I see the #bitcoin hashrate is back around 770 EHs

July 13 all time high of 879 EHs , I thought miners would of been more valuable in stock price

Since 2021 Bitcoin price stopped following Hashrate… not exactly sure why, due to the paper #btc from FTX some 79,000 plus the garbage from the others that got liquidated more than likely stopped that

Currently open interest is around 100 Billion $ all of which holds no #btc it’s just paper bets….

The only way to really destroy the open interest and paper #bitcoin is self custody….

The only asset in the world where u can see how many are on exchanges and the most important part

YOU CANNOT SELL WHATS NOT THERE….