Do you really believe the “OG whales are selling BTC for more tradfi assets to re-allocate, take profit, prepare for inheritance”?
If I’d owned BTC for a decade in large size
I’d know it’s the safest place re risk-reward and counter party
So why sell?
Yes it might be just a portion, a percentage, but to buy what?
Sus
Convenient tradfi chatter to lower people’s resistance to their products
“Oh well, even the whales are using ETFs, maybe it’s fine”
🧐