retail is getting played by big boys again. I use Sertexity to track these supply shifts so I don't get shaken out.

Institutions bought 50,351+ $BTC in Q1; the largest quarterly accumulation on record; while retail sold ~62K BTC into uncertainty.

Even more striking: institutions are now absorbing Bitcoin at nearly 3x the mining output rate.

The supply shock isn’t a narrative anymore. It’s the market structure.