- MicroStrategy sold 3,588 BTC for $216M, trimming holdings to 843,775 BTC. Sales: 1,363 BTC at $59,256 and 2,225 BTC at $60,773 to fund dividends and boost cash.
- Bitcoin (BTCUSD) spot ETFs saw net inflows: Thursday about $224M led by Fidelity; IBIT had $40M outflows. By Monday total inflows rose to $266M, with IBIT gaining ~$209M.
- After Strategy disclosure, BTCUSD futures saw heavy net selling then mixed flows; Monday showed spot and futures buying. Funding rates stayed positive, and futures open interest remained elevated.
- Bitcoin (BTCUSD) fell over 2% after a large sale. On-chain activity and leveraged positions were linked to the move; a trader’s 500‑BTC, 40x position showed big unrealized losses.
- Bitcoin (BTCUSD) near $63,681, up ~1.5% in 24h, holding above 200‑week MA. Analysts advise self‑custody, warn against borrowing against BTC and say timing markets is difficult.
- Onchain Lens flagged a 10-minute buy of 300 BTC attributed to BlackRock, noting size and execution time — key on‑chain trade details relevant to BTCUSD traders.
- BTCUSD options show more calls than puts and near-term max pain near $63,000. Traders watch upcoming Fed minutes from the June 16–17 meeting for possible price catalysts.
- On-chain data: long-term Bitcoin holders now send ~4,130 BTC/day to exchanges vs ~8,040 BTC/day a week ago; traders note this drop amid talk of ETF flows and price testing $65,000
- BTCUSD shows resistance near the 50‑month EMA. Traders note recent price tests of longer-term moving averages and chart patterns; strategy-driven selling and buying may influence short-term momentum.
- Mt. Gox trustee has begun on-chain Bitcoin distributions to former creditors via registered custodians and exchanges, delivering BTC allocations rather than cash for claims tied to the 2014 collapse.
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Key facts: MicroStrategy Sells 3,588 BTC for $216M; ETFs Up; Futures Mixed
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MicroStrategy sold 3,588 BTC for $216M, trimming holdings to 843,775 BTC. Sales: 1,363 BTC at $59,256 and 2,225 BTC at $60,773 to fund dividends and boost cash.Bitcoin (BTCUSD) spo