$300mm net inflows a day into Bitcoin ETFs in NYSE/ARCA means 7,000 BTC a day taken off market at current BTC prices. Only 900 Bitcoin is mined every day. i.e. $38M @42K so SPOT ETF = SPOT PAPER in BrokerDB #plebchain
Either WHALE HODLers are SELLING or its LIE
I see yesterday almost 9000 btc went from GBTC to Coinbase. When Barry will be drained things will start getting fun.. 👀
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Barry already RESIGNED !
bitcoin will become like gold soon all opaque "trading data" moving from one custodian to another - unless txids are made public
