Record realized losses mount as Epstein files claims challenge Bitcoin decentralization

2 min

Matrixbot revives claims of state sway over Bitcoin as on‑chain data shows nearly $1B/day in realized losses. Short-term holders capitulated; stress is creeping to stronger cohorts.

Matrixbot alleges control over Bitcoin development

- Matrixbot on X claims Israel funded salaries for 60% of BTC Core developers and offered exclusive gifts, citing the Epstein files and its own post on X. First mention of Bitcoin (BTC) is here.
- The post further alleges ties between Epstein, Israel, and Blockstream, links with Tether (USDT), and the ability to sway BTC price, code, and nodes. These are Matrixbot’s claims as posted.

On‑chain: realized losses near $1B/day, pressure shifts to stronger hands

OnChainMind notes net realized losses approached ~$1B per day at the drawdown peak; most early selling came from 3–6 month entrants on X.
6–12 month holders show rising strain, a late‑bear pattern historically per NewsBTC.

Bitcoin on-chain realized losses chart

Price action: grind up, risk of sharp flush

- Trader ctm_trader points out 7 of the last 8 two‑day candles closed green, a stretch often followed by liquidations on X.

- A prior similar setup saw BTC give back roughly half the move within hours, triggering large liquidations; current resting liquidity below is larger via NewsBTC.

- Overbought signals and a red Coinbase premium flag a bearish skew as price swept recent highs per NewsBTC.