The biggest holder of 850,000 bitcoins is now sitting on nearly $7 billion in unrealized losses.
Strategy holds 850,364 $BTC at an average cost of $75,456; at the current price of $67,252, it is 10.9% below cost, for an unrealized loss of about $6.97 billion.
The price dipped to a low of $66,456 overnight, its lowest since August, and is down 1.53% in 24 hours. The Fear and Greed Index is down to just 13, indicating extreme fear; about $1.26 billion in positions were liquidated across the crypto market in the past 24 hours, with longs accounting for around 86%.
Meanwhile, $ETH is at $1,903.69, down 0.65%; $SOL is down 3.65% to $75.85.
The next level to watch: whether the weekly candle can close back above the 200-week moving average, around $67,900, on Sunday. This is not investment advice.
Strategy holds 850,364 $BTC at an average cost of $75,456; at the current price of $67,252, it is 10.9% below cost, for an unrealized loss of about $6.97 billion.
The price dipped to a low of $66,456 overnight, its lowest since August, and is down 1.53% in 24 hours. The Fear and Greed Index is down to just 13, indicating extreme fear; about $1.26 billion in positions were liquidated across the crypto market in the past 24 hours, with longs accounting for around 86%.
Meanwhile, $ETH is at $1,903.69, down 0.65%; $SOL is down 3.65% to $75.85.
The next level to watch: whether the weekly candle can close back above the 200-week moving average, around $67,900, on Sunday. This is not investment advice.
