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Whales Keep Buying BTC
Sats O'Clock
June 01, 2022
Wake Up! It's Sats O'Clock.
Another weekend and another dip (sigh).
Good morning. It's June 1, 2022.
A brand new month and BTC is still at $31K.
Almost 25% of the total BTC supply hasn't moved in 5+ years. Think about this.
An all time high 4.416M $BTC have not moved in 5+ years, equivalent to 23.17% of circulating supply.
#Bitcoin
— Dylan LeClair 🟠 (@DylanLeClair_)
5:40 PM • May 31, 2022
Fidelity is doubling down on their crypto and Bitcoin teams.
JUST IN: $4.5 trillion Fidelity to double headcount for #Bitcoin and digital assets division
— Bitcoin Magazine (@BitcoinMagazine)
11:38 AM • May 31, 2022
Only upwards from here...?
#bitcoin May close $31,762 .. lowest monthly close since Dec 2020
— PlanB (@100trillionUSD)
12:00 AM • Jun 1, 2022
It is becoming increasingly likely Panama will be 3rd country to make Bitcoin legal tender.
JUST IN: Top 30 bank in Panama, Towerbank, has declared it is #Bitcoin friendly 🇵🇦
— Bitcoin Magazine (@BitcoinMagazine)
1:36 PM • May 31, 2022
A gentle reminder from Saylor.
Billions of people have not yet discovered #Bitcoin.
— Michael Saylor⚡️ (@saylor)
12:50 PM • May 31, 2022
Also a reminder that only 21 Million BTC will exist.
Did you sell?
PROOF: Everyone who sold their #Bitcoin in the past 2 weeks sold their coins to whales! 😱👀
— Crypto Rover (@rovercrc)
6:21 PM • May 31, 2022
Bitcoin is a test in patience. Weak hands sell their BTC to diamond hands.
If you bought Bitcoin in the last year, there is a ~65% chance you have held on through a near 50% drawdown. HODL!
65.7% of the #Bitcoin supply has not moved in at least 1 year.
That's a remarkable 12.5 million coins.
— On-Chain College (@OnChainCollege)
6:30 PM • May 31, 2022
In the last 24 hours, ~$275M worth of Bitcoin has been liquidated.
When will the shorts learn?
An Interesting Read...
✨ Nick Szabo explaining why it took decades to create #Bitcoin a decade ago
— RIZZO (@pete_rizzo_)
1:50 PM • May 31, 2022
MEME OF THE DAY
Put $12.00 into Bitcoin last Saturday sitting on $13.26 today lmaoo idk how y’all do that 9-5 life
— McShane (@mcshane_writes)
4:03 PM • May 31, 2022
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