Supply side doesn't matter much until there is a lack of demand.
Then it's all that matters.
BTC has $15B in miner issuance per year (inflationary sell pressure).
Saylor is buying at a rate of $2B/yr.
Tether is buying at a rate of $1B/yr.
Two biggest buyers are only able to offset 20% of supply.
Add in the old whales dumping...
SOL has 15%/yr inflation.
Meanwhile XNO has 0% inflation.
No wonder it's pumping vs BTC.
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