While the media stays silent, a critical event recently unfolded: BTC mining has become so centralized that, for only the second time in history (last time was in 2014, before mega-crash), the network is vulnerable to a 51% attack. Two mining pools now control the majority of the network. Highly centralized. Highly dangerous.
Meanwhile, whales are also exiting at unprecedented speed. On-chain data reveals massive sell-offs from large wallets and ETFs, quietly, behind the scenes, in what may be the largest exodus seen before. Michael Saylor, who was once convicted of tax and accounting fraud, who has spent years artificially propping up this bubble to profit on the naiveness of retail sheep, just exposed his true intentions. He promised investors he wouldn’t issue stock below 2.5x mNAV—and then immediately flipped on that promise to continue diluting shareholders. His goal is simple: raise capital for himself and his ventures at the expense of ordinary investors. This is disastrous for Bitcoin because it undermines confidence, accelerates sell pressure, and signals that those with influence are ready to cash out while the retail market absorbs the fallout. The more Saylor and others dilute and exit, the more the narrative of stability and long-term growth collapses, leaving BTC vulnerable to a sharp, cascading correction.
One of the key narratives driving the bubble, the fantasy that the US government would bulk-buy BTC, just collapsed. Treasury Secretary Scott Bessent slipped up on live TV, admitting they will not be adding BTC to reserves. The “hopium” that retail and maxis were banking on evaporated instantly. After being called out by an insider, he tried backpedaling in a tweet, claiming they would explore “budget-neutral” ways to acquire Bitcoin. No immediate purchases, no new fuel for the market, just empty noise. We predicted this outcome months ago.
Bitcoin’s run-up was built on false, overhyped narratives. With centralization, whale exits, and government disinterest now clear, the market is dangerously exposed. Tether, the main price manipulator, can only prop prices for so long. Fresh money is drying up, and the house of cards is teetering. A collapse is not a question of if, but when.
Bitcoin is heading for a major crash.
While the media stays silent, a critical event recently unfolded: BTC mining has become so centralized that, for only the second time in history (last time was in 2014, before mega-crash), the network is vulnerable to a 51% attack. Two…
— Jacob King (@JacobKinge) August 24, 2025
JUST IN: Michael Saylor’s ‘Strategy’ announces they purchased another 3,081 $BTC for $342.9M.
Their average buy-in for this batch was $115,829, and they currently face a paper loss of ~$14.4M. pic.twitter.com/AXSl9gIcmU
— Jacob King (@JacobKinge) August 25, 2025
Cardone sounds nervous. https://t.co/l3cJ1T0Edk
— The Great Martis (@great_martis) August 25, 2025
I love all you crypto fucks, I really do. All you’re trying to do is get a tiny piece of this big theft ridden ponzi scheme pie under a bunch of bullshit flags, false pretenses, solutions looking for a problem and propaganda from centralized controlled ownership.
Wish it didn’t…
— Darth Powell (@VladTheInflator) August 25, 2025
Blocks aren’t even filling half the time. The ponzi is completely supported by printing coins to sell to the last layer of suckers. pic.twitter.com/p4oV9DG4G0
— Dr_Gingerballs (@Dr_Gingerballs) August 25, 2025
Oh boy…….😣 https://t.co/vq4C6pe8Qn
— Henrik Zeberg (@HenrikZeberg) August 25, 2025
