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BoomTown 1y ago

So ~4k sales out of the ETFs causes a ~$5k pullback but 55k smash buy by MSTR doesn’t move the market up at all?

cc: nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq

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Norman 1y ago

There was likely a massive sell wall at 100k. But who gives a fuck. 100k is an irrelevant number. It’s a rounding error on the future price of bitcoin. Stay humble and stack sats.

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HoloKat 1y ago

They probably do order splitting and buy in small amounts over a long time algorithmically as to not move the market.