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via BeInCrypto · By BeInCrypto Editorial

Crypto Volume Skyrockets After MicroStrategy’s Bitcoin Sale: What Are Traders Buying and Selling?

BTC

BTC/USDT

$79,746.40

-0.08%

$79,746.40

-0.08%

(24s)

24h Volume

$6,220,689,726.31

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.8%

Long: 52.8%Short: 47.2%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,999.99

▲ 0.43%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$82,300.00

Price$79,999.99

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.1

BeInCrypto Editorial

(02:53 PM UTC)

1 min read

Reviewed byEmily Watson

0 comments

Crypto trading volume spiked on June 1 after Strategy, formerly MicroStrategy, confirmed its first Bitcoin (BTC) sale in years, and the flows reveal a market splitting hard between risk-off dumping and a few selective bids.

In a June 1 Form 8-K, Strategy disclosed that it sold 32 BTC for roughly $2.5 million in late May, a tiny trade in dollar terms but a symbolic break from its long-held…

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Source

BeInCrypto Editorial · BeInCrypto

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