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brock / Brockefeller
npub1h4l…2jcm
2024-08-31 07:52:47

brock on Nostr: Another ~1100 bitcoin sold out of ARK on Friday. This isn’t institutional hodling. ...

Another ~1100 bitcoin sold out of ARK on Friday.

This isn’t institutional hodling. This is institutional trading.
Who is selling their ARK/21 ETF position? Down 2,642 btc the last two days. The ETF now only holds 45,367 btc.

That’s ~5% sold in two days. Not good hodling technique. #bitcoin
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npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcm