BTC $62,994.77 +0.05%
ETH $1,880.37 -0.06%
BNB $606.83 -0.05%
XRP $1.00 +0.28%
SOL $75.34 +0.03%
TRX $0.3309 -0.31%
DOGE $0.0696 -0.54%
ADA $0.1768 -1.68%
BCH $203.31 -0.74%
LINK $9.44 +4.45%
HYPE $56.74 +0.67%
AAVE $86.17 -0.29%
SUI $0.6765 -0.94%
XLM $0.1576 -0.20%
ZEC $486.82 -1.36%
BTC $62,994.77 +0.05%
ETH $1,880.37 -0.06%
BNB $606.83 -0.05%
XRP $1.00 +0.28%
SOL $75.34 +0.03%
TRX $0.3309 -0.31%
DOGE $0.0696 -0.54%
ADA $0.1768 -1.68%
BCH $203.31 -0.74%
LINK $9.44 +4.45%
HYPE $56.74 +0.67%
AAVE $86.17 -0.29%
SUI $0.6765 -0.94%
XLM $0.1576 -0.20%
ZEC $486.82 -1.36%

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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