So U.S. based ETFs amassed more than 1 million #Bitcoin  (>5% of supply) in a couple of months and price just doubled. Where the f* is all this #Bitcoin  coming from?

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Lettuce hands?

Grayscale unloaded more than 50% of their holdings. So from banks lol.

Yeah, from other speculators taking "fiat" profits, makes sense

Fair enough.

Brian

Some hodlers aren’t hodlers..

It will be interesting to see when ETF buyers wake up.