Saylor Just Did the Unthinkable… Bitcoin Holders Are Stunned

本站添加: 2026-06-02

[00:00:05]Welcome back to Cryptos are Us. I'm George.

[00:00:10]We're all George.

[00:00:12]Welcome to another market open stream.

[00:00:15]Unfortunately, we are starting out the starting out day with red. A lot of red for Bitcoin and crypto. And that's because we had Sailor do the unthinkable. So, let's talk about what's going on in the space. What's causing Bitcoin to go down further today? Are there more risks? And what does it mean overall with what Sailor just did? All right, let's do it, guys. Let's do it. Welcome, welcome, welcome. Unfortunately, we are starting out a day a little bit below $72,000.

[00:00:55]You can see 718 and obviously uh lower than this weekend when we were still hovering around 7374,000. So we went down a couple thousand dollars.

[00:01:07]Okay. Uh obviously there's a couple things affecting things right now but uh even the US market okay opening up in the opening in the red slightly affected but you know AI is still very very hot. A lot of the AI stocks are doing very well. So I'll look at that in a little bit and I do think that has something to do with our current weakness right now.

[00:01:38]Um as for the Middle East, still more strikes, more fighting. Uh both sides while negotiating is still uh conducting strikes on on each other.

[00:02:00]The US military has conducted strikes on Iranian targets and Iran is saying that they're they're you know they're they're doing self-defense.

[00:02:10]It's it's kind of weird that this is happening right while both sides are negotiating ceasefire. They're still doing strikes on each other. And you know it obviously this is not helping the situation, right? This is still causing a lot of confusion, causing a lot of people to wonder if this is ever going to end. And obviously, this is not helping uh oil prices, inflation, all that good stuff that we worry about. And is still definitely putting a lot of pressure on what we're seeing in crypto right now.

[00:02:52]So yeah, this continues on even though a couple weeks ago it seemed like it was going to end soon and that would have gave the catalyst or the markets a catalyst to go higher but still it's pending. It's pending. Now what else what else happened? Well, this certainly does not help this.

[00:03:25]So, last week, you know, it turned out, I think it was look in chain or look on chain, I forgot uh the name exactly, but uh they reported that a certain amount of Bitcoin was being sent to Coinbase, right? And at the time, I and others, we didn't know what to make of it.

[00:03:48]Seemed like it could have been just a transfer into their custody. But no, it turns out that yeah, Strategy did sell.

[00:03:59]They sold 32 Bitcoin for $2.5 million.

[00:04:03]First time since 2022. And that's been a long, long time. And and in 2022, I believe it was just a small sale also.

[00:04:14]So just look at that picture.

[00:04:18]So this has a lot of people scared.

[00:04:22]Okay, this actually when this came out contributed to Bitcoin falling more than $1,000 almost immediately and people are wondering why this happens. Now a lot of people are downplaying it saying it doesn't matter.

[00:04:38]Look at how much he's bought, right?

[00:04:40]Just in the last month alone, he's bought billions upon billions of billions, right?

[00:04:47]So, most people are saying this is not a big deal. Who cares? Right? But from a guy that have told people to never ever ever sell their Bitcoin, well, this is kind of a strange move, right? So, I I asked Clash why Micro Strategy needed to sell.

[00:05:13]Okay, there was no specific reason that came out, but this makes the most logical sense because in May, and I covered this last week, that um they bought back like a whole bunch of debt, 1.38 billion to be exact. Okay, this limits the liabilities of of the future for them because they have to pay out a lot of dividend right in the future. So rather than buy Bitcoin last week, they decided to use whatever money they raised to buy debt back. And most logical thing is this 32 Bitcoin helped do that. Okay. I don't know. It could be something else, but I I was digging. It doesn't really say Sailor himself didn't say anything. So that's the thing.

