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Show Notes
<p>The Institutional Bitcoin Sell Off</p>
<p>This sell-off is historic in magnitude of losses realized by short term holders. STH-SOPR has only dipped this low on three occasions since 2015: </p>
<p>Feb 2018 start of bear market </p>
<p>Nov 2018 bear capitulation </p>
<p>Mar 2020 COVID sell-off</p>
<p>Bitcoin 1st $10K move on a single day!</p>
<p>HODL it’s that simple</p>
<p>Bitcoin Never Dies!</p>
<p>Repo and Reverse Repo Operations</p>