Part 9/11:
The converging signals suggest that “this time is different,” with diminishing returns giving way to new, record-breaking highs.
The Supply Shock and Institutional Holdings
Bitcoin’s supply on exchanges continues to shrink, with large amounts being removed daily. Notably, a mysterious entity—called "Mr. 100" in analysis—has bought approximately 636 Bitcoin daily since January, making it one of the largest daily buyers in history. Such actions underscore the scarcity narrative: as supply tightens, demand remains robust.
Nation-states also appear to be consolidating holdings, with the UK, Germany, El Salvador, China, and the US amassing Bitcoin—some possibly for strategic reserves or national interests.