Some professional athletes in the U.S. are losing big on the crypto drop, according to a chart shared on Twitter; but it might not be that accurate.
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- Rumors of athletes’ crypto losses made headlines.
- The information is not that accurate, but one can speculate.
- Some celebrities could be looking at potential losses with the fall.
Some professional athletes in the United States could be experiencing potential losses amid the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market’s price drop.
With Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. Struggling to stay above USD $20,000 and the rest of the cryptocurrency market an area or arena, online or offline, in which commercial dealings are conducted. sinking below the $1 trillion mark versus a record USD $3 trillion in November last year, the outlook looks somewhat daunting and is starting to generate anxiety among traders.
According to the research firm Glassnode investors recorded losses in excess of US$7 billion last weekend, when Bitcoin traded below USD $19,000. According to data the move was no small thing, as it represented the largest loss in the world. made in dollars in the history of Bitcoin .
But regular traders may not be the only ones watching the red numbers in their portfolios with stress, as some celebrities could also be on this list. A chart recently published in Twitter shed light on some famous athletes who may be experiencing losses amid the price collapse.
Potential losses – or not
Prominent NFL athletes like Sean Culkin, Odell Beckham Jr. and Trevor Lawrence are among the athletes who could be racking up some potential losses in their wallets, as they had previously agreed to receive all or a percentage of their salaries in digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency.
According to the chart, sports celebrities could be looking at a combined loss of more than $20 million after registering a decrease of up to 63% in its crazy funds in Bitcoin . Well-known athletes such as NFL’s Russell Okung, NBA’s Andre Iguoadala and USL pro football player Alex Crognale are also on this list.
However, as provocative as it may sound, it is worth noting that the chart is not entirely accurate, as notes USA Today Sports . On the one hand, it assumes that these athletes would not have changed or liquidated their salaries received in Bitcoin and therefore, they would be recording unrealized losses today. On the other hand, and what could be more serious, there is some wrong data.
For example, gambler Trevor Lawrence, who made several headlines this week for allegedly losing USD $15 million in cryptocurrencies, clarified that this was not entirely accurate. The newspapers were followed of the alleged figures of CoinJournal shared on Twitter to report the unrealized loss of the star of the Jacksonville Jaguars although this one then went out to the networks to address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. the rumors.
Did y’all confuse my@FTX_Official signing bonus with my @NFL one? Carry on… https://t.co/pd7FS198yr
— Trevor Lawrence (@Trevorlawrencee) June 22, 2022
It is worth noting that the athlete had signed a sponsorship agreement with Blockfolio in April of last year that included a “ bonus “of an unspecified figure inBitcoin, Ethereum a decentralized open-source blockchain with smart contracts functionality. y Solana . By that time, the flagship cryptocurrency was trading above USD $50,000.
While Lawrence did not clarify whether he had seen losses in his cryptocurrency holdings, the possibility cannot be ruled out that, on the contrary, he may have taken advantage of when these assets rose to record highs late last year to generate gains. For example, Solana went up more than 6 times in price in the months following the deal, and Bitcoin yEther the form of payment used in the operation of the distribution application platform, Ethereum. also recorded a notable rise in November.
No tan exacto, más bien hipotético
Another example is the case of Russell Okung, who at the end of 2020 opted for taking half of his $13 million salary in Bitcoin as part of an agreement with Strike .
In the hypothetical case that Okung had not liquidated his holdings by then, his salary could have multiplied by more than 250% when the cryptocurrency surpassed USD $75,000 by the end of 2021. Otherwise, if the athlete held on to his bitcoins The figure should not have changed much since then, as the price of BTC is back to trading near the same level as it was at the end of 2020.
The report, however, is inaccurate on other facts, including the fact that Sean Culkin would not qualify for the roster. While the former Kansas City Chiefs last year became the the first NFL athlete to agree to receive 100% of his salary in Bitcoin But that deal never came to fruition, as he was dismissed before he had the chance, and he later withdrew.
Celebrities live the Bitcoin crash
Beyond the rumors, there is still the possibility that some of these famous figures are seeing unrealized losses in their digital asset portfolios. Athletes like Ifunanyachi Achara, Alex Crognale, and Culkin himself have become spokespeople for the crypto industry and frequently take to Twitter to share their excitement over Bitcoin crypto and tokens Non-fungible (NFT), another market that has plunged massively in the midst of the downtrend.
Assuming that support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. translates into effective investment in digital assets, it doesn’t seem disproportionate to think that their personal portfolios are seeing red numbers now when the market is down more than 60% in global capitalization. In fact, they’re probably not alone: other celebrities who have recently endorsed Bitcoin and crypto, such asParis Hilton,Reese Witherspoon, Ryan Reynolds and the NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. collector, Snoop Dogg They could also be looking at potential losses in the midst of the collapse.
While there are no official pronouncements, previous comments from some of these celebrities invite you to think that they might be experiencing the cryptowinter in a similar way to ordinary investors like you or me; albeit perhaps with a little more optimism.
“I’m not fucking leaving bitcoin.” , says Alex Crognale.
I’m not f*ckin’ leaving #Bitcoin https://t.co/IX3bnUvcNt pic.twitter.com/IGVCqbTvr8
– Alex Crognale (@alexcrognale) June 13, 2022
- Cristiano Ronaldo signs NFT partnership with Binance to attract football fans to Web3
- Arnold Schwarzenegger prefers not to invest investing is when you put money in a financial scheme with the intent of making a gain. in cryptocurrencies because he doesn’t understand them
- Lionel Messi to receive cryptocurrencies for joining Paris Saint-Germain
Article by Hannah Estefania Perez / DiarioBitcoin
Imagen de Depositphotos
