#978 Dylan LeClair On Bitcoin’s Illiquid Supply Continues To Hit All-Time Highs
The Pomp Podcast
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The Bitcoin Net Realized Profit Loss, What Is This Telling You?
We have the bitcoin net realized profit loss. What we're seeing over the past month is essentially the biggest a capitulation, or the biggest a series of realized losses, inabsolute terms, we've ever seen. Over 12 million bit cointh hasn't moved in the last 12 months. Bickoins 55 % off the hies. Unprecedented maceral environment. People are worrying about a recepsion. And what's happening the bicoin hoddlers oman. You can hear it, you can see it on twitter. The sentiment of the hoddlers that are just relentless and have unwavering conviction. I'd like to think maybe us two in that cohort
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