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#638 Bitcoin New ATH By September?! w/ Will Clemente

The Pomp Podcast

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The Market Cap to Thermo Cap Ratio

This is looking at the 30 day change between minor balances 30 days ago, on the twentieth of ju versus, august twentieth. And so when we look at their actual net position change, this has been positive. So pretty much since the beginning of july, once they went from selling a bunch of bid coin to now holding it, accumulating it, that's actually accelerated as well. Another metric that you included this week, which i don't think i actlly understand, is market cap to thermo cap ratio. This was crated by a nick carter, just looking at the market cap of big coin in comparison to like, the total revenue that miners have ever brought in.

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