Quote from: jubalix on January 12, 2024, 11:25:06 PM

BTC allows us to see more or less how much BTC is being traded. That vast majority of BTC is not moveing and sits off the market. About 2-3 (30%) million BTC seem to be actively traded.

On top of that, whoever sold in the repeat cycles of 2011, 2013, 2017 and 2021, have been wiped out from the market, meaning each time you just get people more commitied to holding.

So what I don't understand is Who selling, becuase there is almost no one left in BTC that is selling any significant amounts.

Well, we can't be certain for who is selling, but that's how the market works right? Prices goes to $48k then someone is going to sell make profits easy as that, we don't need to question who is selling as obviously everyone wanted to make money and that is the end goal here.

Quote from: jubalix on January 12, 2024, 11:25:06 PM

Are CEX's selling and dealing in fractional BTC tradeing?

And why would CEX do that? What would they deal with such kind of practice?

Quote from: jubalix on January 12, 2024, 11:25:06 PM

I am saying is people have run out of BTC to sell. So what then is being sold?

Lol, I think there is enough BTC for everyone sell, or maybe there are average joe not willing to sell their BTC? I just think you make things complicated and over thinking, that just because ETF approved and people expecting the price to go up immediately and investors buying, not selling.