strategysoldbtc

The drop wasn't random. It was a chain reaction that had been building for weeks 👇
ETF outflows weakened price → market was overleveraged → Strategy sold $BTC for the first time in 4 years (only 32 BTC but the signal broke confidence) → Mt. Gox moved 10,306 BTC worth $731M → panic spread → $1.8B in leveraged longs liquidated → 272,000 traders flushed → price accelerated to $62K. Long positions made up nearly 90% of all liquidations. The trigger was small. The damage was historic. 🧠

#Liquidations #StrategySoldBTC #OverLeverage

😬 Strategy has officially sold Bitcoin for the first time!

📝 According to company filings, the firm disposed of 32 $BTC for roughly $2.5 million at an average price of about $77,135 per coin.

The sale is tiny relative to Strategy’s massive holdings, but it marks a symbolic shift for a company that built its reputation on the "never sell" Bitcoin narrative. 🤷

Meanwhile, BTC continues to struggle. Bitcoin has fallen to its lowest level since mid-April, briefly dropping below $72k and now trading around $71.3k.

The amount sold may be insignificant, but the psychological impact is much larger. For years, investors viewed Strategy as the ultimate diamond hand. Now the market knows that even Saylor’s company is willing to hit the sell button when needed. 🫨

#StrategyFirstBitcoinSale #StrategySoldBTC