El Salvador not really stacking?

Notice the phrasing "total amount of Bitcoin held across all government-owned wallets remains unchanged"

El Salvador only has disclosed the holdings of one wallet. This leads credence to the theory El Salvador is just sending bitcoin from one wallet to another.

https://x.com/Pledditor/status/1927473552493559847

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so they have more than they say they do. which would also make sense because where do they get the money to buy 1 a day. it's just a national lesson in DCA brought to El Salvador by... who knows!

Well ,if the IMF says they haven't increased, then this ticker is just a charade. What wallet is moving funds there?

that's a great question.

i asked a Salvadorean about politics, and she gave me an explanation of how the president is supported by the cartels. that could just be the liberal news channels who are like to make people afraid of him.

but maybe some big cartel owner got into bitcoin, saw the light, and then staged a 1 man revolt from the inside, including giving a wallet with 10000 bitcoin to the current president.

I am sure everything is not as it seems,.that's for sure. Whether this is an internal thing, I don't thit so.

That’s a big oof if true

The next FTX is loading. Quite a few contenders.