~hyperlinks

The full 1.716M P2PK coins are equivalent to around 60-90-days of sell-side (and thus demand) we see in a Bitcoin bull market, but also in late stage bears around the capitulation event

Good to see that in perspective. If it were an entity simply trying to destroy Bitcoin (CCP) they would dump it all at once and it would go to near zero. Anyone else might have a good incentive to simply hold onto it. Sell it slowly or borrow against it like our treasury bros.

bitcoin

Selling Satoshi's Stack

siggy47

> **The full 1.716M P2PK coins are equivalent to around 60-90-days of sell-side (and thus demand) we see in a Bitcoin bull market, but also in late stage bears around the capitulation event**

Good to see that in perspective. If it were an entity simply trying to destroy Bitcoin (CCP) they would dump it all at once and it would go to near zero. Anyone else might have a good incentive to simply hold onto it. Sell it slowly or borrow against it like our treasury bros.