Media headlines are screaming about the disaster: Michael Saylor (Strategy) has locked in around $12.5 billion in unrealized losses at $BTC , while Tom Lee's BitMine fund has 'trimmed' $10 billion due to a drop of $ETH .
In total — a staggering $22.5 billion in the red. Sounds like the end of the crypto winter, but this is classic context manipulation.
First off, the loss is unrealized ('paper').
Neither Strategy nor BitMine are dumping their assets on the market. Moreover, 87% of Tom Lee's ethers are staked and continue to generate passive income, partially offsetting the asset's decline.
Secondly, this is an institutional approach. Saylor has been buying bitcoins since 2020 at an average price of $75,700, using long-term debt capital.
The current dip isn’t a bug, but a feature of his strategy. Whales play a game over decades, where local price fluctuations are just noise.
These figures are being leaked to the press with one goal — to make retail players capitulate. When you're shown billionaire losses, you're being prepped to hand over your coins at the absolute bottom.
While the crowd succumbs to panic, subscribe to @MoonMan567 to stay in touch with reality and understand the logic of big money.
In total — a staggering $22.5 billion in the red. Sounds like the end of the crypto winter, but this is classic context manipulation.
First off, the loss is unrealized ('paper').
Neither Strategy nor BitMine are dumping their assets on the market. Moreover, 87% of Tom Lee's ethers are staked and continue to generate passive income, partially offsetting the asset's decline.
Secondly, this is an institutional approach. Saylor has been buying bitcoins since 2020 at an average price of $75,700, using long-term debt capital.
The current dip isn’t a bug, but a feature of his strategy. Whales play a game over decades, where local price fluctuations are just noise.
These figures are being leaked to the press with one goal — to make retail players capitulate. When you're shown billionaire losses, you're being prepped to hand over your coins at the absolute bottom.
While the crowd succumbs to panic, subscribe to @MoonMan567 to stay in touch with reality and understand the logic of big money.