๐Ÿšจ CryptoQuant Warns: Market Pressure Hits Crypto Firms Hard! ๐Ÿ“‰๐Ÿ’ฅ

$BTC /USDT Perp: 102,714.4 (+1.38%)

BTC
BTC
79,807.98
+0.05%

The crypto market is feeling the heat as institutional investors and major firms face heavy unrealized losses amid rising volatility.

$XRP

XRP
XRP
1.4445
+1.09%

๐Ÿ” Key Highlights:

1๏ธโƒฃ Bitcoin under pressure โ€” fund managers holding BTC and major altcoins are struggling to stay above water.

2๏ธโƒฃ Evernorth faces $78M unrealized loss on its $XRP position within just 2.5 weeks.

3๏ธโƒฃ MicroStrategy (MSTR) shares plunge 53%, reflecting market weakness.

4๏ธโƒฃ Metaplanet reports a $120M loss, with its stock down 80% from peak.

5๏ธโƒฃ Bitmine suffers a $2.1B unrealized loss, adding to the institutional pain.

๐Ÿ“Š Reports confirm that market volatility is putting massive pressure on crypto-focused companies and fund managers alike.

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#BTC #Xrp๐Ÿ”ฅ๐Ÿ”ฅ #news