@grishchen
2024–2025 are among the biggest years for Bitcoin distribution.
Even during strong market growth, long-term BTC holders are selling at one of the highest rates ever.
Last time we saw something similar? 2017 — when BTC first hit $20K.
So why isn’t Bitcoin crashing?
Because the supply is being absorbed by institutions:
corporations, public companies, spot ETFs, venture capital.
What’s happening is a silent shift:
BTC is moving from retail hands → to large capital.
One question remains:
who will buy Bitcoin from them later?
I doubt they bought BTC just to hold it forever.
0 reply
0 recast
1 reaction