Businesses are absorbing bitcoin at 4x the rate it is mined.
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Replies (10)
Wild that individuals are selling that much
"Bitcoin left to be mined" is confusing. If it's "left to be mined" then it's not moving. How about "Bitcoin mined" or "Bitcoin mined that day"
What if they arent?
Well then wouldn’t the price be moving up if the net inflow data is correct?
OG’s versus Wall Street
So retail is here they’re just bet sellers right now
If actual Bitcoin is being sold, yes.
You can’t sell paper bitcoin and not get wrecked eventually
Compagnies, ETF, governememt and other non-indivual are also selling. ETF are going in and out daily, Blackrock is not holding all BTC when his customers sell the ETFs (right?) and Germany sold a lot last year, it's not daily but on average long term it's not 100% retail plus new coins.
This is concerning