Murphy
Murphy|May 13, 2026 08:36
Conviction Buyers (CB) have created the lowest level of consensus demand for BTC in the market. In every bear market in the past, they have played the role of "saviors". Their consistent style is to buy more as the price falls, and when the price drops to the bottom, their holdings reach their peak. That's why I bought a bear bottom. February 2019: BTC: $3400; CB peak position: 439.9w BTC; December 2022: BTC: $16000; CB peak position: 346.4w BTC; However, at BTC $68000 in March 2026, the peak CB holdings reached 388.2w BTC! Even exceeding the previous cycle. Although the current price of BTC is not low at all, they still performed well enough in this cycle. Are you still unsatisfied? Anyway, I think it's very awesome. As the price gradually rises, their holdings should gradually decrease until the peak of the bull market. Who did you distribute the chips to? Of course, it's a new buyer who will take over later.
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