💥 $BTC AT $65K – STRATEGY SITTING ON $8.8B UNREALIZED LOSS 🦈
📌 The largest corporate Bitcoin holder is now 13.9% underwater at an average cost of $75,476. That’s 843,775 BTC swimming red – roughly $8.8 billion in unrealized pain. 📊
💡 Institutional overhead like this acts as a massive resistance magnet on any rally. Every push toward $75K will be met with heavy selling pressure from those looking to break even. Meanwhile, spot bids at $65K are absorbing retail fear. 🛡️
Is this whale position the ceiling sellers need or will price dig for deeper liquidity before a snap-back? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #WhaleAlert #UnrealizedLoss #CryptoMarket
🐂 🔍
📌 The largest corporate Bitcoin holder is now 13.9% underwater at an average cost of $75,476. That’s 843,775 BTC swimming red – roughly $8.8 billion in unrealized pain. 📊
💡 Institutional overhead like this acts as a massive resistance magnet on any rally. Every push toward $75K will be met with heavy selling pressure from those looking to break even. Meanwhile, spot bids at $65K are absorbing retail fear. 🛡️
Is this whale position the ceiling sellers need or will price dig for deeper liquidity before a snap-back? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #WhaleAlert #UnrealizedLoss #CryptoMarket
🐂 🔍