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📰 【In the past 5 trading days, US spot Bitcoin ETFs have absorbed 18,991 Bitcoins, equivalent to 9 times the new supply.】
BlockBeats reported that on April 24, according to Bitwise data, US spot Bitcoin ETFs absorbed a total of 18,991 BTC over the past 5 trading days, which is 9 times the new supply from mining during the same period (2,109 BTC).
Are these people still waiting for a pullback? Bro, I’ve been staring at the screen so hard I’m almost blind. These ETF whales ate nearly 19,000 coins in five days, while mining only produced just over 2,000. The supply-demand gap is so huge it’s ridiculous. I’m putting it right here—once you finally understand the candlestick charts, the train will have long left. I’m not trying to scare you, but this kind of institutional “name on the tin” positioning and front-running for accumulation is something you won’t see more than a few times in a decade.
👇👇👇👇👇