BTC Drops to $10,000? DWF Ventures Founder Warns Strategy and BitMine Could Trigger Biggest Crash in Crypto History

BlockBeats News, June 7th, DWF Labs co-founder Andrei Grachev stated that BitMine and Strategy have a significant opportunity to trigger the largest market crash in cryptocurrency history. I'm crossing my fingers and hoping this won't happen, but if it does, users should consider what strategy to adopt if Bitcoin collapses to $10,000 to $20,000.

With the recent continuous pullback in the crypto market, Michael Saylor's-led Strategy holds 843,706 BTC at an average price of $75,699, with a paper loss of approximately $12.27 billion. The Ethereum treasury company supported by Tom Lee, BitMine, currently holds 5,416,901 ETH at an average price of $3,500, with a paper loss of around $10.35 billion.