Whale Warns: Every Fed Chair Transition Has Sparked Bitcoin Crashes; Warsh Looms

Bitcoin hovers near $77,000—39% below its October 2025 all-time high—as whale commentary intensifies warnings of a major drawdown mirroring historical Fed chair transitions (Yellen -83%, Powell I -73-84%, Powell II -61-77%) ahead of Kevin Warsh's May 15 handoff. Elevated macro risks amplify the threat: US CPI at 3.3%, Brent crude surging 37% to $115 amid a 10-week Strait of Hormuz blockade, and BTC spot ETFs shifting to outflows after $2B inflows since April 14, with IBIT's streak ending April 27. Bullish offsets like whale accumulation and low on-chain supply exist, but Big Tech's $600B AI capex and Robinhood's 47% crypto revenue drop heighten de-risking vulnerability.