⛔ INSTITUTIONAL FIAT FUND RAMPING INTO is NOT BITCOIN FRIEND LONGTERM ! ⛔ #facstr
theory - if u consider fiat as useless mostly printed out of thin are authority fear/control based money imposed then fiat hodlers swapping their  shit with sound money. counter party side - real onchain holders either see #centralization in progress or swapping to other better things than bitcoin. this excludes bitcoin futures n trading contract which has no bulk onchain coin in any form as per rules fully fiat settled. only price pushing to moon is useless metric unless other technical and onchain metrics are growing.