I Love America, when I see something cool I repost it so I can show my Wife later. BTW I'm not interested in reading a whole fucken book when you post something
270,000 BTC accumulated by whales at $59k. largest single accumulation spike ever recorded on chain. bigger than the covid bottom (150k BTC). bigger than the FTX bottom (180k BTC). ETF outflows hit $4.5b in june but that capital rotated to semis, not cash. the entities selling BTC face quarterly redemptions and compliance committees armed with citi's $82k target. the entities buying have no reporting requirements and no redemption pressure. LTH SOPR at 0.615 last printed in july 2023 at $25k-$31k before the run to $73k. forced sellers are finite. voluntary buyers at record size are not.
@unusual_whales The people of the Holy City needs to get rid of their Evil leaders and pray for forgiveness for killing all those poor woman and children