🚨🚨 Saylor sold 32 Bitcoin from his total of 843,706 BTC for the first time in 4 years.
This sale represents 0.0038% of his holdings, and Bitcoin dropped from 76000$ to 71400$ within 6 hours.
Additionally, outflows from funds contributed to the drop, with liquidity exiting amounting to 142M$ million dollars.
Retail investors are currently in a state of fear, breaking the strategy of 'never sell'; most of them are expecting to start dumping large amounts as well.
We can take a lesson from Grayscale's previous sell-off and the surge that followed.
This sale represents 0.0038% of his holdings, and Bitcoin dropped from 76000$ to 71400$ within 6 hours.
Additionally, outflows from funds contributed to the drop, with liquidity exiting amounting to 142M$ million dollars.
Retail investors are currently in a state of fear, breaking the strategy of 'never sell'; most of them are expecting to start dumping large amounts as well.
We can take a lesson from Grayscale's previous sell-off and the surge that followed.