Founders: BTC/ETH Must Read

Retail Holders are Selling, Institutions are Buying

If you are a Bitcoin or Ethereum person, this is must read… We broke out the sections that caught our own eyes and added commentary. Full analysis at bottom.

Sections:

1. BIG BOYS ARE BUYING ONCHAIN, EVERYONE ELSE SELLING

2. BTC/ETH KEY ONCHAIN OBSERVATIONS- BULLISH

3. BTC MINER ECONOMICS - BULLISH

4. HASH RATES LEAD PRICE

5. OUR COMMENT: FUTURES ARE ALSO PICKING UP BIG- NOT BULLISH

6. OUR COMMENT: Post ETF Launch expect 3 competing behaviors

7. FWIW- What we think, current positioning.

8. OPINION GOING FORWARD