krypton_bit

🚨 Michael Saylor just sold BTC for the first time in a while.

Company Strategy offloaded 32 BTC for about $2.5 million at an average price of ~$77,135 per coin.

At first glance, the amount seems small, but the market took notice:

❗️ This is the first BTC sale by the company since December 2022.

Back then, Strategy sold 704 BTC for tax optimization, only to buy back 810 BTC two days later.

Currently, the company’s balance holds 843,706 BTC valued at over $60 billion, so it's too early to talk about a strategy shift.

Debate has sparked in the crypto community:

▪️ Some see this as regular balance management and a dividend payout for preferred shares.

▪️ Others wonder: if the mantra for years has been 'Never Sell Bitcoin', why are they selling BTC now?

▪️ Some market participants speculate that this might have been a test to gauge investor reaction to the sale.

Interesting note: when Strategy buys Bitcoin, Michael Saylor usually comments actively on social media. This time, the market learned about the sale only from official reports.

📌 For now, 32 $BTC is just a drop in the ocean compared to the company's reserves. But the fact that one of the most well-known Bitcoin maximalists sold is noteworthy.

#StrategyFirstBitcoinSale

🚨 One of the top ETH maxis has dumped all their Ethereum.

David Hoffman — co-founder of Bankless and a long-time Ethereum advocate — stated that he no longer believes in ETH as the main asset of the ecosystem.

Key takeaway:
➡️ Ethereum can win as a network,
but that doesn't guarantee ETH's price will pump.

Why:
▪️ value is increasingly being siphoned off by L2s, DeFi, stablecoins, and applications
▪️ ETH has ceased to be the “internet money”
▪️ the rise of stablecoins strengthens the dollar, not ETH
▪️ fees and activity are migrating from L1 to other layers

Hoffman noted separately:
📌 Ethereum remains a strong ecosystem
📌 but the monetary narrative of ETH is gradually fading

Essentially, the market is increasingly facing the question:

⚠️ can the network grow faster than its token?

And this is already one of the critical questions for ETH in the current cycle.

This is not financial advice.

$ETH #Ethereum