GM to all of you nutcases. It’s Crypto Nutshell #755 sneakin’ in… 🥷🥜

We’re the crypto newsletter that’s more unhinged than a detective hunting a killer who’s always one step ahead… 🕵️‍♂️🔪

What we’ve cooked up for you today…

What’s in the Crypto Nutshell Portfolio?

BREAKING: Bitcoin, Ethereum Dive Deeper Amid AI and Macro Angst

Crypto just slipped into its ugliest week of 2025…

But the story underneath looks nothing like a real bear market.

Bitcoin crashed to $92K, its lowest level in six months. A brutal 27% drawdown from the October peak.

Across the board, it’s been the same picture:

And yet - analysts keep saying the same thing.

This isn’t bearish. This is structural.

As we explained yesterday, the entire $1.1 trillion wipeout happened with no major negative fundamental catalyst.

No regulatory crackdown. No ETF rug pull. No industry blow-up. Nothing.

Over the last 24 hours alone, liquidations blew past $900M, with over $550M in longs getting torched.

And just like every structural drawdown, sentiment has flipped to full panic.

Fear & Greed has cratered. ETF flows are negative. Prediction markets are leaning bearish again.

But here’s where things get interesting…

The fundamentals didn’t just hold - they strengthened.

According to Coinbase’s head of institutional strategy:

None of that lines up with the price drop.

On-chain confirms the same story:

This is what structural resets look like. They clean out leverage. They drain weak hands. They create violent moves that break correlations. And then they rebuild.

Analysts now see two high-probability outcomes:

Either way, the message is the same:

Long-term capital is buying while sentiment is at its worst.

And these divergences never last long.

Zoom out. Has anything about the long-term thesis actually changed?

In our view - not at all.

This is short-term noise. Painful, yes. But not thesis-breaking.

The fundamentals are intact, adoption is rising, and Bitcoin’s trajectory hasn’t shifted.

Moments like this test conviction.

The market feels broken today.

But the foundation is not.

And that is usually where bottoms form. 🚀

Built for active crypto traders. CoW Swap always searches across every major DEX and delivers the best execution price on every swap you make. Smarter routes. Better trades. No wasted value. Find your best price today. So why trade on any one DEX when you can use them all?

Find your best price today

Over the weekend, when Bitcoin nuked under $100K, on-chain sleuths spotted big movements in Strategy’s wallets.

Crypto Twitter did what it always does:

“Saylor is getting liquidated!”
“MicroStrategy is selling!”
“The top is in!”

But as we now know - that was all noise.

It wasn’t selling.
It wasn’t liquidation.

It was internal wallet shuffling.

And just like we covered yesterday… the truth was the exact opposite:

MicroStrategy was buying the dip. Hard.

Responding to the drama was mathematician Fred Krueger - one of the most level-headed voices in this space - who stepped in with the perspective everyone needed:

That’s the signal.

When price action gets violent, people default to fear.

But the players with the clearest math and the deepest pockets aren’t flinching.

They’re doubling down.

Bitcoin is still marching toward seven figures - with or without the weekend drama.

Ignore the short-term noise. Focus on the big picture. 📣

Digital asset funds saw a third week of outflows totalling $2.04 billion last week.

That’s the largest weekly outflow since February this year.

Let’s break it down.

As usual, Bitcoin was the primary focus, experiencing outflows of $1.38 billion.

Ethereum also saw substantial outflows totalling $688.8 million.

Whilst XRP and Solana also saw outflows of 15.5 million and $8.3 million respectively.

From a regional perspective, the U.S. led with outflows of $1.98 billion.

Switzerland, Sweden, and Hong Kong followed with outflows of $39.9 million, $21.3 million, and $12.3 million respectively.

Negative sentiment is running hot, and December’s rate cut odds keep fading.

Layer in a wave of OG whale selling, and the recent pressure makes sense.

But this is classic late-stage capitulation.

Emotional outflows. Short-term fear. Not a shift in fundamentals.

The setup is simple: weak hands are exiting, strong hands are absorbing.

Bitcoin is built for exactly this moment as global money supply explodes to $142 trillion. Short-term pain is plunging investors into extreme fear but the failings of the fiat system mean the Bitcoin long-term thesis hasn't changed.

Bitcoin Price (BTC) Analysis: Whales Step In. Rising whale activity hints at strategic positioning during bitcoin’s downturn.

Vitalik Buterin unveils Kohaku, a privacy-focused framework for Ethereum. Kohaku is a suite of privacy-preserving crypto tools to enhance privacy and security in the Ethereum ecosystem.

Grayscale Poised to Debut Dogecoin ETF as VanEck's Solana Fund Starts Trading - Decrypt. A Grayscale ETF tracking popular meme coin Dogecoin could list next next week, while a VanEck Solana fund debuted Monday.

Want to get even smarter? Check these out.

p.s. all completely FREE (one click subscribe link)

Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after “Meme Corner”)

Because what would the crypto world be without its share of memes?

Trivia Answer: To keep block times near 10 minutes 🥳

Difficulty adjusts to maintain Bitcoin’s target block time of roughly 10 minutes, no matter how much hashpower joins. ⛏️

Advertise with Crypto Nutshell to get your product or brand in front of the crème de la crème of crypto investors. Crypto Nutshell readers are high-income earners who are always looking for unique or interesting offers.

Get in touch today.😎

We read every comment submitted in this poll and love to hear what you guys have to say. 😁 (bonus points for suggestions 🍪)

DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.