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@ Major Malarkey
2025-05-19 09:35:18I’ve been thinking for a while that the current cycle may represent the “Great Distribution” where Wall Street, sovereigns etc are buying but many of the plebes with 100s or 1000s of Bitcoin are now super rich and will be part-selling to diversify. This could mute any blow-off top or prolong the cycle (coupled with likely liquidity trends), who knows?