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10 sats \ 2 replies \ @hodlpleb 15 Feb \ on: ETF Inflows and BTC Price correlation bitcoin
Because of the ETFs there is more OTC activity than ever before, and less BTC making it into the general supply.
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0 sats \ 0 replies \ @Anonymous_Hodler OP 15 Feb
As of general supply, according to glassnode, exchanges hold 1.8M btc, so i think such pressure isn t correlated
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0 sats \ 0 replies \ @Anonymous_Hodler OP 15 Feb
That totally doesn t answers my questions lol… you are actually enforcing my point more otc activity should not have any impact on spot prices since there is no public transaction!
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