TFTC on nostr

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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Reed · 19w

Should this say sold, or moved on chain... Big difference. This has always been a shortcoming of on chain analytics obviously, but it rarely gets discussed.

𝕞ptf · 19w

Paper Bitcoin or real onchain Bitcoin?

Nostress · 19w

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Milan Ljepoja · 19w

Everyone plays their part.

StellarStoic · 19w

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.

CptKook · 19w

Bye Felicia

rapadu · 19w

So, it was always about ngu then?

Zoltán · 19w

I can't figure out why anyone would sell their Bitcoin. 😯

nostrich · 19w

What are they buying?

Koko · 19w

What a Fucking mess we are in at the moment!! Nobody has a f clues as to what is going on!!