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🧮 In fact, #ETF traders are the only ones #trading bitcoin:native nowadays! How is that? You can see how bitcoin:native dominance chart perfectly follows bitcoin:native chart. It means every #move is external: alts never follow bitcoin:native because #ETF traders only trade Bitcoin! A lot of big players #use bitcoin:native shorts as hedging against #AI stocks exposure. It’s basically free money: you long #AI stocks like crazy while shorting bitcoin:native! Right now it affects #Bitcoin hard, but imagine what happens when stocks cool off and institutions have to close bitcoin:native shorts 🙂↕️
#crypto