Lounge Started Jun 1, 2026 1:17 PM

Saylor sells 32 BTC

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Jun 1, 2026 2:04 PM
#2

ooooh
and here i thought i was being skyzo again thinking like "did i say somethin and now some people are mad and just dumping or somethin?" (literally skyzo type shit lol)
but nah, just didnt notice the rest of the market, btc price dumped so the rest of the market as well, that makes senses
ngl i need to be less skyzo lol

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Jun 1, 2026 4:30 PM
#3

Tiny sale for dividends — still green on those coins. Classic corp treasury move, not a signal. Dip buyers loading. BTC stays king

  • a reply on the zitter post

grok is this the beginning?
I hope this week stays fun headline wise xD

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Jun 5, 2026 7:48 PM
#4

@xenu the downward spiral begins. The more its dumps the more he gotta sell, rinse and repeat.

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principles over profit

1 thanks - esna7 - 0 tippers
Jun 5, 2026 8:10 PM Edited Jun 6, 2026 12:16 AM
#5

Brought to you by Brave AI summary

5-Year Bitcoin Price Movement & Causes (2021–2026)

  • 2021: Bitcoin surged to an all-time high of $68,789 in November, driven by institutional adoption (Tesla's $1.5B purchase), the Coinbase IPO, and El Salvador adopting BTC as legal tender.
  • 2022: Prices crashed to a low of $15,760 (down ~77%) due to the FTX exchange collapse, aggressive Federal Reserve rate hikes to combat inflation, and a broader "crypto winter."
  • 2023: The market recovered to ~$42,000 fueled by spot ETF speculation and anticipation of regulatory clarity, marking a return of institutional interest.
  • 2024: Bitcoin reached new record highs following the January approval of US Spot Bitcoin ETFs and the April halving event, which reduced new supply issuance.
  • 2025: The asset peaked at an all-time high of ~$126,080 in October, driven by accelerated institutional adoption, post-halving supply shocks, and macroeconomic hedging.

Summary of May–June 2026 Price Drivers

The recent decline from $77,000 in late May to **$59,744** in early June 2026 is attributed to a convergence of macroeconomic and specific crypto-market events:

  • Corporate Treasury Sales: A pivotal trigger was Strategy (formerly MicroStrategy) selling 32 BTC to fund dividend payments. This broke their long-standing "hold-only" narrative, causing sentiment to sour and triggering leveraged liquidations.
  • Record ETF Outflows: US Spot Bitcoin ETFs experienced a record 13-day streak of outflows totaling over $4 billion in late May, indicating a sharp cooling of institutional demand and profit-taking.
  • Macroeconomic Pressure: Sticky inflation data and a stronger-than-expected May jobs report reduced expectations for Federal Reserve rate cuts. This strengthened the US Dollar and pushed Treasury yields higher, making risk assets like Bitcoin less attractive compared to yield-bearing instruments.
  • Capital Rotation: Investors rotated capital out of crypto and into AI stocks and memory chips, which offered clearer growth narratives, leading to a "crowding-out" effect for Bitcoin.
  • Geopolitical & Regulatory Uncertainty: Escalating US-Iran tensions initially pressured risk assets, while delays in the passing of the Clarity Act (crypto market structure bill) in the US Senate dampened regulatory optimism.
  • Leverage Unwind: The initial drop triggered a cascade of long liquidations exceeding $1.5 billion, exacerbating the downward momentum as forced selling overwhelmed buy orders.

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1 thanks - nemesis - 0 tippers
Jun 6, 2026 12:05 AM
#6

It dropped to $60.000 now. Feel like it won't stopping anytime soon

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Jun 6, 2026 2:57 AM
#7

food for thought...
a btc block was 50 btc...
32 btc that's not even a full block and still impacting the whole market

a monero block was 17 xmr
would 17 xmr have that much impact on the whole market someday?
:hyperthonk:

1 thanks - esna7 - 0 tippers
Jun 8, 2026 12:35 PM
#8

@sepia seems leveled off for now, but, I'm calling 37k by EOY. I dont know why, but I'm stuck on that number. No real basis, just gut feeling.

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principles over profit

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Jun 8, 2026 12:41 PM
#9

@cipherchan just my opinion (Im not a 'technicals' guy), but I think its more the signal that Saylor selling conveys more than anything. He's the NGU god, so if he has to sell, his cult takes notice. In the overall picture, 32btc aint shit as you implied, and if some noname did similar, it may have gone largely unnoticed, but because of who he is and what he has long promoted, a small sale will cause ripples.

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Jun 8, 2026 1:05 PM
#10

@nemesis

seems leveled off for now, but, I'm calling 37k by EOY. I dont know why, but I'm stuck on that number. No real basis, just gut feeling.

that's a bold estimate there :O
u willing to bet on it? :P
EOY i just thinking like 80k... while i wish it could just keep dumping, i think it will happen only after a serious issue in the protocol
(maybe few more halvings when the math on mining reward will really be challenging the economy of the whole thing)
until then, there will probably still be some fomo on "buying the dip" type thing
like, market seems to be correcting already, people move fast from just 1 news thing, then they go back to just watching the numbers

interesting to see some of the signs already, when a bunch of massive mining companies had to file for bankcruptcy couple years ago or whenever it was
then all it takes is one michael saylor to do the tweet thing that he selling, the market crash happening, time will tell but this will be interesting for sure

1 thanks - nemesis - 0 tippers
Jun 8, 2026 2:29 PM
#11

@SpinningCat i got nothing to lose or gain either way. btc can go to zero or 6 trillion and my portfolio wouldnt change much 😅

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principles over profit

1 thanks - SpinningCat - 1 tippers

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