BowTiedSats
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Whales Keep Buying BTC

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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