everyone thinks governments already dumped their bitcoin and retail is the only real bid left, but actually the biggest stacks are still sitting with states.
you either fomo the breakout or freeze on the exit, then a seizure headline or a quiet treasury move wrecks the level you just bought. not knowing who holds the idle supply is how traders donate entries they thought were safe.
look at the actual bags. the u.s. leads with around 328,000 to 330,000 btc. china follows with about 190,000 btc, which is wild if you still think they hold zero. the uk is in for roughly 61,000 btc. ngl those aren't rounding errors, ser. that's a case study in supply that can show up without a roadmap.
most people are busy rotating out of $btc into $eth or chasing whatever $bnb is doing that week, then acting shocked when a sovereign headline rewrites the chart. wagmi gets harder when the quiet inventory belongs to countries, not random traders.
anyone else seeing this, or do you think these coins just sit forever?
#bitcoin #btc #macro
you either fomo the breakout or freeze on the exit, then a seizure headline or a quiet treasury move wrecks the level you just bought. not knowing who holds the idle supply is how traders donate entries they thought were safe.
look at the actual bags. the u.s. leads with around 328,000 to 330,000 btc. china follows with about 190,000 btc, which is wild if you still think they hold zero. the uk is in for roughly 61,000 btc. ngl those aren't rounding errors, ser. that's a case study in supply that can show up without a roadmap.
most people are busy rotating out of $btc into $eth or chasing whatever $bnb is doing that week, then acting shocked when a sovereign headline rewrites the chart. wagmi gets harder when the quiet inventory belongs to countries, not random traders.
anyone else seeing this, or do you think these coins just sit forever?
#bitcoin #btc #macro