😂 Michael Saylor Sold 32 $BTC . The Market Had a Full Meltdown.
Let me paint you the full picture 👇
Michael Saylor, the man who buys $BTC like it's going out of fashion, sold 32 Bitcoin on June 1st.
Just 32. Out of 845,256.
That's like owning 845,000 pizzas and eating one slice. 🍕
The market's reaction:
😱 BTC crashed 15%
😱 Briefly touched $59,000
😱 $2 trillion wiped from crypto market cap since the peak
😱 Crypto Twitter declared the end of civilization
What Saylor did next:
😏 Quietly bought 1,550 BTC for $101 million last week
😏 Total holdings now: 845,256 BTC
😏 Said nothing. Let the chart speak.
The sale of just 32 Bitcoin — proceeds of $2.5 million — is being blamed for sparking a 15% decline in Bitcoin's price, with the cryptocurrency briefly falling below $60,000. (CryptoNinjas)
One man. 32 coins. $2.5M sale. $300 BILLION market cap wiped. 😭
Crypto is truly something else. 🤣
Are you buying #BTC at $63K or waiting lower? 👇