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The explanation is simple: Bukele is doing wash trading. See: #1217065
"We can confirm that the total amount of government-owned Bitcoin has not increased and that the increase in the Bitcoin Reserve Fund corresponds to movements across government wallets," IMF Communications Officer Meera Louis told Decrypt in an email.
I'm drawing blanks testing if anyone would be benefiting from IMF falsely stating this.
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100 sats \ 1 reply \ @potatotom 11h
Because they are scared. To manipulate.
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Scared of what?
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