0 sats \ 7 replies \ @Anonymous_Hodler OP 15 Feb \ parent \ on: ETF Inflows and BTC Price correlation bitcoin
Let s try to be more visual…
Blackrock buys shit ton of btc, decreasing the supply… but doesn t buy anything « on the market »
Then the market orders show buyers and sellers, and these orders are not affected by the diminished supply since this supply is the exchange reserve…
if the supply / demand had an effect on the « public market » there would be no point to trade over the counter, don t you think?