Bitcoin wasn't made for BlackRock.

It wasn't made for MicroStrategy.

It wasn't made for governments.

It was made for you to escape them.

But now, they're the ones taking it from you and you're celebrating the profits.

On May 26, Coinbase saw an outflow of 8, 742

BTC - the third-largest single-day BTC outflow in the past month.

Historically, such outflows are followed by institutional announcements or spot Bitcoin ETF inflows.

The institutions are eating first and fast.

Miners aren't selling to the open market anymore.

They're cutting direct deals with world banks and institutions.

OTC desks are drying up.

What's left on exchanges?

Panic-sells from retail BTC. scraps of 0.1 or 0.05

Who's buying those?

BlackRock.

Banks.

Sovereign funds.

The very system Bitcoin was designed to replace.
#Bitcoin #decentralisation