Bitcoin is down 21% on the year. Fear and Greed Index at 41. Retail is panic selling every bounce.
Meanwhile: - Strategy just bought $168M more BTC (now holds 717,131 coins) - BitMine dropped $90M on ETH in one week (owns 3.62% of ALL ethereum) - An Italian bank with $900B in assets disclosed $100M in BTC ETF holdings They're all underwater on paper. Strategy has $5.7B in unrealized losses. BitMine has $8B. And they're still buying aggressively. When the biggest money in the room is loading up while everyone else runs for the exit, pay attention.
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Bitcoin is down 21% on the year. Fear and Greed Index at 41. Retail is panic selling every bounce.
Meanwhile:
- Strategy just bought $168M more BTC (now holds 717,131 coins)
- BitMine dropped $90M on ETH in one week (owns 3.62% of ALL ethereum)
- An Italian bank with $900B in assets disclosed $100M in BTC ETF holdings
They're all underwater on paper. Strategy has $5.7B in unrealized losses. BitMine has $8B. And they're still buying aggressively.
When the biggest money in the room is loading up while everyone else runs for the exit, pay attention.