The $218M to $43M Cliff: Satsuma's Bitcoin Treasury and the Hidden Leverage That Killed It
The number caught my eye. Not because it was big—$43 million in BTC being sol...
In-depth
•
CryptoBen
•
2026-07-23
#bear market lessons
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Market Prices
BTC
Bitcoin
$63,129.6
+0.15%
ETH
Ethereum
$1,865.95
+0.05%
SOL
Solana
$73.2
+0.48%
BNB
BNB Chain
$583.5
+0.19%
XRP
XRP Ledger
$1.08
+1.58%
DOGE
Dogecoin
$0.0699
+0.29%
ADA
Cardano
$0.1883
+9.35%
AVAX
Avalanche
$6.6
+4.21%
DOT
Polkadot
$0.7950
+4.30%
LINK
Chainlink
$8.32
+2.73%
Fear & Greed
27
Fear
Market Sentiment
Event Calendar
202610
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
18
03
unlock
Sui Token Unlock
Team and early investor shares released
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
22
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
12
05
halving
BCH Halving
Block reward halving event
7x24h Flash News
More >
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All →Altseason Index
44
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
Market Cap
All →
1
Bitcoin
BTC
$63,129.6
1
Ethereum
ETH
$1,865.95
1
Solana
SOL
$73.2
1
BNB Chain
BNB
$583.5
1
XRP Ledger
XRP
$1.08
1
Dogecoin
DOGE
$0.0699
1
Cardano
ADA
$0.1883
1
Avalanche
AVAX
$6.6
1
Polkadot
DOT
$0.7950
1
Chainlink
LINK
$8.32
🐋 Whale Tracker
🟢
0x947a...0af7
1d ago
In
11,322 SOL
🔵
0x16bc...e9fb
12m ago
Stake
3,239,941 USDC
🔴
0x0fac...5914
12m ago
Out
12,467 SOL
💡 Smart Money
0xf7d2...5e82
Early Investor
+$3.7M
78%
0x7769...29c7
Early Investor
+$0.2M
74%
0xec90...46b9
Institutional Custody
+$3.8M
95%