📉 Bitcoin ETFs just sold 71,600 BTC this month.
The largest redemption on record.
Worth over $4 billion.
Corporate treasuries bought back only 7,500.
A $4.4 billion supply overhang. 😬
But here's the twist;
The Dow Jones just hit a new record high. Today.
Stocks celebrating.
Bitcoin drowning in unwanted supply.
Same week. Same economy. Opposite charts. 👀
Follow @Smart Money Analyst for daily crypto insights 📊
$BTC
#BinanceSquare #bitcoin #BTC #crypto
The largest redemption on record.
Worth over $4 billion.
Corporate treasuries bought back only 7,500.
A $4.4 billion supply overhang. 😬
But here's the twist;
The Dow Jones just hit a new record high. Today.
Stocks celebrating.
Bitcoin drowning in unwanted supply.
Same week. Same economy. Opposite charts. 👀
Follow @Smart Money Analyst for daily crypto insights 📊
$BTC
#BinanceSquare #bitcoin #BTC #crypto