3 ms·
> I think you're mistaken. $4B per annum is unlikely to move the markets much. It sure will if you try to sell it. Holding it certainly isn't the issue.
by IncRnd 9y ago
> I think you're mistaken. $4B per annum is unlikely to move the markets much.
It sure will if you try to sell it. Holding it certainly isn't the issue.
- wyldfire 9y agoThe daily volume at the beginning of 2017 was $200M USD. The daily volume at the end was $8T USD. $4B over 365 market days is somewhere between 1-4% of the daily market. If liquidating their bitcoin tanked the market in 2017, it wasn't too noticable.
- tlrobinson 9y agoI don’t think you can extrapolate liquidity from volume, especially when there are exchanges with very low or zero fees.