Bitcoin’s $13.5B Overhang
viewemail.nydig.com/bitcoins-13.5b-overhang
What Jamie wrote
This "Wall of Worry" is interesting — governments hold 389.197 Bitcoin they have seized from bankruptcies and criminals. They do plan on selling these coins, and many of those sales are slated to happen in the coming year. Meanwhile, in the last year Bitcoin is up 100% and renewed rumors of a Bitcoin ETF are continuing to push the price. Does a $13B overhang mean much to Bitcoin? That is anybody's guess.