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Strategy BTC sold for the first time in three years: $70,000 falls—what is the market panicking about?

On June 1, 2026, Strategy disclosed that it sold 32 BTC between May 26 and May 31, with an average price of approximately $77,135 and a total value of approximately $2.5 million. The firm’s total holdings exceed 840,000 BTC, and the 32 BTC sold account for only about 0.0038%. However, the market reaction far exceeded the direct impact of the $2.5 million sell order. As of the time of this report on June 2, 2026, Bitcoin was temporarily quoted at $69,500, down 4.4% over the past 24 hours. During
BTC1.31%
IBIT2.27%
GateInstantTrends·06-02 12:00
Strategy BTC sold for the first time in three years: $70,000 falls—what is the market panicking about?