Equation Founder Trims Bitcoin Holdings, Eyes Re-Entry at $45K–$55K
BitcoinWorld Equation Founder Trims Bitcoin Holdings, Eyes Re-Entry at $45K–$55K Vida, the founder of the decentralized lending protocol Equation, has sold one-third of their Bitcoin portfolio, according to on-chain analyst ai_9684xtpa.
The move comes as Vida indicated plans to repurchase BTC at lower price levels of $45,000 to $55,000 within the next one to three years. Details of the Sale The sale follows Vida’s purchase of $3 million worth of spot Bitcoin in early February at an average price of $59,000.
The exact size of the remaining portfolio has not been disclosed, but the transaction reflects a strategic shift in response to current market conditions.
Market Outlook and Macro Concerns In a statement, Vida expressed caution about the sustainability of any new bull market, noting that emerging narratives remain vulnerable to shifts in the AI sector, as well as volatility in U.S. Treasurys and the dollar.
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