[00:06:08]Um Sailor the last thing he posted was this. He didn't post anything about buying this week. Also he said that stretches dividend rate maintained at 11.5% for June 2026. So still obviously uh the high dividend percentage is what's keeping this going. It's it's what's attracting investors and funds and uh the more that they can sell the more that they can raise for future buying and and I guess future debt buying too. So um so that that's that's what came out this morning too, right?

[00:06:46]Obviously besides Middle East stuff which has been ongoing for a while, this this this has a lot of people spooked.

[00:06:56]Okay. And I've always said I've always said that sailor sailor selling would be more disastrous than Satoshi selling. Right? This is a small amount. And it could be it could be that he just did it just to test the waters.

[00:07:18]Right? Just to see how the market would react.

[00:07:22]uh because his influence is so vast at this point being known as the guy who kind of like carried Bitcoin through the dark times by endlessly buying, right?

[00:07:37]Um and the guy who has started this revolution among institutions and and public companies and private companies, right?

[00:07:48]If he starts selling consistently, that's going to send a message that he has not been sending for years now, right? So, I guess we'll just have to see. And maybe he will answer. He will tweet. I'm sure he's probably going to.

[00:08:05]And if it's a good reason, then it's great, right? Maybe just test the waters or maybe he needed to sell for tax reasons or something like that. Um, so I guess I guess we'll wait and see.

[00:08:21]So yeah, that that came out not good.

[00:08:24]Uh, also what's affecting things right now is well, we do have a large amount of liquidity flowing and I mentioned this in my video yesterday.

[00:08:37]Uh there was some whale that decided to sell off his 1.3 billion in IBIT, okay, Bitcoin ETF. Obviously, this whale was some large institution. No investor would just unload 1.3 billion, okay? And last week was one of the biggest withdrawal weeks ever. 1.67 billion.

[00:09:06]And on top of that, if you look at say like treasury uh no liquidity and you look at just stable coins exit, not just ETF exits, it was quite a lot too.

[00:09:20]Almost three billion that left the market right now. Why did this happen? Well, this is what I equated to yesterday, too. Uh, a lot of money is being like thrown in right now into AI there. There's no doubt about it. Anyone that has been paying attention have noticed how how much AI companies have gone up.

[00:09:51]Okay, it's because everyone thinks the AI revolution will be much much bigger than the dot boom. And overall that's the direction everyone is going in is AI, right? So it makes a lot of sense that a money that money that is in the space is being rotated out into something that's hotter. So that's also a big reason I think why we are where we are, why the US market seems to be making new highs, why markets around the world are making new highs, yet Bitcoin and crypto is kind of staying put and now even sliding a little bit further because of the AI trade, right?

[00:10:38]But here's the thing with all this said, it seems like it's kind of bleak, kind of kind of sour right now. if you put all this into perspective.

[00:10:50]But what happened last year when we went through kind of the same thing?

[00:10:56]Last year we had the same thing happen with two commodities that no one ever thought this would happen to. Gold and silver.

[00:11:06]Remember what happened last year when gold and silver skyrocketed for the entire year and hit new highs, unfathomable levels.

[00:11:22]And then what happened? They came down.

[00:11:25]The bubble burst. Gold went down like 20% in a single day. Silver went down 30% in a single day. and now they're hovering low and they're not moving anymore. Right? So, I do think all this the AI trade right now, even though it is still going to be ongoing and going to be hot for a while, it's going to do the same thing. It's going to be it's going they're all going to reach these companies are going to reach unfathomable levels, P ratios that are completely off, okay? Way overvalued.

[00:12:01]And you're going to see the same thing happen. Money flow out of them. The mini bubble kind of bursts and that's when money will flow in everything else that's non AI related and into crypto.

[00:12:13]So I do think that is going to happen. I just don't know when. It could be ongoing for, you know, for a few months until October, November time frame. But but that's also what's happening now.

[00:12:28]And here's the thing.

[00:12:30]I gotta take a sip of coffee.

