💥Breaking:
Strategy bought $2.13B of Bitcoin.
Spot ETFs bought $1.55B.
30k $BTC
BTC
89,953.48
+1.01%
left exchanges
Yet Bitcoin is still dumping hard
So… what’s going on? Who’s selling?
Here’s the truth:
It’s not long-term holders. It’s not institutions. It’s leveraged traders getting wiped out.
In the last 24 hours alone, $1.07 Billion in leverage positions got liquidated.
This is how it plays out:
-When Price dips → leverage breaks
-Forced selling kicks in