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Bitcoin Bottom Signal Flashes at FTX-Era Depths as Saylor Strategy Dumps BTC

July 7, 202606:35 AM
Bitcoin Bottom Signal Flashes at FTX-Era Depths as Saylor Strategy Dumps BTC

Bitcoin bulls may be nearing a major turning point. The realized profit and loss ratio has plummeted to -0.35, marking a 43-month low not seen since the catastrophic FTX collapse, triggering what Cryptoquant identifies as a definitive bottom signal.

This technical exhaustion arrives amidst unexpected institutional shifts, as Michael Saylor’s strategy reportedly turned seller, offloading 3,588 BTC. As the market's loss gauge hits depths reminiscent of the FTX era, the tension between extreme bearish sentiment and potential macro reversals is reaching a fever pitch.

However, the technical setup is complicated by recent whale activity. Michael Saylor’s strategy has notably shifted, with data showing a dump of 3,588 BTC. As the market navigates these FTX-era depths, investors are weighing the significance of this bottom signal against the sudden selling pressure from major institutional players.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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