[00:12:39]And here's the thing, even if Bitcoin falls to 60, which is looking more likely now because of what Sailor did, uh, some would argue that we would still be in a bull market like Raul Paul because he's arguing that the liquidity is flowing and that's the only thing that matters.

[00:13:06]matters, right? When money goes upwards, when there's more being printed, when there's more being lent out and borrowed and there's just overall more liquidity, Bitcoin is just going to be fine. And I agree with that. But I think right now is that money is flowing into one sector, right, into AI. And until that sector cools off and money flows elsewhere, I don't think much is going to change. I think that's the reality, right? But overall, it is right. We will see a recovery. We will see money flow back in. But right now, it's just a rotation into something else.

[00:13:53]And this sailor thing is just not not helping at all. It comes at a really bad time. Really bad time, I would say.

[00:14:06]Really bad time. All right. Outside of that, you know what? There are still a lot of great things happening, even though it may not seem like it. Bitcoiners, hardcore Bitcoiners, long-term holders, still business as usual. Adam Black is building a Bitcoin treasury company to rival strategy.

[00:14:30]We need more companies to do that. We need more companies to continue to DCA.

[00:14:36]Many are still doing it. Lower amounts, not to the same extent of strategy, but still smaller amounts, little bit at a time.

[00:14:48]And that's what we want and want to see more of.

[00:14:55]Can't, this is one of those times you can't have a lot of lettuce hands. You got to have a lot of long-term holders holding strong with their conviction in Bitcoin knowing that we're going through some kind of weird transition and and uncertainty, right? But we will get through it. Just have to hold strong for a little bit longer. Um and you know we got a lot of metrics like this too that's showing volatility is low very very very low and during these times is is when it's fearful when it's uncertain when it seems like a lot of things are going against us but we have seen this in crypto winters before many many many times yourself.

[00:15:50]This is the time to just to stay strong if you can and just continue to hold MDCA.

[00:16:04]All right, outside of these, there's really not much else uh of good news. Suie suffers his third halt in 48 hours.

[00:16:17]So they had some major issue last week.

[00:16:21]Unfortunately, whatever patch they did is not helping and they had another another outage and uh and this is not helping. Uh Cardano is trying to fund their annual conference and um and they're being shut down. Um, Charles Hoskinson wants to sell some Cardano, 7.8 million Cardano, about $2 million to fund this annual Cardano Foundation conference, but a lot of the D-Rups are voting it down, so they're trying to get that going. So, even Charles having a hard time funding a conference, right? And uh and that's about it.

[00:17:10]That's about it. You could see today uh NASDAQ S&P continues to be green except Dow like basically just tech and AI is just leading the way right now and we are where we are right now 716.

[00:17:30]All right, let's do some Q&A.

[00:18:00]I kind of agree with the dreps on uh for Cardano. I know it's I never been to a Cardano conference so I don't know how great it is but like right now rather than you know spend that $1.8 $8 million >> probably better to just be kept in a treasury. But you know, then again, what Charles and others always have said was you got to just keep building. You just got to keep building and educating and letting people know the community what's going on. So yeah.

[00:18:41]Oh, and more good news.

[00:18:45]Don't know how true this is or if this is just a negotiating tactic.

[00:18:51]Uh it just came out. Iran announces ending all negotiations in the US and vows to completely block the strait.

[00:19:01]Iran says ending negotiation due to repeated ceasefire violations including Israel strikes on Lebanon.

[00:19:13]Yeah. So, th this definitely is not helping either. And uh we'll see.

[00:19:19]We'll see whether or not this is true because uh obviously Trump is not going to like this. And he's been threatening to strike, you know, their oil infrastructure, their bridges and stuff like that. So, I don't know if he's actually going to go through with it or this is just again some kind of negotiating tactic.

[00:20:19]Iran was never in negotiation. They were always stalling.

[00:20:23]It's true. I've heard like, you know, Iran is like controlled by like several groups and parties and and one is like very religious, one is not. like there's like different factions in terms of like power.

[00:20:40]So, it was always unknown whether or not Trump and the US and Pakistan were negotiating with the right faction.

