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Cryptonian

04/01 15:43

US Govt to (foolishly) sell 41,500 #BTC   

US Govt to (foolishly) sell 41,500 #BTC    over the remaining course of the year.

41,500 / 276 days = ~150 BTC per day.

Exchange inflows over the past month have been ~37,000 BTC per day.

150 BTC represents a mere ~0.4% of additional daily sell pressure. Plebs DCA'ing will likely absorb this without issue.

Thanks for the cheap sats.20230401_211248.jpg

#Money hack: Soaring crypto#Trading Volume Hits New Low Since November 2020
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