Recently, Bitcoin has been fluctuating at this position. Just now, Michael Saylor once again released Bitcoin Tracker information, hinting at a further increase in BTC holdings. Just like the last bull market with Grayscale, it's just a different doge version, and it's only a matter of time before the market is harvested.
#BTC I checked the information, currently, Michael Saylor holds 568,840 Bitcoins, with a cost price of 69,287, and a current value of 59.1 billion USD, showing a profit of about 20 billion USD based on the data. I believe the current market cannot absorb this much Bitcoin. If Michael Saylor starts selling Bitcoin now, he will definitely incur losses, as almost all the funds they raised are from stocks and bonds. It reminds me of the last bull market's Luna, which was like stepping on both feet and then unable to step up, resulting in a terrible end. In any case, the losses are all from retail investors, with the doge version transferring coins from retail investors to crash the market while using their own funds to buy at the bottom, then selling their coins to institutions when the bull market comes.
I have completely liquidated my holdings. I have been observing the recent Shitcoin, and a few days ago, many KOLs were shouting about 69,563,149,175, which has now stabilized. Those who chased the high have basically been liquidated or are lying flat. I decisively put in my only few hundred USDT to buy a dream when the market cap was ten million. I want to ask those who chased the high a few days ago, how are you? Remember, this market does not lack opportunities; it is better to miss out than to chase the highs.