Fear & Greed Index Hits 5 — We Haven't Seen This Level of Panic Since the FTX Collapse

The Fear & Greed Index just printed 5. Five. That's not a typo. We're talking Extreme Fear territory so deep that the last time we saw single digits was the FTX implosion in November 2022.

The Numbers Don't Lie

BTC is sitting at $65,944 after a -3% dump. ETH got slaughtered at $1,884 (-4.6%). SOL is down a brutal -6.9% to $79.40. Total market cap has bled to $2.34T and BTC dominance is grinding up to 56.4% — classic risk-off behavior where everything runs back to the king.

Whale Activity Says Otherwise

Here's where it gets interesting. While retail is panic-selling and flooding CT with doom posts, whales are quietly loading. We're seeing whale transactions of 49.3 BTC, 47.8 BTC, and 29.9 BTC flowing into accumulation wallets. That's nearly $8.4M in BTC being scooped up in the last 24 hours alone.

History Favors the Fearful

Every single time the Fear & Greed Index has dropped below 10, BTC has been higher 90 days later. Every. Single. Time. The FTX bottom at index 6? BTC went from $16K to $30K in 4 months. The COVID crash at index 8? You know what happened next.

This isn't financial advice. But if you're selling when the index reads 5 and whales are buying, you might want to ask yourself which side of the trade you want to be on.

Contrarian conviction or capitulation — your call, anon.