#MicroStrategySells32Bitcoins


BTC Drop to $67,000 Area, More Than $320 Million Liquidated

Bitcoin fell from the $71,000 range toward the $67,000 area on Tuesday (6/2) night. The 5% price drop over the last 24 hours sparked liquidation of crypto long positions totaling at least more than $320 million in just the past 2 hours.
​The sell pressure weighing on the market today stems from the accumulation of multiple interrelated factors and sentiments. In addition to the transfer of more than $425 million in Bitcoin by BlackRock to Coinbase Prime and the sale of 32 BTC by Strategy, the market is responding to the on-chain movement of 10,400 BTC belonging to Mt. Gox, which may be intended for payments to creditors in October. This situation is further intensified by massive outflows from Bitcoin ETF products and the escalation of geopolitical conflicts in the Middle East, which are still in a standoff over negotiations between the US and Iran.
BTC-5.88%
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discovery
· 1h ago
LFG 🔥
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discovery
· 1h ago
To The Moon 🌕
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discovery
· 1h ago
2026 GOGOGO 👊
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MasterChuTheOldDemonMasterChu
· 2h ago
Just charge forward 👊
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