[00:20:48]And you know, it's kind of confusing. I I listened to a little bit someone explained how it works over there and it's not like there's like official group that controls all all power and just like it's kind of all over the place.

[00:21:05]Um, so who knows? Maybe one side agrees or one faction agrees for ceasefire, but the other side doesn't and continues to like cause problems, you know? It's like it's really weird.

[00:21:21]But this thing just keeps on going forever. Just never seems to end.

[00:21:42]What a way to start a month, man. We are in June. We're halfway through this year.

[00:21:49]It's quite amazing that this year has flew by so quickly, but yet right now we had a little bit of recovery from 60K up to 81K, but now unfortunately due to the ongoing war due to uh Sailor now AI being so hot, we're just kind of being like held back right now.

[00:22:18]I don't even know.

[00:22:31]Yeah, like this morning you look at Nvidia is up 4%, Microsoft up 3%, Oracle up 3%, like ARM up 12%, Palunteer up 3%. I mean, even IBM, something I've never like heard about for ye however many years, they're up 6% today. Palo Alto, I mean Salesforce, all these all these companies that basically were like not hot anymore, not moving anywhere, and now you're starting to see like huge moves with all of them, you know? It's just like money is like rotating into them because they're what's hot right now.

[00:23:32]the eye bubble will pop. Not that the companies will disappear, but we're getting we're getting if you look at the charts, it's just un you know, we're getting to unfathomable levels for them. Just like just like gold and silver, we saw the same thing happen.

[00:23:48]Gold reached like 5,500. It was just like a straight line up. silver reached like 120 going from like $20 going to like 120 within a matter of six months, seven months. Same thing with gold. I think we're going to see the same thing.

[00:24:04]It we're going to get some level where it's just everything is way too overvalued. The bubbles go burst and the money will flow out, right? I just don't know when that's going to happen.

[00:24:18]maybe before midterms.

[00:24:23]But in crypto, if you look at it, there are good projects that are still doing well. Like for example, hype is still doing very well. Stellar, I don't know why Stellar is doing very well. Zcash is doing very well. Like Toncoin, Near, uh, Bit Tensor. So projects that are in AI or projects that have a lot of utility, they're still doing well, but the vast majority of alts are not.

[00:25:28]I would like to hear explanation from sailor. Hopefully a really good one.

[00:25:35]This is just absolutely hor the worst time uh to be selling a little bit.

[00:25:41]I think it's a test. If I had to guess, it's a test. He needed to raise money for something, tax liabilities or because he wanted to buy back debt. He just wanted to test the market with a small sale, right? It's still significant 2.5 million, but it's a small sale compared to like the billions upon billions that he's been acquiring.

[00:26:01]um because had he sold let's say 320 Bitcoin, the message would have been much worse, right? So, I'm hoping he answers hoping he tweets out something soon to kind of reassure people that hey, you know, I said I would sell. I want to test the market. This is just for something small. you know, rest assured strategy strategy is still going to be acquiring more Bitcoin going forward.

[00:26:32]You know, hopefully that's the that's the message that we're going to get.

[00:27:06]Let's see.

[00:27:10]Uh, he tweeted this out 14 minutes ago.

[00:27:16]Goal is to make Stretch the best credit instrument in the world.

[00:27:22]Okay, I guess yeah, he's being trolled.

[00:27:30]Never sell your Bitcoin. He has said that many times.

[00:27:44]No word posting about selling. You told me to never sell my Bitcoin.

[00:27:50]Why?

[00:27:55]You know, it's like, bro, you're crashing the Bitcoin price.

[00:28:00]Stop it. What?

[00:28:04]Oh, the comments are brutal.

[00:28:08]Comments are brutal right now. He should be addressing this.

[00:28:12]I mean, he could do whatever he wants, obviously.

[00:28:15]Um, but he has to realize the influence he has on the Bitcoin space, right? And it's not really from the retail. Most retail already left. It's just long-term holders left, which is fine, but it's the signal to the institutions and companies.

