#Bitcoin #Zap #Bitcoiners #Bitcoiner #Zaps #plebchain #coffeechain #nostr #gronostr #brazil #censor #censorship #emotions #switching #meant #VPN #sats #satoshi #orange #theprotocol #bluesky #Awesome #simpler #58k
Ever wonder where all the Bitcoin is? We went looking.
Who is selling? Government?
We did just finish up the Germany, US and Mt Gox, and there may be some leftovers there. Many theorize that much of the price suppression/action is coming leveraged long positions being liquidated. Having unlimited derivatives contracts on Bitcoin certainly makes us wait to flush the leverage out on each large move. The on chain spot market looks like mostly retail if anyone, but even then the HODL rates are 65% >1 year and 75% >6 months.
One canβt tell the difference between *lost coins* and those locked up by a committed hodler
Yeah itβs certainly not an exact science. There is a bunch on chain data on movement and hodl rates that play into it. Also there are known death losses and losses known from reported machines and such. One in-depth research firm went as far as statically estimating how many people get locked out yearly.
nostr:npub15tdn6fh3q7990dtemwdnu3x4kp4r6dcqvntyum63ufg4tshtfnfq0s67mv Thank you. Much appreciated.ππ
nostr:npub1czh5k00m98ele8wy989jcpe43pqzaerzxxc5f9hv0jjdnqj2k6zsy7ghsa Thanks so much! ππ
60% vs 7%
we have a winner!
#weareallSatoshi π§‘
Yes we do! Thank you so much. ππ
nostr:npub14skfs2ecexh20y2eqn6paqweqex4lw48q0xqa6va5hxscdpncxwqyujz2n Thanks so much for your support. ππ
