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Alvaro5d ago
If honest, most of the buys of public corporations equate, on practical terms, to a change in a column named “ownership” in an Excel file at Coinbase HQ. That would mean that OG’s have been selling BTC worth billions during the last couple of years. Curious as to why. If dishonest, the BTC balance of these corporations keeps increasing because Coinbase is updating the numbers on the Excel file, while pocketing the $$
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Alvaro3d ago
To this, I just read today from Arkham that the Winklevoss have allegedly sold 92% of their bitcoin in the recent years, with a 130M sale just recently
0000 sats