% after the company said it can't withdraw its Bitcoin from Biconomy. The coins sit stuck on an exchange. The market priced in the fear instantly. Custody is the real risk in every BTC treasury play.
@BitcoinArchive Bitcoin ArchiveOn X ↗
$135M Datavault AI shares crashed 50% after the company revealed it was unable to withdraw 817.6 Bitcoin from 'Biconomy' exchange. DVLT is listed on the NASDAQ

7 more accounts posted about this · 2 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · BTC

Open4,959 open positions · 4,257 long · 702 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 28 Oct 07:23 UTC.

Reaction since the first post

Since 27 Oct 21:54 UTC27 calls opened · 25 long · 2 short

Callers with a scored record

@mmmatt long · entry $80,785alpha −0.132 · 45% hit rate · 136 scored

@au_xbt long · entry $80,981alpha −0.151 · 51% hit rate · 37 scored

@KPsConviction short · entry $80,981alpha −0.170 · 46% hit rate · 22 scored

Alpha, hit rate and sample size exactly as Elfa reports them.

Whole crypto market, not this story

Crowding4th percentile · vs last 28 days, 50 typical

Pulse 24h63/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual

Book97.1% long · 10,722 accounts

As of 28 Oct 07:20 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of 28 Oct 08:35 UTC

Locked out: Datavault AI's entire Bitcoin treasury trapped on exchange.
Bitcoin treasury firm Datavault AI (DVLT) crashed after telling investors it still can't withdraw its BTC from Biconomy, the exchange holding all its treasury funds, after four months of trying.