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BTC made new lows - and Trump finally revealed how much he made from crypto.
As expected, we did not have to wait long.
Tonight, $BTC swept new lows for the year, but only briefly - after that, price returned back into our range.
The Strategy selling FUD may also still have room to play out. The company filed with the SEC for permission to sell up to $1.25B worth of BTC. For comparison, their first sale was only 32 BTC.
And yesterday, Trump finally revealed how much he made from crypto.
Spoiler: $1.43B.
The numbers look like this:
• memecoin profits - $636M
• World Liberty Financial - $594M
• sale of stake in Stablecoin Holdco - $197M
Just for comparison, his non-crypto-related income was under $100M.
So maybe this is the answer to where all the liquidity went.
It ended up in the pockets of the same “crypto king” everyone was waiting for, hoping he would come and inject money into the market.
Instead, it looks like he came to pump his own bags and ruin the party for everyone else.