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spotonchain

🔥 #Bitcoin just broke above $120,000 — rewarding the patient and punishing the hasty.

🇩🇪 The #German government sold all 49,858 $BTC (~$2.87B) between Jun 19 and Jul 12 at an average price of $57.6K. Those coins are now worth $5.98B — missing out on $3.11B in potential gains.

🇸🇻 Meanwhile, #ElSalvador was an early buyer and has steadily accumulated 1 $BTC/day since Bitcoin hit a 4-year low of $16.7K in Nov 2022. They now hold 6,237 $BTC (~$748M) with $450M+ in unrealized profit.

Builders win. Bolters bleed!

Follow @spotonchain for more insights.

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