Bitcoin faces a macroeconomic stress test after the Bank of Japan (BOJ) raised interest rates by 75 basis points, its largest increase in 30 years. This move raises concerns about a reversal in interest rate arbitrage trading, potentially putting the BTC $80,000 mark at risk. 📉

"Smart money" acted proactively, with large investors selling off 24,000 BTC, totaling over $2 billion, prior to the BOJ meeting. Short-term holders, who bought around the $101,000 mark, are now facing approximately 16% losses, amplifying selling pressure. 💰

The market volatility triggered significant liquidations, wiping out $140 million in long positions. This indicates the immediate impact on leveraged traders and highlights the current market sensitivity to macroeconomic shifts. 💥