DWF Labs Co-Founder Says Strategy and BitMine Holdings Could Trigger Crypto Market Crash

BTC2.63%
ETH5.97%
According to ChainCatcher, DWF Labs co-founder Andrei Grachev stated on X that Strategy and BitMine have a significant potential to trigger the largest market crash in cryptocurrency history. Strategy, led by Michael Saylor, currently holds 843,706 BTC with an average price of $75,699, carrying unrealized losses of approximately $12.27 billion. BitMine, the Ethereum treasury company backed by Tom Lee, holds 5,416,901 ETH at an average price of $3,500, with unrealized losses of around $10.35 billion.
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