Businesses are absorbing bitcoin at 4x the rate it is mined.

Our most comprehensive research on business adoption is coming out next week 👀

Reply to this note

Please Login to reply.

Discussion

Wild that individuals are selling that much

What if they arent?

Well then wouldn’t the price be moving up if the net inflow data is correct?

If actual Bitcoin is being sold, yes.

You can’t sell paper bitcoin and not get wrecked eventually

"Bitcoin left to be mined" is confusing. If it's "left to be mined" then it's not moving. How about "Bitcoin mined" or "Bitcoin mined that day"

OG’s versus Wall Street

So retail is here they’re just bet sellers right now

Compagnies, ETF, governememt and other non-indivual are also selling. ETF are going in and out daily, Blackrock is not holding all BTC when his customers sell the ETFs (right?) and Germany sold a lot last year, it's not daily but on average long term it's not 100% retail plus new coins.

This is concerning