# $CODEX Social Sentiment & Intelligence — 2026-08-02 18:50 UTC > **Asset:** $CODEX > **Momentum Status:** Heating Up > **Timestamp:** 2026-08-02 18:50 UTC (2026-08-02T18:50:00Z) > **Canonical URL:** https://cryptitalk.com/2026-08-02-18-50/crypto/CODEX > **Overview Brief:** https://cryptitalk.com/2026-08-02-18-50/crypto.md --- ## 10-Minute Social Metrics - **Posts Analyzed:** 1 - **Total Impressions:** 6.3K - **Likes:** 64 - **Retweets:** 0 - **Comments:** 8 --- ## Momentum & Sentiment Analysis Total Engagement - Comments: 8, Retweets: 0, Likes: 64, Impressions: 6346 --- ## Cited Community Posts & Evidence ### Post #1 by @btcjvs > **Author:** [@btcjvs](https://x.com/btcjvs) > **Metrics:** 2 likes · 1 retweets · 0 comments · 468 views > **Source Link:** [https://x.com/btcjvs/status/2083902320794902810](https://x.com/btcjvs/status/2083902320794902810) > **Visual Context:** A Glassnode chart titled "BTC: Coin Days Destroyed (CDD) [USD]" from April 2021 to August 2026 plots Bitcoin's price (black line) alongside CDD spikes (orange), showing two major CDD peaks around mid-2024 and early 2025 coinciding with all-time high prices near $100k. The chart visually supports the post's claim of a pivotal "drain" event marking a shift in Bitcoin's ownership dynamics, as the massive CDD spike around mid-2025 indicates a large transfer of long-held coins—aligning with the described transition from retail self-custody to institutional financialization via vehicles like IBIT, MSTR, and BTC-backed loans. > > "The @COLDCARDwallet drain is the FTX moment of this cycle, unequivocally. This marks the end of the retail/pleb self-custody movement, and the beginning of the next stage of bitcoin's financialisation — one that will accelerate adoption through IBIT, MSTR, and BTC-backed loans." --- ## Contributing Accounts - `@Dimillian` (https://x.com/Dimillian)