May. 16 at 1:06 PM
$BTC.X the mempool bring as low as it is means that retail isn’t selling
Instead its institutions selling paper bitcoin.
People believe there will only be 21,000,000 bitcoin. But because of Saylor and his fraudulent accounting there are 10-100x more. It’s his paper bitcoin being traded with other fake treasuries
The only real treasury is
$IBIT because they share their public address. I have no position, because I’m my own treasury.