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Published 27 May 2026, 15:11 UTC · fetched 6 Nov 2026, 14:19 UTC
Rand Group
@randgroup
In reply to · 27 May 2026, 13:42 UTC · context given to the AI
What people miss is WHY the ratio is this low. long-term holders absorbed 212k bitcoin:native in Feb 2026 alone, ETFs keep locking coins into custody, Strategy sitting on 720k BTC. the float is genuinely disappearing. last time supply got this tight relative to realized cap, we got a 3x in under 6 months.@adamcryptohayes @FrankAFetter Every time this indicator hit very low liquidity the chart told you exactly what came next. July 2020. September 2023. The pattern isn't subtle.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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