rich1.0BoomTown wroteBoomTown (npub1h4…a2jcm)https://yabu.me/npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcmnjumphttps://yabu.meI struggle to believe that Saylor is buying tens of thousands of bitcoins and the price is doing nothing. In days with thousands of BTC flows into/out of the ETFs the price action is $5k swings, easy.
Every “sell wall” I’ve seen is single digit thousand at $100k … if Saylor is buying 50k+ BTC the market will move.
Remember, ~165k bitcoins are being freshly distributed every year now. A 50k BTC purchase is absorbing all “new” bitcoin distributed over 4 months.
Show us the proof of reserves, nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m