BTW at $2—would you dare catch it?
It plunged from $2.75 to $2, crashing 27% in 24 hours, while everyone in the group chat was yelling “buy the dip.” But did you know? 78% of the tokens are in one wallet. You’re not buying the bottom—you’re becoming someone else’s ATM.
First: This surge wasn’t driven by a product taking off. It was built on a pile of short sellers getting liquidated.
What really sent the price up was a short squeeze.
As the price surged, millions of dollars’ worth of short positions were liquidated. The more shorts got liquidated, the higher the price went; the higher the price went, the more shorts got liquidated. The fireworks look beautiful, but when they’re over, all that’s left is ash.
Second: The real risk isn’t the drop—it’s how concentrated the token holdings are.
Reports say one wallet holds about 78%, while the top 33 addresses hold nearly 99.7%.
Every BTW you buy provides liquidity to a handful of addresses. They can dump at any time, and you could be left catching a falling knife.
There’s also an unlock of around 1% of the total supply—about 101.6 million tokens—around November 2. At $2, that’s roughly $200 million in potential selling pressure.
Third: The fundamentals have a story, but the price has already priced in too much of it.
Bitway’s story is BTCFi: Bitway Earn, Bitway Ledger, and Bitway Lending.
It raised $5.44 million in a seed round and has received exposure tied to TRON DAO, HTX Ventures, and the YZi Labs/Binance ecosystem.
But TVL has recently fluctuated around $40 million, compared with an all-time high of $70–80 million.
Its market cap is about $3 billion, with an FDV of over $20 billion.
The circulating supply is extremely low, with linear monthly unlocks. Team and investor tokens won’t begin unlocking in a major way until 2027.
Trading strategy:
Short term:
If it stabilizes around $2 and forms a high-volume bullish candle or a higher low, you could try a small long position. Targets: $2.20–$2.40. Keep a strict stop-loss below $1.95.
If it breaks below $1.96 decisively and fails to recover quickly, watch for $1.75 or lower.
Medium term:
Unless TVL, real users, and revenue show sustained, significant growth, don’t hold it as a “value coin” no matter what.
The November unlock is a clear event-risk window. A rebound is an exit window, not a reason to add to your position.
BTW rose from $0.009 to $2.75—a 300x gain.
Do you think you can catch the next leg up?
But what you may have missed is this: 78% of the tokens are in someone else’s hands, and a $200 million unlock is waiting in November.
It plunged from $2.75 to $2, crashing 27% in 24 hours, while everyone in the group chat was yelling “buy the dip.” But did you know? 78% of the tokens are in one wallet. You’re not buying the bottom—you’re becoming someone else’s ATM.
First: This surge wasn’t driven by a product taking off. It was built on a pile of short sellers getting liquidated.
What really sent the price up was a short squeeze.
As the price surged, millions of dollars’ worth of short positions were liquidated. The more shorts got liquidated, the higher the price went; the higher the price went, the more shorts got liquidated. The fireworks look beautiful, but when they’re over, all that’s left is ash.
Second: The real risk isn’t the drop—it’s how concentrated the token holdings are.
Reports say one wallet holds about 78%, while the top 33 addresses hold nearly 99.7%.
Every BTW you buy provides liquidity to a handful of addresses. They can dump at any time, and you could be left catching a falling knife.
There’s also an unlock of around 1% of the total supply—about 101.6 million tokens—around November 2. At $2, that’s roughly $200 million in potential selling pressure.
Third: The fundamentals have a story, but the price has already priced in too much of it.
Bitway’s story is BTCFi: Bitway Earn, Bitway Ledger, and Bitway Lending.
It raised $5.44 million in a seed round and has received exposure tied to TRON DAO, HTX Ventures, and the YZi Labs/Binance ecosystem.
But TVL has recently fluctuated around $40 million, compared with an all-time high of $70–80 million.
Its market cap is about $3 billion, with an FDV of over $20 billion.
The circulating supply is extremely low, with linear monthly unlocks. Team and investor tokens won’t begin unlocking in a major way until 2027.
Trading strategy:
Short term:
If it stabilizes around $2 and forms a high-volume bullish candle or a higher low, you could try a small long position. Targets: $2.20–$2.40. Keep a strict stop-loss below $1.95.
If it breaks below $1.96 decisively and fails to recover quickly, watch for $1.75 or lower.
Medium term:
Unless TVL, real users, and revenue show sustained, significant growth, don’t hold it as a “value coin” no matter what.
The November unlock is a clear event-risk window. A rebound is an exit window, not a reason to add to your position.
BTW rose from $0.009 to $2.75—a 300x gain.
Do you think you can catch the next leg up?
But what you may have missed is this: 78% of the tokens are in someone else’s hands, and a $200 million unlock is waiting in November.