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Something doesn’t add up (Reddit Bitcoin)

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For the past weeks news were all the time how financially powerful entities apparently amass bitcoin, in the range of many tens of thousands of coins, some owning even 100k BTC or more. However, the price doesn’t budge an inch. This just doesn’t add up. Are the news fake or are there other factors that could cause this? With these amounts of BTC and considering that BTC cannot be money-printed, the price should be a couple thousands if not ten thousand $ higher, no?
submitted by /u/redzorino [link] [comments]

For the past weeks news were all the time how financially powerful entities apparently amass bitcoin, in the range of many tens of thousands of coins, some owning even 100k BTC or more. However, the price doesn’t budge an inch. This just doesn’t add up. Are the news fake or are there other factors that could cause this? With these amounts of BTC and considering that BTC cannot be money-printed, the price should be a couple thousands if not ten thousand $ higher, no?

submitted by /u/redzorino
[link] [comments],

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