Let’s talk about the treasury, because the numbers matter. Jan 11: $WhiteWhale treasury held ~43% of supply. Jan 16: 5% of total supply was burned, dropping treasury ownership to ~38%. Most projects would stop there. WhiteWhale didn’t. Since the burn, the treasury kept accumulating - buying back supply from the open market. Today: The treasury holds 49.3% of total supply. Read that again. That’s not just replacing what was burned - it’s accumulating more while price was under pressure. This isn’t passive. This isn’t accidental. And it’s definitely not extraction. It’s a deliberate strategy: • Reduce circulating supply • Remove weak, speculative float • Increase treasury control • Limit manipulation • Build long-term structure...