Theres more to this compared to ETF surpassing Satoshi, as commonly seen theyll continue accumulating regardless and still we dont know the correct motive why they decide to go that high holding bitcoin either for gains or creating a history. It might be true theyre trying to surpass Satoshi, if this ever happens I dont think bitcoin will ever be affect in any kind of way either price related or adoption rate. Its so clear what determines the growth of the market includes the supply besides theyll definitely sell out some day, I see no disadvantage if they hold more because theyre looking for profit including everyone holding bitcoin meanwhile the market might face alittle low supply if this continue further.
When you look at the numbers you will feel like maybe they have another motive to have such an accumulation or just holdings for business, sometimes this people can just be unpredictable, and this is one of the reasons why I think op made such post because is just an observation. And it is not really a bad idea. And 1 million bitcoins in the possession of bitcoin, and we thought the initiation of the ETF was suppose to bring bitcoin to bull run and the price improved but no much difference from the the days.
No matter how they try to surpass satoshi they can not replace the name is not even as if satoshi is even making use of the token in the wallet, exactly what do they want to archive, worrrying their self about someone that they don't even know so that the difference. And if they want to sell that amount of bitcoin that they have accumulated, then their is going to be a big problem in the market.
I hope they know the implications of what they are doing, if they actually want to sell, except they will sell gradually but if gradually will shake the market.
