Bitcoin could be in the middle of an unofficial initial coin offering (ICO) as OG coin holders rotate out and fresh blood scoops up the tokens, distributing the supply across a broader number of people, macro analyst and Wall Street old hand Jordi Visser says.
In a Saturday data-ct-non-breakable=”null” href=”https://x.com/APompliano/status/1984619004745449702″ rel=”noopener nofollow” target=”_blank”>episode of entrepreneur Anthony Pompliano’s podcast and a post on Substack, Visser data-ct-non-breakable=”null” href=”https://x.com/jvisserlabs/status/1984578105713770823″ rel=”noopener nofollow” target=”_blank”>said old coins that data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/satoshi-era-bitcoin-whale-moves-btc-after-14-years”>have been dormant for years are on the move, “Not all at once. Not in panic. But steadily,” and new investors are stepping in, “accumulating on dips.”
“In the…
