Just came across something pretty wild about Russell Okung's Bitcoin bet from back in 2020. The former NFL player made a decision that honestly looks genius in retrospect. So here's what went down - Okung decided to take half of his $13 million salary in Bitcoin instead of cash. That's $6.5 million converted into BTC when the price was way different. He ended up with around 240 bitcoins from that move. At the time, people probably thought he was crazy. But if you look at it now with Bitcoin trading around $81K, those 240 coins are worth roughly $19.5 million. That's a pretty insane return on what was essentially a salary negotiation. What makes it even more interesting is that Okung actually committed to holding. Back in May 2021, during one of the crypto downturns, he publicly said he wasn't going to panic sell. Most people would've dumped at some point, but he stuck with it. The whole russell okung bitcoin story is actually a perfect example of what early conviction in Bitcoin could've done for someone. Not everyone had the guts to take their entire salary in crypto, but those who did and held are sitting on life-changing wealth now. Makes you think about what moves people are making today that might look equally wild five years from now.

Bitcoin fluctuates around the 81,000 level, appearing to resist declines, but in fact, high-level consumption of bullish momentum is ongoing. Continuous rallies have yet to effectively break through the strong resistance at 83,000, indicating that selling pressure at this level remains heavy, and the main force has not truly opened up upward space. The current market, especially when consolidating at high levels, is more prone to forming a trap for long positions, particularly after market sentiment gradually shifts to a consensus of bullishness, which often signals the beginning of risk accumulation. Each short-term rebound is weakening, and the support below is not as strong as imagined. Once sentiment turns bearish, the pullback will only intensify. The strategy remains to view the market from a high-short perspective; as long as 83,000 is not broken, the downside space is always larger than the upside. Do not be disturbed by short-term upward pulls; the risk of chasing longs at high levels far exceeds the potential profit. Patience and waiting for a pullback to be completed is a more prudent choice at this time. $BTC ‌#Gate广场五月交易分享 #比特币波动

Unbelievable 94,522 traders were liquidated, the total liquidations comes in at $426.47 million. $BTC bouncing on support after another long liquidation Told you retail degens were shorting again The market moves to hunt liquidity short term.