BTC $62,861.80 -1.32%
ETH $1,874.87 -0.69%
BNB $607.52 -0.98%
XRP $1.00 -0.60%
SOL $75.78 -0.48%
TRX $0.3332 -0.68%
DOGE $0.0698 -0.80%
ADA $0.1822 -2.19%
BCH $205.52 -4.66%
LINK $8.77 +0.37%
HYPE $56.66 -0.70%
AAVE $87.28 -2.01%
SUI $0.6798 -1.23%
XLM $0.1587 -1.50%
ZEC $488.15 -1.67%
BTC $62,861.80 -1.32%
ETH $1,874.87 -0.69%
BNB $607.52 -0.98%
XRP $1.00 -0.60%
SOL $75.78 -0.48%
TRX $0.3332 -0.68%
DOGE $0.0698 -0.80%
ADA $0.1822 -2.19%
BCH $205.52 -4.66%
LINK $8.77 +0.37%
HYPE $56.66 -0.70%
AAVE $87.28 -2.01%
SUI $0.6798 -1.23%
XLM $0.1587 -1.50%
ZEC $488.15 -1.67%

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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