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Michael Saylor through MicroStrategy ($STRC) purchased nearly 1.445 Bitcoin in one day. This amount is equivalent to about 3 days of newly mined BTC supply, directly absorbed from the market. This demonstrates how aggressive institutional accumulation is amid the current market conditions.
As supply continues to decrease due to large players buying up, pressure on prices could increase further. If this trend continues, it’s not impossible that a “supply shock” effect will occur, pushing BTC prices up faster than expected. The question now is: are retail investors still hesitant, or are they already starting to fall behind the momentum?
BTC3,03%
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