Bitcoin craters, Ethereum crashes, and somehow Michael Saylor thinks you should sell a kidney and keep your bitcoins

Bitcoin has been through plenty of brutal downturns, but this one isn’t just about price action—it’s about confidence evaporating in real time. Between February 25 and 27, over $2.16 billion in losses were realized, with newer investors taking the biggest hit. The numbers don’t lie. $927 million of those losses—nearly 43%—came in just a single day, marking the worst sell-off since August 2024.

These aren’t just red candles on a chart. This is newer money fleeing the market in panic, a clear sign that confidence is breaking down. When fresh investors start offloading at a loss, it creates a feedback loop. Fewer buyers step in. Bearish sentiment builds. Price recovery becomes that much harder. And the whales? They’re cashing out while retail traders scramble. A single entity just dumped $540 million worth of Bitcoin, crushing any chance of stability in the short term.

Ethereum isn’t faring any better. Down nearly 50% since mid-December, shedding a third of its value in just four weeks. The last time ETH traded near $2,000 was November 2024, and it’s quickly heading back there. The hype cycle is gone, replaced by a market that looks more and more like it’s running out of buyers.

And then there’s Michael Saylor. The man who never met a dip he didn’t want you to buy. His latest gem? “If you need money, sell a kidney but keep your Bitcoin.” It’s easy to preach diamond hands when you’re sitting on billions, profiting off retail traders hanging on to every word. But for the average person watching their portfolio bleed out, this is reckless, detached nonsense.

If he really believed in Bitcoin as a lifeline, why not create a fund to help struggling investors? Instead, he’s telling you to sell body parts while he adds to his own holdings. That’s not leadership. That’s just another billionaire using retail money to make himself richer.

Crypto has always been volatile, but this time, it feels different. The losses are stacking up, the market looks exhausted, and the biggest voices in the space sound more desperate than ever.