Episode #131 - Chris Sullivan and Why Trading Isn't Wealth Creation
Gold Goats 'n Guns Podcast
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VWAP: Volume, Weight, and Average Price
Two weeks ago we saw one, one billion dollar denominated purchase of Bitcoin. We've not seen any that would like single them out per se because the central banks are not the best traders. They do things very sloppy, whether it's shorting the VIX or shorting gold. And it's very true in crypto, where you've got way less supply now than you have ever in its history. So unless they're smartly, which maybe they could do the wrapping over days or weeks, a large position.
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