According to The Kobeissi Letter, Washington Service data shows that 778 corporate executives sold their shares through June 11, 2025, while only 200 executives bought shares, resulting in a low insider buy-to-sell ratio of 0.26, the lowest since November 2024. This sharp increase in insider selling suggests that corporate leaders anticipate potential volatility or downside in the stock market. Historically, such insider activity has correlated with market corrections, which may lead to increased risk-off sentiment and potential capital flows into safe-haven assets, including major cryptocurrencies like BTC and ETH. Traders should monitor insider trends as a possible early warning for broader market shifts impacting both equities and crypto markets. Source: The Kobeissi Letter (@KobeissiLetter), Washington Service.

According to Milk Road (@MilkRoadDaily), while a cryptocurrency token increasing its market cap from $12 million to $3.2 billion may appear as a 266x gain, actual trading returns are often much lower due to token unlocks and increased circulation. The analysis highlights that the majority of the market cap growth results from additional tokens entering circulation rather than a true price appreciation. As insiders unlock and distribute tokens, the influx of supply can dampen price momentum, reducing real returns for traders. This insight is critical for crypto investors, as it emphasizes the importance of monitoring token emission schedules and insider activity to avoid overestimating potential gains. Source: Milk Road Twitter, May 11, 2025.