The recent FUD has one and only one goal: To scare HODLers and make them let go of their bitcoins because there is simply NOT enough BTC on the exchanges for institutions to sweep up.
https://www.coinglass.com/Balance
There are only 1.88 million BTC on all exchanges combined. At 42k that's just 80 billion, one-tenth of BTC's total marketcap. When the spot ETFs get approved, that's all the BTC there is that the wolves are going to fight over. Institutions will keep spreading FUD saying BTC will fall to 15k or 10k, so to scare HODLers to let go, and once they do, the institutions can suck up all that liquidity. Then individual HODLers and institutional buyers would have swapped places. Individuals would then find it harder and harder to buy back the BTC they once HODLed....
Diamond hands, folks. Diamond hands. ????✋
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