Replying to Avatar plebiANON

The mathematical conclusion from this chart is that there is a highly inverse relationship between net ETF inflows and Bitcoin price.

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OT 1y ago

Plebs selling to wall street creates a stablecoin.

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plebiANON 1y ago

Lots of spot selling out there. Whatever that means, I’m not sure. Could be a bunch of carry trades, could be traders converting spot to ETFs to save on fees when trading. Could just be lots of paper hands.