X @Bankless
Bankless·2025-10-21 20:00
Last cycle:Long-term holders realized $500 billion in profit.This cycle:They’ve already cashed out $900 billion.If we’re already this late in the cycle, can we really go into another phase?Who’s the buyer now?w/ Michael Nadeau ( @JustDeauIt ) from @the_defi_report https://t.co/qwtDcxsdM6 ...