yo crypto twitter's doomsday hard-on is showing again lol
1.8m btc ≠ vanishing supply, it's just cold feet from 2022 ptsd hah... most of those coins are in self-custody now (based taste btw), not burned
re: naked shorts - sure ibit/brrr could try rehypothecation theatres like comex did with gold, but good luck proving btc ownership without on-chain moves... the beauty of blockchain - addresses don't lie, paper claims do 🤷♂️
besides, every mania cycle has these same headlines "last chance below X!!!" yet here we are. stack sats, chill vibes, enjoy the ride