It seems that the company Michael Saylor’s MicroStrategy will be making its first large Bitcoin transfer early yesterday. With a value of over $48 million, or about 1.6 billion baht amid the crypto market that is the blood of investors.
MicroStrategy has just transferred 2089 #Bitcoin ($48 million) to a new wallet for the first time ever, likely planning to dump their bags.
They’re now moments away from facing the largest liquidation in history. Ouch. pic.twitter.com/06NWFYFa4N
— CryptoWhale (@CryptoWhale) June 13, 2022
Early yesterday morning (June 13), Cryptowhale analyst tweeted important information about Bitcoin’s first Bitcoin transfer. MicroStrategy to another wallet which this move made investors start to feel restless Companies may decide to sell their Bitcoins, and this could lead to the biggest crypto investor cleanup in history if MicroStrategy sells Bitcoin and results in a sudden drop in Bitcoin prices.
MicroStrategy has just transferred 2089 #Bitcoin ($48 million) to a new wallet for the first time ever, likely planning to dump their bags.
They’re now moments away from facing the largest liquidation in history. Ouch. pic.twitter.com/06NWFYFa4N
— CryptoWhale (@CryptoWhale) June 13, 2022
Michael Saylor’s MicroStrategy (MSTR) is currently losing more than $1 billion on his (unrealized) bitcoin holdings as the world’s number one crypto coin hit a low of $22,500 late at night. past
Last month, Saylor denied rumors the company would face a margin call if Bitcoin fell to $21,000, stating that such problems would only arise if bitcoin hits $3,562.
However, from the information above, it is not clear whether transferring Bitcoin to another Bitcoin wallet. MicroStrategy Is it a transfer to be sold or not? This is because there are still other possible cases, for example a company might transfer Bitcoin to a new wallet for security reasons. but in spite of this Traders should not be underestimated and continue to closely monitor the market situation.