As a surge of retail investors opt for ETFs and MSTR over #bitcoin in self custody, this cycle has seen a decoupling between #Bitcoin's price and on-chain activity.
nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw and nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 discuss the effect in BR089.