MSTR's 48% decline is more thrilling than crypto, Saylor's diamond hands have truly become a hot potato this time.

CoinWorld News: Since MicroStrategy first reduced its Bitcoin holdings, the stock price of MicroStrategy (MSTR) has fallen 48% cumulatively, and dropped another 13.8% in the last 24 hours, now trading at $84, hitting a two-year low. The company's unrealized loss on its Bitcoin holdings has exceeded $13 billion. On-chain data shows that the current short nominal size is about $5.55 million, longs about $5.86 million, with a short/long nominal ratio of about 0.95x. The overall average price for longs is about $97.24, and the current price has fallen below that average, so longs are generally turning to losses. The nearest long liquidation line is at $76.25, about 9.3% below the current price. Among them, a high-position short opened a short position at $130.65 with 10x leverage, with a position size of $2.4 million, and floating profit has reached $1.32 million.