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And yet absolutely nothing happens with the course 🤷
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@DonkeyInvestor At least we had new ATHs🤷‍♂️
But yes, if you look at the inflows, we should actually be much higher. Most purchases are made OTC and therefore have no direct effect on the price. Sales, on the other hand, are mostly executed on the spot market and do have an impact on the price
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@stefan_21 and yet the OTC coins have to come from somewhere. It can't be that they have all stashed them for years and thought to themselves "when ETFs come in 5 years, I'll sell everything OTC!"
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@DonkeyInvestor Absolutely. For the most part, of course, these are the miners. But also other whales.
But even the miners would have to run out of Bitcoin at some point.
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@DonkeyInvestor Just had a quick google: The OTC desks are full gefüllt🤷‍♂️ it will take time to buy them all out.
https://www.coindesk.com/markets/2024/10/01/bitcoin-bull-run-in-question-as-balances-on-otc-desks-rise-to-410k/
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@stefan_21 uff ... Shall we split it? You 200k, me 200k?
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@DonkeyInvestor I only have enough for 100k right now... I'll have to wait for the Christmas bonus for the rest🤣
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@stefan_21 It's already too late until Christmas
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@DonkeyInvestor I'll get that at the end of November... December should be enough for my 100k$ bet to work out this year🤪😂
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