waxwing on nostr

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Saddest news👇 https://forklog.com/en/bhutan-liquidates-22-million-in-bitcoin-reserves/

waxwing @waxwing 1770392119

The report seems to say it's normal behavior?

1

I think Bhutan was also borrowing against their Bitcoin. Maybe they got margin called, or maybe it’s just panic. who knows.