Can You Trust Exchanges With Your Bitcoin? — Key Takeaways
River clients are net buyers even in this bear market, and limit orders clustered around $50K suggest institutional and retail accumulation — making current prices a potential entry point for long-term holders.
Key takeaways
Current bear market is historically shallow (~50% drawdown) vs. 77–93% in prior cycles
Current bear market is historically shallow (~50% drawdown) vs. 77–93% in prior cycles
- 2011: -93%, 2013-15: -87%, 2017-18: -84%, 2021-22: -77% — current cycle is far milder by comparison.
- River plans for multi-year bear markets regardless; CEO says 'we run a seasonal business but don't know when summer is.'
In Q2, individuals net sold 78K BTC while institutions net bought 115K BTC
In Q2, individuals net sold 78K BTC while institutions net bought 115K BTC
- River's own flow data shows retail is a net seller; institutions (including ETF flows) are absorbing supply.
- Decade-long trend: Bitcoin ownership was ~100% individual early on; institutional share is now accelerating.
Social-engineering attacks, not hacking, are the primary vector draining Bitcoin exchange accounts
Social-engineering attacks, not hacking, are the primary vector draining Bitcoin exchange accounts
- Coinbase breach data is being used to target users of other exchanges via impersonation calls and phishing sites.
- River now does preemptive domain takedowns; recommends treating all inbound calls/emails as compromised.
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In this video
- 1mIntro
- 2mWho's selling Bitcoin, and who's buying
- 4mCan Wall Street change Bitcoin's rules?
- 7mThe backlash against "Big Bitcoin"
- 9mWhy most people never move their Bitcoin
- 10mA simple setting that stops hackers
- 12mWill quantum computing break Bitcoin?
- 14mStorage built to survive a disaster
- 16mWhy other companies' breaches hurt you
- 20mHow this bear market compares
- 22mWhere the money went instead
- 23mAre people waiting to buy lower?
- 25mCan a Bitcoin company be a real bank?
- 28mLiving on Bitcoin and dollars at once
- 30mWhy he won't take the company public
- 32mWhat to do when everyone turns bearish
“We run a seasonal business, but we don't know when summer is.”
— Alex Leechman
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