Explaining What Happened to Bitcoin When Elon Tweeted I Will Clemente I Pomp Podcast #556
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This is an episode of The Pomp Podcast with host Anthony “Pomp” Pompliano and guest, Will Clemente, a Finance Major at East Carolina University. He has quickly become one of my favorite writers on all things bitcoin, including deep dives on various On-chain analytics.
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In this conversation, we discuss Elon’s tweet, Bitcoin’s on-chain metrics, miner accumulation, NVT, whale purchases, and whether the bull market is still in tact.
Pomp writes a daily letter to over 140,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language while sharing opinions on various aspects of each industry. You can subscribe at /
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0:00 – BlockFi
0:33 – Intro
0:49 – Elon Musk
03:04 – Bitcoin Moving Onto Exchanges
03:59 – 650 Million Dollars of Tether Printed
07:13 – Funding Rates
10:58 – BTC Wallet Size Comparisons
14:20 – Miner Accumulation
15:30 – Long Term Holders
18:06 – On-Chain Volume
20:57 – Where To Find Will Online