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