So let me get this straight.
The ETF’s combined are buying roughly 10K Bitcoin daily.
There are roughly 2.2M BTC left on exchanges.
Not accounting for soon to be only 450 Bitcoin mined per day (which may or not be sold) we have roughly 250 days until there are none left to buy😨
Even getting more conservative with the calculations, technicals & what-ifs, the point is supply shock is imminent. Number has to go up. Buckle up.
SARGE /
npub1ea…3jz98
2024-03-08 16:26:05
Author Public Key
npub1eadju0238myjhhduecc4kl3lw4j3rysu7wdc2avqk8f2yuk6gkkq63jz98Published at
2024-03-08 16:26:05Event JSON
{
"id": "926529e1b60e1f04987185b93be4aa73ef73abf4dc7c77ddc5cd5a9a44944394",
"pubkey": "cf5b2e3d513ec92bddbcce315b7e3f756511921cf39b857580b1d2a272da45ac",
"created_at": 1709915165,
"kind": 1,
"tags": [],
"content": "So let me get this straight.\n\nThe ETF’s combined are buying roughly 10K Bitcoin daily.\n\nThere are roughly 2.2M BTC left on exchanges.\n\nNot accounting for soon to be only 450 Bitcoin mined per day (which may or not be sold) we have roughly 250 days until there are none left to buy😨\n\nEven getting more conservative with the calculations, technicals \u0026 what-ifs, the point is supply shock is imminent. Number has to go up. Buckle up.",
"sig": "04181ddb6b1ef926de06c7a5934f80be883604c40598522e86472ba25ee717021f6a03b69f8fcfaa1a468b679f2ab5d6f28a3a29dba20687e2d7c9386892f61f"
}