ALERT: SATOSHI ERA WHALE JUST SOLD ALL HIS BITCOIN...
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MicroStrategy is down 4.7% today. MSTZ, the inverse ETF, is leveraged—not recommended for beginners, especially not carrying overnight. Speaker has a position in MSTZ, up over $8,000, targeting closer to $20,000 if trade plan works. Shared idea with LPP team. My trade is not your trade.
Overall market sentiment for Bitcoin and crypto is very negative with big red flags. Two biggest bulls getting destroyed: Tom Lee down $6.6 billion on Ethereum position, on track to become fifth largest documented principal trading loss in history if sold. Michael Saylor moving some Bitcoin into Fidelity—speaker believes it's for insurance-based brokerages, not selling. Satoshi Era Whale sold all Bitcoin after 15 years of holding: dumped 11,000 BTC worth over $850 million. Ethereum creator warns crypto could lose purpose if speculation dominates: >My greatest fear is that if crypto becomes just speculation with no real application... the industry will die. Must build real value, true DAOs, dApps, open DeFi.
Speaker never believed in crypto, always saw it as speculative trading asset. Ethereum creator acknowledging speculation has overwhelmed the market. Huge upswings exciting, but 50-80% downturns in bear markets deter investors forever. Can't want the good without tolerating the bad.
Bitcoin setup looks incredibly bearish, $2,500 away from Michael Saylor's average price of ~$76,000. MicroStrategy reports earnings Thursday after market open—normally no one cares as business loses money (over $500 million). Previously reported unrealized gains; now must report unrealized losses for Q4 2025. Revenue $474 million, net income $7.9 billion from unrealized gains—will update to big loss on Thursday. Could send MicroStrategy below $100/share.
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