This cycle is no longer retail driven

And we are STILL EARLY.

Roots run 16 years deep

I scooped aplenty

probably should thank saylor for hoovering up a bunch of those coins. think he just raised 2 billy yesterday...

I saw 17k were sold. They dumped all 80k?

Have we now reached the exospher? Just a few years ago, we kept hearing over and over that Bitcoin was too small for billionaires and institutions to find useful.

Everybody needs bitcoins, and many are starting realize it and act on it. 🔥🚀

Didn’t we fell only $3k?

These are the moves accumulation whales have been hoping for since price was bid up to 120k. Demand at 100k was too strong and depleted supply

Market is waiting to plummet when I sell my 0.001 btc

OTC is not needed any more it seems... At least not for selling.

Some dubious news sites advertise this event as a Bitcoin hack. https://eloise88.medium.com/who-cracked-bitcoin-on-july-4th-408230a70f5d

Jup. Incredibly bullish and contributes to a new price floor. Also, I love seeing Whalepanda cry on the bird app about paper coins every day when it’s in fact legit whales parting with their coins

But we don't know if and how much was actually sold

https://blossom.primal.net/fa9ff4d82d58f81cc1539be083854f4d7c443d28c00399ea44179e6e4f64a32d.png

Thanks OG for giving me a discount today. When do you think no one will sell and just take a loan against BTC?

Wait... Wasn't that an 80k purchase? I still haven't gotten around how sales drive prices down and buys pump them up when every trade is both a buy and a sale. 🥲

It was much more than 80K sold. This is the most bullish I’ve been since yesterday. Also, FTX was about 80K dumped on the market as well & it was quite different. This is what’s called signal.

What's even more amazing to me is that whales are aware of this, meaning the self-regulatory capabilities of Bitcoin as a socio-technical system are even better than we expected. Which also means no sUpErCyClE 🤭

🤔