Continuing the post from our beloved Jeroen, the BTC Spot ETF graphs and datas below shows that GBTC has been selling around and 100m+ BTC, as others are acquiring all of it. Specially IBIT from BlackRock. Overall, for now the delta is minus 79 million dollars. Meaning that while GBTC selling pressure starts diminishing, up is the only way. Still, for me we're forming a last 35-37.79k bottom and we shall never see it again. Brace yourselves! And also USA gov filed that it will sell 130m dollars in BTC Show Less
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