Why Nostr? What is Njump?
2024-05-29 16:00:16
in reply to

plebiANON on Nostr: They are getting their coins somewhere from someone willing to sell at this price. ...

They are getting their coins somewhere from someone willing to sell at this price. Could be public miners, hedge funds selling for liquidity, OTC trades from whales, or lots of options. It certainly seems like we should be higher, but global markets are not univariate. This is why we hodl. Supply and demand math will eventually win out.
Author Public Key
npub13q8evu294dnt20vacfuagj5hy2agwhfr93el8h68qlg708zrxm8qnd6vpv