[00:28:33]That's the signal you need to address because you don't want to send this message to them saying, "Well, we're going to start selling."

[00:28:42]then they're not gonna buy and they're gonna start selling. And that's that's the most important message he needs to like send out right now.

[00:29:22]Yeah. So on top of this today, we're starting out with this. We're also now hearing this that negotiations for the war is over.

[00:29:36]It could be a negotiating tactic. Again, we've been hearing about this. There's been a lot of threats both sides, especially from the US.

[00:29:44]So, we'll see whether this escalates into more war or again this is just negotiations. Um, Trump, you know, he's been threatening to to take out oil infrastructure.

[00:30:00]Uh you could continue the the block blockade and and also obviously strike bridges like he said before.

[00:30:30]Sailor thought it was April 1st.

[00:30:48]We're holding pretty good right around 73 74,000 and then uh and then the sailor news came out unfortunately kind of brought us down more.

[00:31:16]What is smarter DCA besides Bitcoin, ETH and Soul? Right now in crypto, the things that are moving really good are like AI related, not really good but better than than than others. AI related or like trading related kind of like hype, but that's an outlier. Not not many can replicate hype. Their volume from trading and the revenue uh and they're making a deal with the New York Stock Exchange kind of sets them apart. Uh but outside of that, like you know, some of the AI plays have been doing well.

[00:32:06]Sailor buying 2 billion. We don't blame.

[00:32:09]He sells 32 million. We panic. Well, it's it's a different message, right?

[00:32:14]Buying is what we're expecting. you set if he set a tone for himself to be a Bitcoin bull and do irresponsible buying, which he has been, you know, you get used to that. You don't, you know, especially from someone that has always advocated never sell your Bitcoin. He has even gone as far as saying like you you go take out a equity loan, you go sell everything, but never sell your Bitcoin. He has said that many times. There's like I'm sure people could show you like endless tweets about that.

[00:32:46]So obviously that's why uh selling now is making a big deal, right?

[00:32:55]But you know it's not the only reason.

[00:32:57]You can't blame everything on Sailor.

[00:32:58]It's just a bad time. Right now the war thing is escalating.

[00:33:03]Uh there's still a lot of leverage being cleared out. We see a lot of liquidations left and right all the time. That's not helping this situation.

[00:33:14]Look at this. Last hour 34 million liquidated. So last four hours 122 million liquidated.

[00:33:24]You know this is definitely not helping the situation either. So you still got too much leverage overall in the space.

[00:33:34]Um this is not helping either. And plus, of course, AI trade right now is not helping either.

[00:34:03]Ando seems to be holding pretty well. Is that also one in the trading narratives?

[00:34:07]You know, and iso is different. Ando is not a trading coin. It's not an AI coin. It's a RWA play. It's for tokenizing.

[00:34:20]Uh and unfortunately, their founder just passed away recently. But Ando, you know, Ando, I don't think they're doing particularly well, but they're not doing bad. They have formed deals with the CFTC and the SEC. I forgot which agency. I think it's a CFTC. So, they're legit. They could offer I I think it's SEC because they can offer security tokens. So, they're just in a really good shape. Whether the volume is there, don't know, but obviously RWA is going to be a big deal um going forward. A lot of financial institutions and banks and and uh and everyone else want to get into that space. So that's what sets them apart.

[00:35:13]Aster DEX supports 1,01 leverage.

[00:35:18]Yeah, that's irresponsible. So, you know, I get how exchanges and dexes like like Hype and Aster, you know, if people want it, you offer it, right? Like leverage. People want leverage, you give it to them. Some people make money, most people lose. But at some point, you got to just as an industry leader, you got to set a tone, right? Like if you're hype, you're like, maybe we're wrecking too many people. Maybe we should just set our leverage at 10x, okay? Or 20x.

[00:35:55]Uh even 20x will wreck a lot of people.

