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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

$63,136.00

+0.03%

$63,136.00

+0.03%

(24s)

24h Volume

$2,101,316,491.65

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short

67.7%

Long: 67.7%Short: 32.3%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,100.89

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,100.89

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

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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