BTC $63,008.26 +0.04%
ETH $1,881.10 +0.04%
BNB $607.16 +0.01%
XRP $1.00 +0.31%
SOL $75.27 -0.06%
TRX $0.3309 -0.43%
DOGE $0.0695 -0.74%
ADA $0.1761 -2.12%
BCH $203.48 -0.59%
LINK $9.46 +5.37%
HYPE $56.89 +0.76%
AAVE $86.09 -0.36%
SUI $0.6763 -0.81%
XLM $0.1578 -0.10%
ZEC $487.45 -1.18%
BTC $63,008.26 +0.04%
ETH $1,881.10 +0.04%
BNB $607.16 +0.01%
XRP $1.00 +0.31%
SOL $75.27 -0.06%
TRX $0.3309 -0.43%
DOGE $0.0695 -0.74%
ADA $0.1761 -2.12%
BCH $203.48 -0.59%
LINK $9.46 +5.37%
HYPE $56.89 +0.76%
AAVE $86.09 -0.36%
SUI $0.6763 -0.81%
XLM $0.1578 -0.10%
ZEC $487.45 -1.18%

DWF Alliance: Strategy and BitMine or the largest collapse in cryptocurrency history

2026-06-07 08:31:01

DWF Labs co-founder Andrei Grachev stated on the X platform that BitMine and Strategy have a significant chance of causing the largest market crash in cryptocurrency history. I cross my fingers and pray this doesn't happen, but if it does, users should consider what strategies to adopt if Bitcoin crashes to $10,000 to $20,000.

As the crypto market has continued to pull back recently, Strategy, led by Michael Saylor, holds 843,706 BTC at an average price of $75,699, with an unrealized loss of approximately $12.27 billion. The Ethereum treasury company BitMine, supported by Tom Lee, currently holds 5,416,901 ETH at an average price of $3,500, with an unrealized loss of approximately $10.35 billion.

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