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via Decrypt · By Decrypt Editorial
Strategy Shares Slide Following Bitcoin Sale—Will It Dump More BTC Ahead?
BTC
BTC/USDT
$65,096.00
+0.87%
$65,096.00
+0.87%
(24s)24h Volume
$18,318,799,087.17
24h H/L
$65,176.60 / $63,267.34
Change: $1,909.26 (3.02%)
Long/Short
57.9%
Long: 57.9%Short: 42.1%
Funding Rate
+0.0063%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:44 PM UTC)
1 min read
In brief
- Strategy’s stock price dropped to a 45-day low after disclosing a $2.5 million Bitcoin sale.
- The liquidation "amplified an already compelling dislocation," according to TD Cowen.
- The sale was ultimately unavoidable, given Bitcoin's lack of cash flows, according to Grayscale.
Strategy’s stock price plunged on Monday after it disclosed a Bitcoin sale, indicating that the company’s…
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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