I took the short while the crowd was still looking for higher prices.
$ETH dropped hard, and the move delivered a massive 4,461% return. This is what happens when you follow the chart, stay patient, and trust your analysis.
The trend is your best friend until it ends. Those who stayed disciplined secured the rewards. 📉🔥
A large entity sold $1.26 BILLION in $IBIT on May 26th, paying $29.5 million in execution costs just to get out fast.
This wasn’t a normal exit. Someone was in a hurry, and it looks like they knew something.
Since that sale:
- Saylor revealed Strategy’s $BTC sale (likely executed around May 26th) - Iran paused peace talks with the US - A quantum analyst put 50% odds on quantum computers breaking Bitcoin encryption by 2030 - Iran launched fresh attacks on US bases - Bitcoin dropped 16% to a 2-month low