INFORMANT

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TRANSCRIPT

META dropped -1.33% over the last 60 minutes (96th percentile vs its own baseline). That is a massive outlier against its own history, detected purely off the tape. We are seeing this move with no prior signal from the desk’s feed and zero wire coverage to explain it yet. The market is moving on something we haven’t ingested. This is a raw price action event, not a narrative-driven one. Stay alert for incoming reports, but do not assume any explanation exists in our current data set.