For me the craziest thing about all of this is how much BTC these funds were able to suck up in such a short amount of time and all the plebs are still selling and suppressing the price at previous all time highs. A part of me thinks people really are that dumb and fickle and the other part assumes someone is printing fake paper Bitcoin. Maybe both.
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It is pretty wild, I thought we had low liquidity so when ETFs were gobbling up a ton I figured we would see a massive explosion in price but nope!