Long-term bitcoin holders have sold more than 400,000 bitcoin over the last 30-days, representing almost 2% of the total supply.
Bitcoin is in a material supply distribution phase and the price is still holding strong above $100,000.
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Paper Bitcoin or real onchain Bitcoin?
That's why when we make our onboarding workshops, we never talk about bitcoin price. That's the main thing with NgU narratives, don't expect otherwise because you thought people to buy/sell in frametimes.
Something to keep in mind.
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Everyone plays their part.
I think it's more like transferring not actually selling. 400k is indeed a huge number but 1 Bitcoin in cold storage of a pleb equals 1 Bitcoin in Black rock possession.
Bye Felicia
So, it was always about ngu then?
Those are NSA and CIA black opp wallets selling π€· price suppression and operation funding = two birds with one stone
ππ
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I can't figure out why anyone would sell their Bitcoin. π―
What the difference between holding $10billion of Bitcoin and $100 billion in Bitcoin?
Basically nothing from a material perspective but 4 years of your life you will never get back.
Bill bro π
Because they aren't true Bitcoin Maximalists that don't believe in HODLing! They're buying/selling Bitcoin short-term and treating it like just another shit-coin. Sad really!
> Long-term bitcoin holders have sold more than 400,000 bitcoin over the last 30-days
So 30 days, hmmm... Maybe lots of long-term hodlers are not happy with the Core team going rogue with v30.
I know I'm not.
time to UASF and keep Bitcoin best money. Bitcoin is money not data storage
What are they buying?
What a Fucking mess we are in at the moment!! Nobody has a f clues as to what is going on!!