Non plebs now own 3.64 million #Bitcoin.
At this moment that is growing with a rate of 3.62% each Month (that % was lower the last few weeks).
If that would continue, in just 2 years they own half of all #Bitcoin.
In 3 years they would own all #Bitcoin....
It can't continue at this rate.
So either demand will slow down or price must go UP.
That's either a lot of OGs selling or a lot of pBTC changing hands.
https://video.nostr.build/ea110ca2459d8d46ae62be24af7559b47a4ca86e598bd1e51a9905f5231a49e3.mp4
We plebs can't see/know what is happening to #Bitcoin any more.
Untill some 6 years ago we could see onchain data, look at the orderbooks, and be quite accurate about demand supply and understand price action.
Nowadays there is too much OTC or paper-BTC moving around to understand price movements or lack of movements.
I feel a bit pitty for new Bitcoiners, they fully have to trust Bitcoin to keep doing its thing and be patient.
For those who already have some serious wealth in it that is a bit easier I think.
Yeah , it is certainly getting more complicated as the fiat system entangles itself.
