{"query":{"project":"strategic-bitcoin-reserve","mode":"browse","limit":50},"items":[{"id":"state:b792a90f-8215-4636-95a7-675f70081710:market_status:43611","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"strategic-bitcoin-reserve","name":"Strategic Bitcoin Reserve","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-11-05T17:13:20.537Z","recordedAt":"2026-11-05T17:15:00.586Z","summary":"Token market moved from Trading inactive to Active market","before":"TRADING_INACTIVE","after":"ACTIVE_MARKET","evidence":[{"id":"state:b792a90f-8215-4636-95a7-675f70081710:market_status:43611","label":"HEY state record"}],"source":"hey_state","annotations":{"signalIds":["signal:25199c25-fa77-4443-bd03-efa284c3b897"]},"facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","evidence":"https://heyresearch.xyz/api/evidence/state%3Ab792a90f-8215-4636-95a7-675f70081710%3Amarket_status%3A43611","timeline":"https://heyresearch.xyz/api/projects/strategic-bitcoin-reserve/timeline"}},{"id":"state:b792a90f-8215-4636-95a7-675f70081710:market_status:43523","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"strategic-bitcoin-reserve","name":"Strategic Bitcoin Reserve","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-11-05T13:13:01.570Z","recordedAt":"2026-11-05T13:15:01.639Z","summary":"Token market moved from Active market to Trading inactive","before":"ACTIVE_MARKET","after":"TRADING_INACTIVE","evidence":[{"id":"state:b792a90f-8215-4636-95a7-675f70081710:market_status:43523","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","evidence":"https://heyresearch.xyz/api/evidence/state%3Ab792a90f-8215-4636-95a7-675f70081710%3Amarket_status%3A43523","timeline":"https://heyresearch.xyz/api/projects/strategic-bitcoin-reserve/timeline"}},{"id":"state:b792a90f-8215-4636-95a7-675f70081710:verification:24658","revision":1,"op":"upsert","type":"token.verification_changed","domain":"token","origin":"live","project":{"slug":"strategic-bitcoin-reserve","name":"Strategic Bitcoin Reserve","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-08T22:11:13.202Z","recordedAt":"2026-10-08T22:15:03.474Z","summary":"Token verification moved from Verified to Unverified","before":"VERIFIED","after":"UNVERIFIED","evidence":[{"id":"state:b792a90f-8215-4636-95a7-675f70081710:verification:24658","label":"HEY state record"}],"source":"hey_state","facts":{"key":"verification","scoringVersion":"hbm-v25"},"links":{"project":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","evidence":"https://heyresearch.xyz/api/evidence/state%3Ab792a90f-8215-4636-95a7-675f70081710%3Averification%3A24658","timeline":"https://heyresearch.xyz/api/projects/strategic-bitcoin-reserve/timeline"}},{"id":"signal:f40e2f5c-9ee9-45ee-9227-9648411dcadc","revision":1,"op":"upsert","type":"market.distribution_changed","domain":"market","origin":"live","project":{"slug":"strategic-bitcoin-reserve","name":"Strategic Bitcoin Reserve","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve"},"occurredAt":"2026-10-02T01:13:54.687Z","precision":"WINDOW","detectedAt":"2026-10-02T01:13:58.755Z","recordedAt":"2026-10-02T01:15:42.728Z","summary":"Outside pools and burns, 13 addresses now hold half the supply","before":20,"after":13,"evidence":[{"id":"signal:f40e2f5c-9ee9-45ee-9227-9648411dcadc","label":"HEY Signal"},{"id":"signal:f40e2f5c-9ee9-45ee-9227-9648411dcadc","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","label":"Distribution"}],"source":"hey_signal","facts":{"kind":"concentration_rose","unit":"addresses","detail":"Down from 20. The count and the supply it is measured against both exclude pools, lockers and burn addresses."