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BTC $61,591.52 +1.99%
ETH $1,591.57 +2.68%
BNB $580.51 +1.64%
XRP $1.12 +3.97%
SOL $63.60 +2.92%
TRX $0.3237 +1.16%
DOGE $0.0833 +3.96%
ADA $0.1613 +5.15%
BCH $221.27 +5.24%
LINK $7.56 +5.51%
HYPE $57.71 -0.94%
AAVE $62.12 +4.67%
SUI $0.7499 +8.74%
XLM $0.2106 +10.38%
ZEC $378.48 +5.71%

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

2026-06-07 08:31:01
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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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