Postmortem: Satsuma’s 668 BTC Fire Sale – A Case Study in Leverage Failure
Hook 668 Bitcoin. That’s all it took to sink a public company. — Root: Auditi...
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Fear
Market Sentiment
Independent validator client goes live on mainnet
92 million ARB released
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Improves data availability sampling efficiency
Block reward halving event
Team and early investor shares released
Circulating supply increases by about 2%
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,404.5 |
| 1 |
Ethereum
ETH
|
$1,874.82 |
| 1 |
Solana
SOL
|
$74.52 |
| 1 |
BNB Chain
BNB
|
$569.7 |
| 1 |
XRP Ledger
XRP
|
$1.1 |
| 1 |
Dogecoin
DOGE
|
$0.0718 |
| 1 |
Cardano
ADA
|
$0.1648 |
| 1 |
Avalanche
AVAX
|
$6.77 |
| 1 |
Polkadot
DOT
|
$0.8163 |
| 1 |
Chainlink
LINK
|
$8.38 |