},"links":{"project":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","evidence":"https://heyresearch.xyz/api/evidence/signal%3Af40e2f5c-9ee9-45ee-9227-9648411dcadc","timeline":"https://heyresearch.xyz/api/projects/strategic-bitcoin-reserve/timeline"}},{"id":"integrity:54dcc16d-ccaf-4626-afc6-1e47661aee65:activity:2026-09-16","revision":3,"op":"upsert","type":"market_integrity.event","domain":"market_integrity","origin":"live","project":{"slug":"strategic-bitcoin-reserve","name":"Strategic Bitcoin Reserve","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve"},"token":{"chainId":4663,"address":"0xac2ba65e2c2e7e7c0002942dbe9c89856ef21eca"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-30T00:22:43.739Z","recordedAt":"2026-10-16T13:20:01.589Z","summary":"Trading fell from 1,224 trades a day (the seven days to 2026-09-16) to 114 a day in the seven days to 2026-09-30, in HEY's decoded on-chain trades.","evidence":[{"id":"integrity:54dcc16d-ccaf-4626-afc6-1e47661aee65:activity:2026-09-16","label":"HEY market index"}],"source":"hey_market_index","facts":{"kind":"MARKET_ACTIVITY_COLLAPSE","changePct":-90.72,"confidence":"medium","peakWeekEnd":"2026-09-16","recentWeekEnd":"2026-09-30","peakTradesPerDay":1223.7,"recentTradesPerDay":113.5},"links":{"project":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","evidence":"https://heyresearch.xyz/api/evidence/integrity%3A54dcc16d-ccaf-4626-afc6-1e47661aee65%3Aactivity%3A2026-09-16","timeline":"https://heyresearch.xyz/api/projects/strategic-bitcoin-reserve/timeline"}},{"id":"signal:03337b8d-347e-4597-b49b-c104863f8fd4","revision":2,"op":"retract","recordedAt":"2026-10-17T21:50:02.799Z"},{"id":"signal:36bbc92e-e8cb-441d-8552-34e797c42f7e","revision":2,"op":"retract","recordedAt":"2026-10-17T21:50:02.799Z"},{"id":"source:c48a6cf4-7f3d-45da-9721-16be6b314dbd:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","origin":"bootstrap","project":{"slug":"strategic-bitcoin-reserve","name":"Strategic Bitcoin Reserve","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-19T00:06:55.201Z","recordedAt":"2026-09-26T11:40:11.784Z","summary":"Official source added: telegram","evidence":[{"id":"source:c48a6cf4-7f3d-45da-9721-16be6b314dbd","url":"https://t.me/SBRROBINHOOD","label":"Telegram"}],"source":"hey_research","facts":{"sourceType":"TELEGRAM"},"links":{"project":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","evidence":"https://heyresearch.xyz/api/evidence/source%3Ac48a6cf4-7f3d-45da-9721-16be6b314dbd","timeline":"https://heyresearch.xyz/api/projects/strategic-bitcoin-reserve/timeline"}},{"id":"source:d1fe1944-e259-463d-9784-10d9f8ba6ab1:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","origin":"bootstrap","project":{"slug":"strategic-bitcoin-reserve","name":"Strategic Bitcoin Reserve","url":"https://heyresearch.xyz/project/strategic-bitcoin-reserve"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-19T00:06:55.195Z","recordedAt":"2026-09-26T11:40:11.784Z","summary":"Official source added: x","evidence":[{"id":"source:d1fe1944-e259-463d-9784-10d9f8ba6ab1","url":"https://x.com/sbronrobinhood","label":"X"}],"source":"hey_research","facts":{"sourceType":"X"},"links":{"project":"https://heyresearch.xyz/project/strategic-bitcoin-reserve","evidence":"https://heyresearch.xyz/api/evidence/source%3Ad1fe1944-e259-463d-9784-10d9f8ba6ab1","timeline":"https://heyresearch.xyz/api/projects/strategic-bitcoin-reserve/timeline"}}],"nextCursor":null,"hasMore":false,"ledger":{"collectionStart":"2026-09-26T11:35:57.227Z","transitionsFrom":"2026-09-26T11:32:48.791Z","newestRecordedAt":"2026-11-06T15:40:24.710Z","projectorRanAt":"2026-11-06T15:40:24.710Z"},"disclaimer":"Public, source-backed activity HEY recorded. Still Building means counted ships during a market drawdown HEY itself tracked — it is not a prediction, not a ranking by price, and not investment advice. Few projects meet Still Building or Under the Radar at any time; both are strict by design, and list responses carry the counts."}