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cryptoJul 17, 2026, 3:35 PM

Scott Melker Dismisses Strategy Liquidation and Coinbase Collapse Fears, Suggests Bitcoin Bottom

Crypto trader Scott Melker called the Strategy liquidation and Coinbase collapse narratives '99% stupid' and said panic may signal a Bitcoin bottom.

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Scott Melker, known as "The Wolf of All Streets," dismissed two popular disaster scenarios in the crypto market. He stated that the "Strategy liquidation narrative is 99% stupid" and that "Coinbase collapsing is the dumbest thing I've ever heard."

Melker then shared what he considers the one risk that actually matters, though the post does not specify it. He also suggested that the current panic could be signaling a Bitcoin bottom.

These comments come amid ongoing market uncertainty. Melker's view contrasts with widespread bearish sentiment around leveraged positions and exchange stability.

Source: Cointelegraph