🚨 Michael Saylor just sold Bitcoin for the first time in 3 years and the market is PANICKING.
Here's everything you need to know RIGHT NOW:
📌 WHAT HAPPENED: Strategy (Saylor's company) sold 32 BTC between May 26–31, generating ~$2.5M. This is their FIRST sale since December 2022. For a company with ~$59 BILLION in Bitcoin, that's 0.004% of their holdings.
📌 WHAT IT TRIGGERED: → BTC crashed below $67,000 — a 5.83% drop → Over $1.7 BILLION in liquidations across the market → $480M in Bitcoin ETF outflows in a single day (BlackRock's IBIT: $440M) → Altcoins bleeding harder: SOL ▼7.49%, ETH ▼6.43%, DOGE ▼7.42%
📌 THE REAL QUESTION: Is this the beginning of a major reversal — or a panic sell over 32 coins that represent less than 0.01% of their stack?
Wintermute's OTC trader said it plainly: "The selloff feels triggered by Strategy's disclosure, but reality is momentum was already fading."
📌 THE SILVER LINING NOBODY IS TALKING ABOUT: While Strategy sold 32 BTC — Strive Asset Management quietly bought 2,500 BTC last week, reaching 19,000 BTC total. Institutions are still buying. Just not the one the media is watching.
My take: This is a narrative crash, not a fundamental crash. The fear is real. The data doesn't fully justify it.
Is this your buy zone or are you waiting for lower?
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