[00:35:57]But, you know, maybe they should just be proactive and say, you know what, just go set a 10. I don't care. We might lose a little business now, but we're setting a standard and maybe others will follow and it's better for the overall community, right? And maybe then someone like Aster will follow and then Binance and everyone else is go follow because just offering anything that's 20, 50, 100, now a thousand. It's just you're just setting yourself. You're just setting other people to fail. There's no way anyone can win with a thousandx leverage. Zero. Because nothing just keeps ticking upwards. It ticks up, down, up, down. It may stair step up, but you're going to get wrecked in the process.

[00:37:05]Yeah, US market not horribly weak but have turned red because of this.

[00:37:15]So this definitely is not helping the situation either.

[00:37:35]The stock market is something yearly similar to the.com bubble.

[00:37:45]Just 20 of the S&P 500 members joined index at a record close on Friday.

[00:37:51]Bank of America points out just 20 stocks, sorry. Bank of America points out 20 stocks hit new highs at the very top of the internet bubble in March of 20 2000.

[00:38:07]Uh so very similar basically S&P 500 and I think NASDAQ is just being led by the AI companies. That's it. everything else is not doing well. Um, so even though stock markets look like these indexes look like they're forming new highs, it's really just from a few individual companies, not from the entire base. Uh, and that makes a lot of sense. So, this is what I've been saying. We saw this last year with Gold and Silver, even though they're not tech stocks. I know they're commodities, but we saw the same kind of FOMO happen. We saw them skyrocket to unfathomable levels. Levels that they never should have reached and then a bubble burst and then it kind of down from there. Right? Seems like the same thing is building up with AI. I don't know when that's going to happen when that bubbles go burst, but right now that's where all the money is going into.

[00:39:08]Now oil jumped 7% based on this.

[00:39:15]What a what a start to uh what a start to June.

[00:39:42]AP, I I kind of feel with you. I I I agree with you. I think the bubble is going to continue forward for a while. I don't think it's going to stop anytime soon, but it will. Not that the companies will go belly up. I mean, we're talking about some of the biggest companies on the planet. Not that like Nvidia is just going to like blow up to nothing like Pets.com. It won't happen, but some of these companies are just way too overvalued at this point. And they're going to continue to be they're going to continue to go higher and higher and higher to a point where it's just too much.

[00:40:34]All right, guys. I'm going to let you go. I know it's not a great way to start the month, right? But we got more tensions in the Middle East just started escalating all of a sudden. Seemed like we were getting so close to a ceasefire, a real ceasefire, real done deal, but now uh we're rolling back. Hopefully this is just again just negotiations their way to negotiate a better term. I don't know but it seems like this is escalating once again. Oil jumping markets don't like this obviously.

[00:41:15]Uh not not ideal by any means. Uh obviously this is not ideal. Still haven't heard an explanation yet.

[00:41:25]Hopefully he comes out. I don't want to cause too much panic over this because again, he could just come out and say something that's totally okay. Like, I had to sell some for for tax reasons. We had like a $3 million tax bill or I just wanted to we needed a little bit more for our buyback last month.

[00:41:45]Whatever it is, right, he just needs to address it. H having it not addressed is worse because people are just speculating, thinking the worst thing possible. So, and and the comments are kind of brutal right now. So, hopefully just come comes out, puts a really nice tweets, kind of squashes this FUD, and then we'll be done with, but this is obviously not helping the situation right now. And of course, all the AI booming is not helping the situation right now. Even though if you are investor in them, great. You're making some money. uh you know being diversified probably a smart move at this point but you got to watch out because I do think at some point you'll have a major correction. The bubble will burst because a lot of these companies have gone up way too much way too fast and we're going to see some kind of bubble bursting and then that's when the money will flow out, right? But that could be some time. All right, that is it guys. Stay strong, stay focused. I know it's a dark time right now, but we will get through it together. All right, have a good one. Take care.

[00:42:57]Bye-bye.