Hello HODLers!
With the exception of short intensity pumps, such as the one we record today after the FOMC data on the increase in interest rates (rates have been increased by 0.75 basis points and not by a full point), the price of Bitcoin and all cryptocurrencies have collapsed.
Let's find out today which companies, which institutions have sold Bitcoin from May to today and how many have sold.
Institutions, since May, have sold a total of 236,237 BTC, some forced by liquidations or debts to be repaid, others simply to exit positions.
- Luna Foundation Guard sold more than 80,000 BTC in May
- Miners sold 4456 BTC in May
- Tesla sold around 29060 BTC (at an estimated price of $ 32,209)
- Three Arrows Capital owed creditors 18193 + 22054 BTC, the latter hedged to lower exposure risk
- Canadian ETF Purpose sold 24510 BTC to honor redemptions
- Miners sold 14600 BTC in June
- Celsius has released 21962 WBTC
Most of these sell-offs have been forced, leading to a real capitulation, which may be over for the moment.
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