This is a perfect example of why, just because you see some whales, funds, or a billionaire buying and accumulating Bitcoin or another coin, it doesn’t mean they’re the smartest people in the room or that they know the future. No! There are real insiders — usually people close to the U.S. president, someone from the token’s team, or market makers. And then there are simply wealthy people who buy and end up taking losses just like ordinary retail traders.

KULR Technology sold 764 Bitcoin for $58 million, effectively ending its Bitcoin treasury strategy.

• Its holdings peaked at 1,092 BTC in June 2026.

• Total investment losses reached $30 million. $BTC Open trade now 👍