Oddbean new post about | logout
 95% of the usable mined coins are HOARDED as SOV  Another proof !!!
takeways are 
👉-> Price ticker is just movement of 1% of the supply or derivative/ synthetics vs fiat casino trading with no skin of bitcoin in it
👉-> Circular bitcoin economy is still very small

👉-> P2P  movements not tracked here not all can tracked appear as wallet transfer or chainanalysis of swap t/r
https://primal.b-cdn.net/media-cache?s=o&a=1&u=https%3A%2F%2Fm.primal.net%2FLCnn.png