Bitcoin Whales Bleed Nearly $7 Billion - Worst Losses Since October 2023

Fresh blood in the Bitcoin waters—and it's not what the bulls ordered.

The Whale Watch Turns Red

New major holders are staring down nearly $7 billion in unrealized losses, marking the most significant underwater position since last October. These deep-pocketed investors jumped in during recent rallies, only to watch momentum stall.

Timing Is Everything—Except When It's Not

The entry patterns suggest classic FOMO behavior—chasing green candles without exit strategies. Now they're learning the hard way that crypto markets don't care about your portfolio size when sentiment shifts.

Silver Linings for Sharks

While the whales nurse their wounds, opportunistic traders are circling. Major sell-offs often create prime accumulation zones for those with stronger stomachs—and better timing.

Another day, another reminder that in crypto, even the big fish can become bait when the tide turns. Maybe diversify beyond 'number go up' next time?

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Lobbyists for American cattle ranchers say importing beef from Argentina is not a long-term solution for a beef supply chain that is under stress and pushing consumer prices to record levels. Making matters worse, cattle farmers say they are also dealing with a return of the screwworm parasitic fly that is appearing along the Mexican border.

The screwworm was successfully eradicated from the U.S. in 1966. But recent appearances in Mexico have cattle ranchers across the southern U.S. nervous. The U.S. Department of Agriculture has closed the border to Mexico for imports of live cattle, bison, and horses due to the spread of the screwworm.

Record Prices

The prices consumers are paying for beef products at grocery stores across the U.S. continue to rise. Retail beef prices have reached record highs after cattle ranchers slashed their herds due to dried-up lands used for grazing. Feed costs have also risen significantly in recent years.

According to federal U.S. government data, as of July 2025, the U.S. cattle herd is approximately 94.2 million head, its lowest level since 1951. A screwworm infestation could further reduce the U.S. cattle herd, warn analysts.

President Trump has responded by floating the idea of importing more beef from Argentina. But the National Cattlemen’s Beef Association said in a written statement that is the wrong approach for the domestic U.S. industry.

Is the SPDR S&P 500 ETF Trust a Buy?

The SPDR S&P 500 ETF Trust (SPY) currently has a Moderate Buy rating among 504 Wall Street analysts. That rating is based on 419 Buy, 78 Hold, and seven Sell recommendations issued in the last three months. The average SPY price target of $753.46 implies 12.21% upside from current levels.