The previously much-discussed 80,000 $btc large sell orders have finally been consumed during this period with the help of exchanges, Galaxy over-the-counter stations, and various micro-strategies!
For example, the leading micro-strategy company mstr initially planned to raise $500 million but increased it to $2.8 billion, and to finance this, they issued a perpetual high-interest bond with an annualized rate of 9%;
Quite a few people are really into this: a simple algorithm, as long as btc can last for another ten years, and this company goes bankrupt, the investors will make a profit without loss!
So can large bitcoin last for ten years? The answer is undoubtedly yes!
Can mstr not go bankrupt in ten years? It’s hard to say, but there are quite a few buyers for the leading micro-strategy!
Micro-strategy has become a fixed routine: raise funds and hold coins -- then list on the US stock market -- sell stocks, which is essentially using one chicken to lay eggs and then selling the eggs for money! However, given that the market has only corrected by 6.9% after successfully consuming the giant sell orders of $9 billion, the off-market funds brought in by micro-strategy are still quite good;
Coincidentally, recently, 600,000 $ETH have queued up for unlocking (with a daily limit of 50,000, taking 12 days), and there are 300,000 coins queued up for re-staking, resulting in a potential selling pressure of 300,000 coins, nearly $1.1 billion;
Similarly, Ethereum micro-strategies like bmnr and robinhood are also utilizing various discounts and promotions to attract financing and $ETH staking. In other words, as long as they can attract funds, the bull market can continue!
Therefore, large bitcoin currently has no further downside risk, and the issues with Ethereum's staking unlock are also not significant. Amid the fluctuations, I have added another two layers of positions!
