Nostr Web Client

Also the sad reality that a lot of the liquidity now is flowing in and out of the ETF. so no one is moving money from/to their own wallets.

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 11mo ago

BITCOIN LIQUIDITY IS TRAPPED.

#Mempool is empty, and it’s a cold truth considering the shitcoinery it was happening on it. Yet most traded Bitcoin isn’t moving because it’s locked up with custodians. ETFs, exchanges, and custodial wallets are holding the keys while retail ignores self-custody. And shitcoiners are moving to cheaper networks.

🏴‍☠️40% of the #bitcoin traded volume still moves through exchanges

🔸OTC balances are up 105%

🚩Only 35% of long-term holder supply went to ETFs

🔸ETF trading volume is just 4% of the total market.

That’s why I don’t think it’s

the ETFs. We simply need to recognise that only a fraction of a fraction is holding their own keys. Which is a rug risk indicator. And also a validation that the sheeple don’t want to be sovereign.

We better take advantage and build better solutions.

Reply to this note

Please Login to reply.

Discussion

Liberty Farmer 11mo ago

The global banks are trying their best to pull liquidity from the world.

Companies are laying off

Credit card debt piling on

Automakers are losing billions

Commercial real estate is imploding

People can't afford homes

The fed can't lower rates below the markets

Governments don'tt know how they are going to avoid hyperinflation

Trade wars are looming

And we are surprised that a new and modern sound money and alternative assets is flat and not a lot of new speculation and liquidity?

Dude, it's amazing to be where we are at with all else going on.