Would be an interesting model to measure global liquidity against bitcoin miner holdings. Marathon sold down to 17,000 bitcoin in the last bear (November 2022) and now holds 10,000 more (27,000) give or take. I think price predictions and market cycles can best be predicted by measuring new supply coming onto the market against liquid dollar supply available for institutional investors to purchase with. Central banks are coordinated and Michael Saylors 42 billion is cute against a bank that can print 1 trillion with a few lines of code in a SQL database. The real market movers are the large miners, Holding and selling is the bitcoin equivalent of the Fed adjustment of interest rates. Thoughts?