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via The Block · By The Block Editorial

Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool

BTC

BTC/USDT

$64,150.33
-0.43%
24h Volume

$11,413,706,747.71

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short
62.2%
Long: 62.2%Short: 37.8%
Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,238.93

1.46%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$66,408.11
Resistance 1$64,699.58
Price$64,238.93
Support 1$64,165.81
Support 2$61,874.74
Support 3$59,130.91
Pivot (PP):$64,124.82
Trend:Downtrend
RSI (14):41.8
TB
The Block Editorial
(04:40 PM UTC)
1 min read
EW
Approved byEmily Watson
1468 views
0 comments

Strategy's disclosure that it sold 32 bitcoin last week has complicated the resolution of a Polymarket pool that has drawn more than $20 million in trading volume.

The market asked whether Michael Saylor's bitcoin treasury company Strategy would sell any of its bitcoin holdings before May 31, which traders could take binary "Yes" or "No" positions on.

On Monday, Strategy revealed in an SEC…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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