James Wynn (the very same whale-ludic) accepted defeat ☔️
He withdrew all remaining 708K to #USDC from #KuCoin . There is only $6K left on-chain.
I closed the position.
Defeat accepted.
Market makers 1 – 0 Wynn.
He also stated:
For me, the $100k level is a strong psychological support for $BTC. Of course, in the case of a 'black swan,' a breakdown to 98–99k is possible.
But, most likely, we will not see a price below $100k again. The main reason is — I believe that the entire dynamics of Bitcoin changed from the moment institutions and governments began to buy it up for billions.
I agree with him, more and more companies and governments are accumulating #BTC on their balance sheets and the trend is just gaining momentum. From 100k to 1 million — Bitcoin has only just begun this journey.