Short term pain. Long term setup.
Let’s decode all 5:
1. $82.4K → $66.8K = -19%. Normal bull market correction. $2.41B liquidations = leverage flush. Healthy.
2. IBIT $2.43B outflow = May tax selling + rebalance. Same thing happened May 2024, 2025. Then June rips.
3. Strategy sold $2.5M BTC = 0.001% of holdings. Tax/ops payment. They bought $5.9B in Q1.
4. Mt. Gox 10,422 BTC move = to custodian, not exchanges. Been doing this for 6 months. Deadline is Oct 2026, not tomorrow.
5. $93M long liq = weekend low liquidity. Market makers hunt stops.
Meanwhile: CLARITY Act passes Senate next week. SEC = “strategic priority through 2030.”
Institutions sell into uncertainty. They buy into clarity.
Which side of that trade are you on?
#Bitcoin #BTC #Crypto #BlackRock #IBIT #NEARSurgesAbove3USDT