Whales Accumulate, Tokens Die, Markets Restructure

Strategy Continues Buying: Company’s Holdings Surpass 555,000 BTC

The largest corporate holder of Bitcoin — Strategy — has announced the purchase of another 1,895 BTC worth approximately $180.3 million. This brings the company’s total holdings to 555,450 BTC, equivalent to over $53 billion at current prices. This ongoing accumulation strategy signals long-term confidence in digital gold and reinforces the company’s position as a key player in the crypto market.

Institutional interest remains a strong driver of BTC demand. The scale of Strategy’s acquisitions can influence not only liquidity but overall market sentiment. The more BTC is taken out of circulation, the scarcer the available supply becomes, potentially increasing the asset’s value over the long term.

Citi and SDX Launch Tokenized Platform for Startup Shares

Traditional financial institutions are increasingly adopting blockchain technologies. Citi Bank and SIX Digital Exchange (SDX) — a subsidiary of the Swiss stock exchange — have announced the launch of a new platform for trading tokenized shares of fast-growing private companies. The platform is set to launch in Q3 2025.

The project promises to revolutionize the venture capital market by making it more transparent, liquid, and accessible. Leveraging blockchain, investors will be able to buy, sell, and transfer tokenized startup shares in a secure and regulated environment. It will also allow companies to raise capital without relying on traditional IPOs.

Blockchain-based financial infrastructure is gradually becoming the norm, blurring the lines between traditional and digital assets.

Token Graveyard: Over 1.8 Million Cryptocurrencies Have “Died” in Early 2025

According to analytics platform CoinGecko, the crypto market in 2025 is undergoing an unprecedented “purge”: over 1.8 million tokens have been declared “dead” — an all-time anti-record in the industry’s history.

For comparison:
– In 2021 — 2,584 dead tokens
– In 2022 — 213,000
– In 2025 (just four months in) — over 1.8 million

A token is typically considered “dead” due to lack of trading activity, liquidity, development, community support, or access to the smart contract. Key reasons for this mass extinction include:
– an increase in scam projects,
– lack of real products or roadmaps,
– cloning of popular projects for quick profits.

This spike is largely attributed to a boom in generative tokens, created through automated platforms with no real backing. The result: mass failures and declining investor trust.

Important: Always conduct thorough due diligence — check smart contracts, team backgrounds, and documentation. Blind investment in new tokens is a direct path to losses.

U.S. Trade Deficit Hits Record High

According to the U.S. Department of Commerce, the trade deficit reached $140.5 billion in March, setting a new historical record. This marks a 14% increase compared to the previous month. The figure reflects a rise in imports alongside stagnant or declining exports.

A high trade deficit is a significant macroeconomic indicator closely watched by crypto investors. It may suggest a weakening dollar and rising inflation risks. In such conditions, digital assets — especially BTC — are often seen as a hedge against macroeconomic instability.

The Market Balances Growth and Cleansing**

The events of early May reveal a mixed yet interconnected dynamic: institutions are increasing BTC holdings, traditional banks are integrating tokenized assets, and the market is shedding weak and fraudulent projects.

This is a natural maturation process for the industry. Major players are laying the groundwork for future growth while speculative froth is evaporating. The crypto market is becoming more mature, and those who can distinguish potential from noise will reap the greatest rewards.