Back in 2017, Wu Jihan did something sensational in the crypto world—he sold off all his and his company's tens of thousands of bitcoins at prices between $3,800 and $4,000. At that time, he only had one thought in mind: All in BCH, to let Bitcoin Cash take the throne from BTC.


Everyone knows what happened afterward. BCH not only failed to usurp Bitcoin's position but also fell into a forked civil war. Bitmain was dragged into the abyss, and he himself was forced out in disgrace, becoming the biggest joke of that bear market.
Eight years have passed, and history has repeated itself.
In February 2026, Bitdeer, Wu Jihan's company, issued a holdings announcement: As of February 20, all of the company's Bitcoin holdings were completely liquidated—943.1 reserve coins, plus 189.8 newly mined coins this week, all sold off at the $68,000 level with a single click.
When the news broke, many in the community's first reaction was: Here we go again?
Wu Jihan responded on X: "Having zero holdings now doesn't mean it will always be like this in the future." That’s what he said, but the market doesn’t care about sentiment. Once the news came out, panic immediately spread. Retail investors were stunned, big players panicked, and within the mining circle, there was an uproar.
Some say he did it to buy land and expand mining farms, not because he’s bearish. But think about it—someone who translated the Bitcoin whitepaper into Chinese, someone who bet 15,000 bitcoins on a meme coin back in 2012, someone who once loudly proclaimed “BCH is the real Bitcoin,” now has his last remaining bitcoin...
BTC2.99%
BCH1.57%
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