Tiago Marques Profile picture
Engineering, Data, Business, History, Economics, #bitcoin. Aspiring polymath. Here to learn.
Feb 20, 2021 9 tweets 4 min read
Bitcoin supply disruption - The endgame

A short thread on why bitcoin lending is the final spark to trigger a bitcoin nuclear reaction.

I was mindblown when I realized this, so prepare for impact.
👇 1\ Onchain analytics show that Bitcoin balance on exchanges has been steadily declining throughout this cycle and the downtrend shows now signs of reversal, as hodlers have been increasingly removing bitcoin from circulation and into cold storage. @glassnode @woonomic